Salt Lake City Fed Branch Names New Director, Susan Johnson

The Federal Reserve Bank of San Francisco announced that it has appointed Susan Johnson, President, Futura Industries Corporation, Clearfield, Utah a Director of the Salt Lake City Branch effective January 1, 2013. She will replace Carol Carter, President and Chief Executive Officer, Industrial Compressor Products, Inc., Park City, Utah who retired from the Branch’s Board after serving as a Director since 2008.

Other members of the Fed’s Salt Lake City Branch Board of Directors are: Scott Hymas, Chairman, Salt Lake City Branch Board and Chief Executive Officer, R.C. Willey Home Furnishings, Salt Lake City, Utah; Josh England, President, England Logistics, Inc., Salt Lake City, Utah; Patrick F. Keenan, Chief Financial Officer, Rio Tinto Kennecott Utah Copper, South Jordan, Utah: Damon G. Miller, Utah Market President, U.S. Bank, Salt Lake City, Utah; Albert T. Wada, Chairman, Wada Farms Inc., Pingree, Idaho; and Bradley J. Wiskirchen, Chief Executive Officer of Keynetics Inc. Boise, Idaho.

Susan Johnson is President of Futura Industries Corporation, a Clearfield, Utah based aluminum extrusion and fabrication business for more than 45 years. Prior to joining Futura, Ms. Johnson served as President and Chief Operation Officer of Daw Technologies and President of Savage Manufacturing Corporation.

A native of El Paso, Texas, Ms. Johnson received a Bachelor of Sciences degree in engineering from the California Polytechnic State University and has done Graduate Studies at the University of Santa Clara and University California, Irvine.

Active in community affairs, she is currently serving, or has served on educational, corporate advisory and boards of directors, including the Natural History Museum of Utah, Davis Applied Technology Center, Utah State University, ARUP Laboratories, the Western National Trust and the Northern Utah Academy of Math, Engineering and Science.

The Federal Reserve Bank of San Francisco provides wholesale banking services to financial institutions in the nine western states through its head office in San Francisco, branch offices in Los Angeles, Portland, Salt Lake City, and Seattle, and a cash processing office in Phoenix. As the nation’s central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers certain consumer protection laws, and is fiscal agent for the U.S. government.