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Meet the Cleveland Fed’s President and First Vice President

Loretta J. Mester and Greg Stefani
Loretta J. Mester, President and Chief Executive Officer, and Greg Stefani, First Vice President and Chief Operating Officer

Loretta J. Mester

As president and chief executive officer of the Federal Reserve Bank of Cleveland, Loretta J. Mester participates in the formulation of US monetary policy and oversees approximately 950 employees in Cleveland, Cincinnati, and Pittsburgh who conduct economic research, supervise banking institutions, and provide payment services to depository institutions. She assumed her role as president and CEO in June 2014.

Greg Stefani

Greg Stefani is first vice president and chief operating officer of the Federal Reserve Bank of Cleveland. He chairs the Bank’s executive leadership team and oversees all operating and support activities in the Cleveland Bank headquarters and in the Bank’s Pittsburgh and Cincinnati Branches.