Board of Directors

James E. Nevels, Deputy Chairman

James E. Nevels is deputy chairman of the Federal Reserve Bank of Philadelphia’s board of directors. He has served as a Class C director on the Philadelphia Fed’s board since 2010. Nevels is chairman of The Swarthmore Group, an investment advisory firm that he founded in 1991; he has more than 25 years of experience in the securities and investment industry. He is also the nonexecutive chairman of the board of the Hershey Company and serves on the boards of the Hershey Trust Company and the Milton Hershey School.

In 2004, Nevels was appointed by President George W. Bush to the Advisory Committee of the Pension Benefit Guaranty Corporation and served as its chairman from 2005 to 2007. He has also served as the chairman of the Philadelphia School Reform Commission. Nevels is a cum laude and Phi Beta Kappa graduate of Bucknell University and a graduate of the University of Pennsylvania Wharton School of Business and the University of Pennsylvania Law School.

FEDERAL RESERVE BANK OF PHILADELPHIA . TEN INDEPENDENCE MALL . PHILADELPHIA, PA 19106-1574 . TEL: (215) 574-6000