The board of directors at the Federal Reserve Bank of Atlanta has begun the search for its next president and chief executive officer. Gregory Haile, chair of the Atlanta Fed board, will lead the search committee, which is composed of all six Class B and C directors.
The role involves overseeing all activities at the Atlanta Fed, including economic research and payment services. The president also serves on the Federal Open Market Committee, which is responsible for monetary policy decisions in the United States.
According to the Federal Reserve Act, only Class B and C directors—those not affiliated with supervised financial institutions—are eligible to appoint a new president. This appointment must be approved by the Federal Reserve Board of Governors.
Members of the search committee are Chair Gregory A. Haile from Ft. Lauderdale, Florida; James O. Etheredge from Atlanta, Georgia; G. Janelle Frost from DeRidder, Louisiana; Michael E. Longo from Birmingham, Alabama; Ana M. Menendez from Coconut Grove, Florida; and Nicole B. Thomas from Jacksonville, Florida.
An executive search firm will be retained to help identify candidates who have strong connections to the Sixth Federal Reserve District.
Gregory Haile stated: “The ideal candidate will have exhibited strategic and operational excellence, as well as a commitment to public service,” adding that “We will undertake a broad search to find an experienced and strong leader—one who can reflect the unique economic perspectives of the dynamic Southeast economy and advance the vision and mission of the Federal Reserve System.”
The committee plans to interview top candidates before submitting a finalist for approval by both Class B and C directors and then by the Board of Governors.
Haile also said that they are seeking “an exceptional organizational leader who will advance the Bank’s long-established values of integrity, excellence, and respect, and who will guide the talented and mission-driven Sixth District team dedicated to fostering the stability of the nation’s economic and financial systems.”
Public input is encouraged throughout this process while maintaining confidentiality for applicants. Updates on progress can be found at https://www.atlantafed.org/presidentialsearch.
Dr. Raphael W. Bostic announced his intention to retire as president effective at his term’s end on November 12. If no successor is appointed by February 28, 2026, Cheryl Venable—the current first vice president and chief operating officer—will serve as interim president.
