Thursday, 21 August 2014
Last updated 14 hours ago
Sep 2 2011 | 9:38am ET
Glenn Hutchins, co-founder of private equity firm Silver Lake Partners, has been named to the board of directors at the Federal Reserve Bank of New York.
Hutchins takes the seat of former Pfizer CEO Jeffrey Kindler. His term on the nine-member board runs until December 2012.
Hutchins also serves as a member of the New York Fed's Investors Advisory Committee on Financial Markets. He was a special adviser to President Bill Clinton on economic and healthcare policy and served on the former president's transition team.
The New York Fed also named Macy's CEO Terry Lundgren to its board.
"The board of directors is a key link between the bank and the region, and Mr. Hutchins and Mr. Lundgren have expertise in two critical industries—retail and technology—that are major employers in our area," New York Fed President William Dudley said.
Hutchins joins the board two years after its last p.e. representative, Stone Point Capital's Stephen Friedman, resigned as its chairman.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note