News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Lehmans

The Holden Arboretum

Akron Children's Hospital


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Regional Fed chief Pianalto is retiring
Pianalto has headed the Cleveland Federal Reserve for a decade
by WKSU's M.L. SCHULTZE


Web Editor
M.L. Schultze
 
Sandra Pianalto speaking yesterday in Cleveland about the need for education and training to improve the regional economy
Courtesy of KEVIN NIEDERMIER
Download (WKSU Only)
In The Region:
One of the most powerful women in the region is retiring. WKSU’s M.L. Schultze has more on the announcement from the CEO of the Federal Reserve Bank of Cleveland.
LISTEN: Pianalto will leave in early 2014

Other options:
Windows Media / MP3 Download (1:04)


Sandra Pianalto joined the Cleveland Fed in 1983 and had been its chief executive for the last decade. She plans to retire early next year, and says she’s leaving the regional institution “confident (it is) well positioned to address the challenges and opportunities facing the bank and the Federal Reserve System.

The chairman of the bank’s board, Richard Smucker, credits Pianalto with shepherding the bank through “one of the most difficult times in our nation’s economic history.”

The bank’s Deputy Chairman Christopher Connor, who is also CEO of The Sherwin-Williams Company, will head the search committee, which hopes to name her sucssessor early next year.

The bank has nearly 1,000 employees and covers Ohio, western Pennsylvania, eastern Kentucky and the panhandle of West Virginia. Together with 11 other regional Fed banks, it helps shape national monetary policy.

Pianalto started as a research economist, and was named vice president and board secretary in 1988. She became first vice president in 1993. She’s a vice chair of the board of  University Hospitals, an advisory trustee for The University of Akron and serves on The Cleveland Foundation, Greater Cleveland Partnership, Team Northeast Ohio (Team NEO), and College Now Greater Cleveland. She’s also a strong advocate for improving training and education in the region as a key to economic growth.

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Ohio lawmakers propose grants for home construction for disabled people
We have been trying to have a "Visitability Bill" passed for years. Thanks, Greg

Lake County crimes may give Trump immigration fodder
Shoddy reporting at best. "Mixed views" The question that came to my mind was, "How many people did he have to interview to get "mixed views". Do the two peo...

Ohio's U.S. Sen. Sherrod Brown announces plans to improve Medicare by lowering prescription costs for seniors
Sounds good. I'm living in Florida to escape the snow. So far it's working. I retired from GM in 2000. Keep pushing for all the working people. In the long run ...

The tiny town that time, and elections, forgot may go out of existence
Thank you for this story. I grew up in Limaville, my parents home is there still...unsellable due to the septic/sewer problem. Sometimes I am sorry I left...wis...

Where Ohio'sJohn Kasich stands in the presidential polls
We are fans of Gov. Kasich since he served in the House of Representatives. It pleases us to finally see him as the potential President of the United States. We...

Cleveland hosts the first national Movement for Black Lives conference
What a wonderful experience this was, So much love and understanding, without all of the other distractions that tend to come with organizing for change, this e...

Air Force unit gets training and Youngstown gets rid of some eyesores
Do they have to totally destroy all the beautiful oak and leaded windows, which I am thinking are probably there? Do they just have to destroy them like that? C...

Jewish challah and Native American fry bread at an Akron cultural exchange
Each time I saw the young students relate to each other, I got goose bumps. These young students can and hopefully will teach all of us to live and respect eac...

One of the Cleveland Orchestra's most celebrated musicians bids farewell
I had the honor of studying with Franklin Cohen in the late 80s and early 90s. He is unparalleled both as a clarinetist and as a musician. His deep personal war...

Summa's dress code is not 'etched in stone'
SOME OF THESE POLICIES ARE A COMPLETE JOKE. UNLESS YOU ARE DOING THESE TYPE OF JOBS EVERY DAY, YOU DON'T KNOW WHAT IS COMFORTABLE AND REASONABLE OR NOT. UNLESS ...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University