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, Pennsylvania, has been reelected to serve as a Class A director by member banks in Electoral Group 2. Black’s term began on January 1, 2024.
- Bret Perkins, senior vice president of external and government affairs, Comcast Corporation, Philadelphia, Pennsylvania, has been reelected to serve a second term as a Class B director by member banks in Electoral Group 3. Perkins’s term began on January 1, 2024.
Additionally, the following appointments were made by the Board of Governors of the Federal Reserve System, effective January 1, 2024:
- Anthony Ibargüen, chief executive officer, Quench USA, Inc., King of Prussia, Pennsylvania, has been reappointed chair of the board of directors.
- Sharmain-Matlock-Turner, chief executive officer, Urban Affairs Coalition, Philadelphia, Pennsylvania, has been reappointed deputy chair of the board of directors.
- William Lo, president and founder, Crystal Steel Fabricators, Inc., Delmar, Delaware, has been reappointed as a Class C director.
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 reappointed by the board of directors of this Reserve Bank to represent the Third District on the Federal Advisory Council, effective January 1, 2024, to December 31, 2024.
Federal Reserve Bank of Philadelphia Board of Directors 2024
Anthony Ibargüen, Chair
Chief Executive Officer
Quench USA, Inc.
Sharmain Matlock-Turner, Deputy Chair
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
Julia Klein
Chairwoman and Chief Executive Officer
C.H. Briggs Company
William Lo
President and Founder
Crystal Steel Fabricators, Inc.
Christopher Maher
Chairman, President and Chief Executive Officer
OceanFirst Bank
Bret Perkins
Senior Vice President of External and Government Affairs
Comcast Corporation
Timothy Snyder
President and Chief Executive Officer
Fleetwood Bank
Federal Advisory Council Representative
Jeffrey Schweitzer
President, Chief Executive Officer, Univest Corporation of Pennsylvania
Chief Executive Officer, Univest Bank and Trust Company
Effective January 1, 2024, to December 31, 2024
Additional Information
Inquiries concerning this circular letter should be directed to Marla Chazin, Assistant to the Corporate Secretary at 215-574-3838, or marla.chazin@phil.frb.org.