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:

  • Brian W. Jones, president and chief executive officer, The First National Bank of Elmer, Elmer, New Jersey, has been elected as a Class A director by member banks in Electoral Group 3. Jones’s term began on January 1, 2025.
  • Sharmain Matlock-Turner, chief executive officer, Urban Affairs Coalition, Philadelphia, Pennsylvania, has been elected as a Class B director by member banks in Electoral Group 1. Matlock-Turner’s term began on January 1, 2025.

Additionally, the following appointments were made by the Board of Governors of the Federal Reserve System, effective January 1, 2025:

  • Anthony Ibargüen, executive chair, Culligan Quench and Culligan Latin America, King of Prussia, Pennsylvania, has been reappointed chair of the board of directors.
  • William Lo, president and founder, Crystal Steel Fabricators, Inc., Delmar, Delaware, has been appointed deputy chair of the board of directors.
  • Kisha Hortman Hawthorne, senior vice president and chief operating officer, Care Network and Behavioral Health and Crisis Center at the Children’s Hospital of Philadelphia, Philadelphia, Pennsylvania, has been appointed as a Class C director.

Our board of directors also made the following appointment:

  • Rodger Levenson, president and chief executive officer, WSFS Bank, 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, 2025, to December 31, 2025.

Federal Reserve Bank of Philadelphia Board of Directors 2025


Anthony Ibargüen, Chair

Executive Chair
Culligan Quench and Culligan Latin America

William Lo, Deputy Chair

President and Founder
Crystal Steel Fabricators, Inc.

Kisha Hortman Hawthorne

Senior Vice President and Chief Operating Officer
Care Network and Behavior Health and Crisis Center at the
Children’s Hospital of Philadelphia

Randall E. Black

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

John Fry

President
Temple University

Brian W. Jones

President and Chief Executive Officer
The First National Bank of Elmer

Sharmain Matlock-Turner

Chief Executive Officer
Urban Affairs Coalition

Bret Perkins

Senior Vice President of External and Government Affairs
Comcast Corporation

Federal Advisory Council Representative

Rodger Levenson

President and Chief Executive Officer, WSFS Bank
Effective: January 1, 2025 to December 31, 2025

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.