To: All Member Banks in the Third Federal Reserve District
Attention: Chief Executive Officer
Subject: Election Results and Other Appointments
We are pleased to announce the following election results:
- Ted T. Cecala, Chairman & CEO, Wilmington Trust Corporation, Wilmington, DE, has been elected a Class A director by member banks in Electoral Group 1. Mr. Cecala's term will begin January 1, 2008.
- Keith S. Campbell, Chairman, Mannington Mills, Salem, NJ, has been elected as a Class B director by member banks in Electoral Group 2. Mr. Campbell's term will begin January 1, 2008.
Additionally, the following appointments were made by the Board of Governors of the Federal Reserve System and are effective January 1, 2008:
- William F. Hecht, Retired Chairman, President & CEO, PPL Corporation, Allentown, PA, has been appointed Chairman of the Board of Directors.
- Charles P. Pizzi, President & CEO, Tasty Baking Company, Philadelphia, PA, has been appointed Deputy Chairman of the Board of Directors.
- Jeremy Nowak, President & CEO, The Reinvestment Fund, Philadelphia, PA, has been appointed a Class C director.
Federal Reserve Bank of Philadelphia Board of Directors: 2008
- William F. Hecht, Chairman
Retired Chairman, President & CEO
PPL Corporation - Charles P. Pizzi, Deputy Chairman
President & CEO
Tasty Baking Company - Michael F. Camardo
Retired Executive Vice President
Lockheed Martin Information & Technology Services - Keith S. Campbell
Chairman
Mannington Mills, Inc. - Ted T. Cecala
Chairman & CEO
Wilmington Trust Corporation - John G. Gerlach
President & CEO
Pocono Community Bank - Aaron L. Groff, Jr.
Chairman, President & CEO
The Ephrata National Bank - Garry L. Maddox
President & CEO
A. Pomerantz & Company - Jeremy Nowak
President & CEO
The Reinvestment Fund
Additional Information
Inquiries concerning this circular letter should be directed to Linda O’Donnell, Assistant to the Corporate Secretary, at (215) 574-6389 or Linda.ODonnell@phil.frb.org.