The Federal Reserve Bank of Atlanta’s board of directors has started 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 new president and CEO will oversee all activities at the bank, including economic research and payment services. The position also comes with a seat on the Federal Open Market Committee, which is responsible for setting monetary policy within the Federal Reserve System.
According to federal law, specifically the Federal Reserve Act, only Class B and C directors—those not linked to supervised financial institutions—are eligible to appoint a bank president. However, their choice must be approved by the Board of Governors of the Federal Reserve.
Committee members include Gregory A. Haile (chair), James O. Etheredge, G. Janelle Frost, Michael E. Longo, Ana M. Menendez, and Nicole B. Thomas. They plan to hire an executive search firm to help identify candidates who have significant ties to communities in the Sixth Federal Reserve District.
“The ideal candidate will have exhibited strategic and operational excellence, as well as a commitment to public service,” said Haile. “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.”
After reviewing applications and conducting interviews with top candidates, the committee will select a finalist for submission to the Board of Governors for approval before making a formal appointment.
Haile added that they are looking for “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.”
The board aims for transparency during this process while maintaining confidentiality for applicants. Updates about progress can be found at atlantafed.org/presidentialsearch.
Dr. Raphael W. Bostic announced his retirement as president effective at term end on November 12. If no successor is named by February 28, 2026, Cheryl Venable—the current first vice president and chief operating officer—will serve as interim president until a permanent appointment is made.
