FDIC Board of Directors: Donald E. Powell, Chairman (seated), John M. Reich, John D. Hawke, Jr., James E. Gilleran (standing, left to right)
On December 9, 2003, the U.S.Senate confirmed Thomas J. Curry,
Commissioner of Banks for the Massachusetts Division of Banks,
to be a member of the Board of Directors of the FDIC for a six-year term.
On January 12, 2004, Mr. Curry was sworn in and the FDIC has a full
five-member Board for the first time since September 1998.
Donald E. Powell
Don Powell was sworn in as the
18th Chairman of the FDIC in
August 2001. During his tenure he
has worked to maintain the FDIC’s
reputation of excellence while
positioning the organization to
meet the needs of a rapidly
evolving banking industry.
Prior to being named Chairman of
the FDIC by President George W. Bush,
Mr. Powell – a life-long Texan –
was President and CEO of The First
National Bank of Amarillo, where he
started his banking career in 1971.
In addition to his professional
experience as a banker, Mr. Powell
has served on numerous boards
at universities, civic associations,
hospitals and charities.
Of note, Mr. Powell has served as
the Chairman of the Board of Regents
of the Texas A&M University System,
which has more than 90,000 students,
the Chairman of the Amarillo Chamber
of Commerce, and currently serves
on the Advisory Board of the
George Bush School of Government
and Public Service.
Mr. Powell has also served on the
Board of many other nonprofit,
public and community organizations,
including the United Way, the
Harrington Regional Medical Center,
the City of Amarillo Housing Board,
and a number of other educational
He received his B.S. in economics
from West Texas State University and
is a graduate of The Southwestern
Graduate School of Banking at
Southern Methodist University.
John M. Reich
Mr. Reich became Vice Chairman
of the FDIC Board of Directors
on November 15, 2002, and has
served as a Board member since
January 16, 2001. Following
Chairman Donna Tanoue’s resignation
in July 2001 and until Mr. Powell
took office in August 2001, Mr. Reich
was Acting Chairman of the FDIC.
Mr. Reich enjoyed a 23-year career
as a community banker in Illinois
and Florida, the last 10 years of
which were as President and CEO
of the National Bank of Sarasota,
Before joining the FDIC, Mr. Reich
served for 12 years on the staff of
U.S. Senator Connie Mack (R-FL).
From 1998 through 2000, he was
Senator Mack’s Chief of Staff,
directing and overseeing all of the
Senator’s offices and committee
activities, including the Senate
Mr. Reich’s substantial community
service includes serving as Chairman
of the Board of Trustees of a public
hospital facility in Ft. Myers, FL, and
Chairman of the Board of Directors
of the Sarasota Family YMCA. He
has also served as a Board member
for a number of civic organizations,
and was active for many years in
youth baseball programs.
Mr. Reich holds a B.S. degree from
Southern Illinois University and
an M.B.A. from the University of
South Florida. He is also a graduate
of Louisiana State University’s
School of Banking of the South.
John D. Hawke, Jr.
Mr. Hawke was sworn in as the
28th Comptroller of the Currency on
December 8, 1998. After serving 10
months under a recess appointment,
he was sworn in for a full five-year term
on October 13, 1999. As Comptroller,
Mr. Hawke serves as an FDIC Board
Prior to his appointment as
Comptroller, Mr. Hawke served
for three and a half years as Under
Secretary of the Treasury for Domestic
Finance. Before joining Treasury,
Mr. Hawke was a senior partner at the
Washington, DC, law firm of Arnold & Porter, where he began as an associate
in 1962. While there, he headed
the financial institutions practice, and
from 1987 to 1995, served as the
firm’s Chairman. In 1975, he left the
firm to serve as General Counsel to
the Board of Governors of the Federal
Reserve System, returning in 1978.
Mr. Hawke graduated from Yale
University in 1954 with a B.A. in
English. From 1955 to 1957, he served
on active duty with the U.S. Air Force.
After graduating in 1960 from Columbia
University School of Law, where he
was Editor-in-Chief of the Columbia
Law Review, Mr. Hawke was a law
clerk for Judge E. Barrett Prettyman
on the U.S. Court of Appeals for
the District of Columbia Circuit. From
1961 to 1962, he served as counsel to
the Select Subcommittee on Education
in the House of Representatives.
From 1970 to 1987, Mr. Hawke taught
courses on federal regulation of banking
at Georgetown University Law
Center. He has also taught courses
on bank acquisitions and financial
regulation, and served as the Chairman
of the Board of Advisors of the
Morin Center for Banking Law Studies
in Boston. Mr. Hawke has written
extensively on matters relating to the
regulation of financial institutions.
James E. Gilleran
Mr. Gilleran became Director of the
Office of Thrift Supervision (OTS)
on December 7, 2001. As OTS
Director, Mr. Gilleran is also an
FDIC Board member.
Mr. Gilleran was Chairman and CEO
of the Bank of San Francisco from
October 1994 until December 2000.
From 1989 to 1994, he was the
California State Banking Superintendent.
He served as Chairman
of the Conference of State Bank
Supervisors (CSBS) from 1993 to
1994, and was a member of the
CSBS’s Bankers Advisory Council
Prior to his service as the California
Banking Superintendent, Mr. Gilleran
was managing partner of the
Northern California practice of the
public accounting firm KPMG Peat
Marwick. Before serving as managing
partner, he was in charge of KPMG’s
banking practice in the western
region of the U.S. He was with
KPMG from 1958 through 1987.
Mr. Gilleran has also been involved
in a number of educational, civic and
charitable organizations, including
serving as Chairman of both the
American Red Cross of the
San Francisco Bay Area and
the Metropolitan YMCA.
Mr. Gilleran is a certified public
accountant and a member of the
American Institute of CPAs. He
graduated from Pace University in
1955, and received his law degree
from Northwestern California
University in 1996.