Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president The Cleveland branch of the Federal Reserve says that Beth Hammack, an executive at investment bank ...

Former high-ranking Goldman Sachs executive Beth Hammack will become the next president of the Federal Reserve Bank of Cleveland, the regional bank said on Wednesday.

The Federal Reserve Bank of Cleveland announced Wednesday that Beth M. Hammack will be its next president and chief executive officer after current president Loretta Mester retires at the end of June.

Loretta Mester, Fmr. Cleveland Fed President, joins 'Closing Bell: Overtime' to discuss the June jobs report numbers and what it means for the economy and the Fed's next moves.

WASHINGTON (AP) — The Cleveland branch of the Federal Reserve said Wednesday that Beth Hammack, a former executive at investment bank Goldman Sachs, would be its next president effective Aug. 21.

The Federal Reserve Bank of Cleveland announced Wednesday that Beth M. Hammack will be its next president and chief executive officer after current president Loretta Mester retires at the end of June.