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:

  • Randall Black, president and chief executive officer, Citizens Financial Services, Inc., and First Citizens Community Bank, Mansfield, PA, has been elected as a Class A director by member banks in Electoral Group 2. Black’s term will begin on January 1, 2021.
  • Patricia Hasson, retired president and executive director, Clarifi, Philadelphia, PA, has been elected as a Class B director by member banks in Electoral Group 3. Hasson’s term will begin on January 1, 2021.

Additionally, the following appointments were made by the Board of Governors of the Federal Reserve System, effective January 1, 2021:

  • Madeline Bell, president and chief executive officer, Children’s Hospital of Philadelphia, PA, has been appointed chair of the board of directors.
  • Anthony Ibargüen, chief executive officer, Quench USA, Inc., King of Prussia, PA, has been appointed deputy chair of the board of directors.

Our board of directors also made the following appointment:

  • Jeffrey Schweitzer, president and chief executive officer, Univest Corporation of Pennsylvania and chief executive officer, Univest Bank and Trust Company has been appointed by the board of directors of this Reserve Bank to represent the Third District on the Federal Advisory Council effective January 1, 2021 to December 31, 2021.

Federal Reserve Bank of Philadelphia Board of Directors 2021


Madeline Bell, Chair

President and Chief Executive Officer
Children’s Hospital of Philadelphia

Anthony Ibargüen

Chief Executive Officer
Quench USA, Inc.

Sharmain Matlock-Turner

President and Chief Executive Officer
Urban Affairs Coalition

Randall Black

President and Chief Executive Officer
Citizens Financial Services, Inc., and First Citizens Community Bank

John Fry

President
Drexel University

Patricia Hasson

Retired President and Executive Director
Clarifi

Julia Klein

Chair and Chief Executive Officer
C.H. Briggs Company

Christopher Maher

Chair, President and Chief Executive Officer
OceanFirst Bank

Timothy Snyder

President and Chief Executive Officer
Fleetwood Bank

Federal Advisor Council Representative

Jeffrey Schweitzer

President, Chief Executive Officer, Univest Corporation of Pennsylvania
Chief Executive Officer, Univest Bank and Trust Company
Effective January 1, 2021 – December 31, 2021

Additional Information

Inquiries concerning this circular letter should be directed to Marla Chazin,  Office of the Secretary, at (215) 574-3838, or marla.chazin@phil.frb.org.