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FDIC Announces Key Appointments: Stan Ivie Named Dallas Regional Director; John F. Carter Named San Francisco Regional Director
Federal Deposit Insurance Corporation (FDIC) Chairman Don Powell has announced the consolidation of the management structure for the FDIC's supervision and resolutions operations in Dallas and the appointment of Stan Ivie to the position of Regional Director. Current Dallas Regional Director, John F. Carter, will become Regional Director in San Francisco, replacing Nancy E. Hall, who is retiring after 33 years of service. The appointments are effective July 3, 2005.
"Nancy Hall has served the FDIC with distinction and in various leadership capacities during her career," said Chairman Powell. "Having served in both the supervision and resolutions divisions, she was an early pioneer for our recently announced Corporate Employee Program."
"The Corporation will miss Ms. Hall's leadership," said Michael J. Zamorski, Director of the Division of Supervision and Consumer Protection (DSC). "We are pleased, however, that Regional Director Carter, who has led the Dallas Region with distinction since 2000, will be overseeing the important San Francisco Region, and that Mr. Ivie will be joining our senior management team."
"I am pleased to have Stan and John fill these very important roles," said Chairman Powell. "They are proven managers who will lead our significant corporate presence in Dallas and San Francisco."
Mr. Ivie, a 20-year FDIC veteran, is concurrently the Deputy Director (Field Operations) for DRR and the Interim Director of the FDIC's Office of Public Affairs. As Regional Director in Dallas, Mr. Ivie will oversee the FDIC's bank supervision activities as well as the field resolutions activities of the Division of Resolutions and Receiverships (DRR).
The Dallas Region has 1,823 insured institutions with assets of $618 billion in Texas, Oklahoma, Colorado, Arkansas, New Mexico, Louisiana, Tennessee, and Mississippi.
Reporting to Mr. Ivie will be Sylvia H. Plunkett, Deputy Regional Director (Compliance); the currently vacant position of Deputy Regional Director (Risk Management); and newly appointed Deputy Regional Director (Resolutions & Receiverships) James D. LaPierre.
John Carter, a 32-year FDIC veteran, has been Regional Director in Dallas since 2000. As Regional Director in San Francisco, Mr. Carter will oversee the FDIC's bank supervision activities in Alaska, Arizona, California, Guam, Hawaii, Idaho, Montana, Nevada, Oregon, Utah, Washington, Wyoming. There are 748 insured institutions with assets of $1.3 trillion in the San Francisco Region. Reporting to Mr. Carter will be Vanessa Villalba, Deputy Regional Director (Risk Management) and Frank Hartigan, Deputy Regional Director (Compliance).
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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,930 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or (703) 562-2200).
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