San Francisco Federal Reserve names new Chairman and Deputy

The Federal Reserve Bank of San Francisco has named T. Gary Rogers as new chairman and Doug Shorenstein was named deputy chairman. Rogers is chairman of Levi Strauss & Co. and is the immediate past chairman of Dreyer’s Grand Ice Cream Inc. Rogers also sits on the boards of the Shorenstein Properties, Stanislaus Food Products, and the UCSF Foundation. Shorenstein is chairman and chief executive officer of Shorenstein Properties. He joined the family business in 1983 and became chairman and CEO in 1995. The Federal Reserve Bank of San Francisco provides wholesale banking services to financial institutions throughout the nine western states.