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.

Akron Children's Hospital

Greater Akron Chamber

Akron General


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

HOF's Canton expansion could take an island and make it a village
I live in the block from Broad St to the Hall of Fame and will be impacted by the expansion. I am in the process of selling my home and planned to long before i...

Cleveland redeploys police to replace rejected red-light traffic cameras
Periodic rotational enforcement without warning does NOT change behavior and the city officials know that. This is the basis of all officer-run enforcement trap...

New enrollment period offers more insurance options
The removal of federal funding for healthcare CO-OPs may limit the growth of the CO-OP movement. http://www.healthcaretownhall.com/?p=6381

The family of Boardman vet killed in Vietnam receives his medals
My name is Mike Eisenbraun. I am Larry's brother. I was 14 years old when Larry was killed in Vietnam. He has been gone for 46 years but it seems like yester...

Cleveland seniors are creating new wealth -- and facing new challenges
Why is anyone surprised that we people over 65 are not retiring? If you have been paying attention, defined company funded pensions were phasing out in the eigh...

Ohio company cuts off a dairy supplier after allegations of animal abuse
these people should be held accountable for their actions. i would be more than pleased to see a year or more behind bars. i will NEVER eat anything that comes ...

Goodyear recruits thousands of vets
What a wonderful interview! Excellent reporting skills by a talented young reporter! I look forward to hearing more from Ms. Schley!

Ohio Democratic Party begins the rebuilding process
I agree 100% with Sen. Brown. I think it is absolutely critical for the Democratic Party in Ohio to engage in the long, tedious, hard task of re-building from t...

They're talking again in the Macedonia bridge dispute
Norfolk Southern says the Ledge road bridge meets regulations for train traffic, however it was built as an overpass for a roadway and/or farm usage. I think t...

Cleveland City Council to consider transgender public restroom law
this is sick. I do not want my daughter in the same bathroom as a perverted 45 year old man. this proposed legislation could seriously damage the security of ch...

Copyright © 2014 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