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John Roberts Elected to Board of Fed’s Eighth District

2 min read

The Federal Reserve on Monday named new members to its boards of directors in St. Louis and its branch in Little Rock.

First, John Roberts III, president and CEO of J.B. Hunt Transport Services Inc. of Lowell, was elected to a three-year term on the St. Louis Fed’s board of directors.

The board also named George Paz, chairman and CEO of Express Scripts Inc. in St. Louis, as its chairman. Others on the board include Sonja Yates Hubbard, CEO of E-Z Mart Stores Inc. in Texarkana, Texas; and Cal McCastlain, partner at Dover Dixon Horne PLLC law firm of Little Rock.

Second, the Fed named Ray Dillon, president and CEO of Deltic Timber Corp. of El Dorado, as chairman of its Little Rock branch’s board of directors. Dillon was reappointed to a three-year term on the board.

John Womack, chairman and CEO of Arvest Bank in Little Rock, was also reappointed to a three-year term on the board of the Little Rock branch.

Other members of the Little Rock branch board are Michael A. Cook, senior vice president and assistant treasurer of Wal-Mart Stores Inc. in Bentonville; Keith Glover, president and CEO of Producers Rice Mill Inc. in Stuttgart; Ronald B. Jackson, community chairman of Simmons First National Bank of Russellville; Robert Martinez, owner of Rancho La Esperanza in De Queen; and Mark White, president and CEO of Arkansas Blue Cross Blue Shield in Little Rock.

Members of the board of directors of the Federal Reserve Bank of St. Louis and the advisory boards of its three branches in Little Rock, Memphis and Louisville, Kentucky are familiar with the economic and credit conditions of their respective regions. Their observations – along with the economic data and information gathered and analyzed by St. Louis Fed staff – are represented in Federal Open Market Committee deliberations in Washington, D.C.

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