Beth M. Hammack
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Beth M. Hammack
Elizabeth Morgan Hammack (born 1971/1972) is the 12th president and CEO of the Federal Reserve Bank of Cleveland. Prior to that, Hammack worked at Goldman Sachs for three decades before resigning in 2024 as the co-head of global finance. Early life Hammack was born in California to Howard L. Morgan, a venture capitalist, and a mother who worked as an interior designer. She grew up in Villanova, Pennsylvania and is the middle of three sisters. In 1989, she graduated from The Baldwin School located in Bryn Mawr, Pennsylvania. Hammack earned a bachelor's degree from Stanford University in 1993 with a combined major in quantitative economics and history. During her academic career, Hammack was part of a council of student presidents at Stanford that included John Louie, who played the Wing Kid in the 1984 film ''Gremlins'' and John Overdeck, co-founder and co-chairman of Two Sigma, Two Sigma Investments. She interned twice at the Philadelphia Stock Exchange during her summer breaks ...
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Federal Reserve Bank Of Cleveland
The Federal Reserve Bank of Cleveland is the Cleveland, Ohio, Cleveland-based headquarters of the U.S. Federal Reserve System's Fourth Federal Reserve Districts, District. The district is composed of Ohio, western Pennsylvania, eastern Kentucky, and the Northern Panhandle of West Virginia, northern panhandle of West Virginia. It has branch offices in Cincinnati and Pittsburgh, Pennsylvania, Pittsburgh. The check processing center in Columbus, Ohio, was closed in 2005. Since August 21, 2024, Beth M. Hammack has been serving as the bank's chief executive officer and president (corporate title), president. The bank building is a 13-story 203 foot high-rise, located at Superior Avenue and East 6th Street in downtown Cleveland. It was designed by the Cleveland firm of Walker and Weeks and completed in 1923. Its exterior architecture emulates an Renaissance architecture, Italian Renaissance palazzo, and is clad in Etowah marble, Georgia pink marble. An extension to the building desig ...
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