For immediate release
Contact: Sarah Katz, Media Relations
Philadelphia, PA — The Federal Reserve Bank of Philadelphia today announced the appointment of Bill Wafford, chief administrative officer and chief financial officer, QVC Group, to its Economic and Community Advisory Council (ECAC).
Wafford has more than 25 years of experience in corporate finance and management consulting and has held executive leadership roles across retail, consumer goods, and digital commerce businesses. He joined QVC in 2023 as the chief financial officer and was appointed chief administrative officer in 2024. In his current role, Wafford oversees the company’s global financial activities.
Wafford earned his M.B.A. from the Kelley School of Business at Indiana University and his bachelor’s degree from University of California, Riverside.
Created in 2008, the ECAC is composed of leaders representing businesses, nonprofit organizations, philanthropic organizations, academic institutions, the public sector, and organized labor. The ECAC informs the Philadelphia Fed’s senior leadership team about emerging trends, issues, and market conditions in the Third Federal Reserve District. The ECAC also encourages inclusive regional economic growth through partnerships with organizations from the private and public sectors.
About the Federal Reserve Bank of Philadelphia
The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy; supervises state member banks, bank holding companies, and savings and loan holding companies; and provides financial services to depository institutions and the federal government. It is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware.