Krueger and Banner Appointed and Harrington Reappointed to the Federal Reserve Bank of Atlanta's Nashville Branch Board of Directors

For immediate release: Dec. 7, 2009

William J. Krueger, senior vice president of manufacturing, purchasing, supply chain management and total customer satisfaction for Nissan North America, and Jennifer S. Banner, chief executive officer, Schaad Companies, have been appointed to the board of directors of the Federal Reserve Bank of Atlanta's Nashville Branch. Cordia W. Harrington, president and chief executive officer of Tennessee Bun Co., has been reappointed to the Nashville Branch board. Their terms begin Jan. 1, 2010, and run through Dec. 31, 2012.

Krueger's career began as a superintendent at General Motors Corp. He then worked as a manufacturing manager for Harley Davidson Corp. and general manager for Toyota Motor Corp. before joining Nissan North America in 2005 as vice president of manufacturing. He assumed his current position in 2007.

Krueger is a member of the Committee of Visitors for the School of Engineering at Vanderbilt University and a director of the American Red Cross Nashville Area Regional Chapter, Second Harvest Food Bank of Middle Tennessee and Anchor Hocking Co. He also serves on the executive advisory council for the Automotive Women's Alliance Foundation. Krueger earned a bachelor's degree in electrical engineering and computer science from Marquette University and a master's of engineering management and an MBA from Northwestern University.

Banner began her career as a certified public accountant at Ernst & Whitney. In 1987 she became a shareholder and principal with Pershing Yoakley & Associates. She assumed her current position at Schaad Companies in 2005.

Banner is a director of BB&T Corp., the Knoxville Museum of Art board of trustees, and Tennessee Aquatics Inc. She is also a member of the University of Tennessee's Chancellor's Associates, the Department of Finance Advisory Roundtable, and the Department of Accounting and Information Management Advisory Roundtable. She earned a bachelor's degree in business administration and a master of accountancy from the University of Tennessee.

Harrington's entrepreneurial career began in 1981 when she opened a real estate firm. In 1989 she purchased the first of three McDonald's franchises, and in 1996 she constructed a McDonald's bakery in Tennessee. In 1999 she opened a second bakery in Nashville and started Cornerstone Bakery as a joint venture with her brother Alan Barton. In 2005 she acquired Cold Storage of Nashville.

Harrington is chair of the St. Thomas Health Services Fund Board. She serves on the board of Fifth Third Bank and is a member of Belmont University's board of trustees. She is a 1975 graduate of the University of Arkansas.

Federal Reserve Bank of Atlanta Branch directors provide economic information from their industry and the branch territory to the district bank's president and head office directors, who use the information in formulating monetary policy and making discount rate recommendations. Krueger was appointed to the board of directors of the Federal Reserve Bank of Atlanta's Nashville Branch by the Federal Reserve Board of Governors in Washington, D.C. Banner was appointed and Harrington was reappointed by the Atlanta Fed's board of directors. The Board of Governors appoints three of the Nashville Branch directors, and the Atlanta head office directors appoint four.

Contact: Jean Tate 404-498-8035