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Federal Reserve Bank of Minneapolis
2008 Board of Directors

The responsibilities of directors are broad, ranging from overseeing the general operations of the Reserve bank to reporting on district economic conditions. This information helps prepare the Reserve
bank president for participation in Federal Open Market Committee meetings, where decisions are made about monetary policy.

Class A Directors
(elected by member banks to represent member banks)
 
Term expires
December 31
Dorothy J. Bridges
President and Chief Executive Officer
Franklin National Bank
Minneapolis, Minnesota
2010
Peter J. Haddeland
2008
President
First National Bank of Mahnomen
Mahnomen, Minnesota
Thomas W. Scott
2009
Chairman
First Interstate BancSystem, Inc.
Billings, Montana


Class B Directors
(elected by member banks to represent the public)
 
Term expires
December 31
William J. Shorma
2009
President
Shur-Co
Yankton, South Dakota
Todd L. Johnson
2010
Chairman and Chief Executive Officer
Reuben Johnson & Son, Inc. & Affiliated Companies
Superior, Wisconsin
Randy Peterson
2008
Facility Director
Lake Superior State University
Sault Ste. Marie, Michigan


Class C Directors
(appointed by the Board of Governors
to represent the public)
 
Term expires
December 31
Mary K. Brainerd
President and Chief Executive Officer
HealthPartners
Minneapolis, Minnesota
2010
James J. Hynes (Chair)
2009
Executive Administrator
Twin City Pipe Trades Service Association
St. Paul, Minnesota
Jake Marvin (Deputy Chair)
2008
Chairman and Chief Executive Officer
Marvin Windows and Doors
Warroad, Minnesota

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