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Armstrong appointed to Federal Reserve Bank of Dallas’ Houston Branch board

For immediate release: February 10, 2011

DALLAS—The Federal Reserve Board of Governors has appointed Greg Armstrong of Houston to the Bank’s Houston Branch board of directors for a three-year term ending December 31, 2013.

In his role as a board member, Armstrong will provide input on regional economic conditions as part of the Federal Reserve's monetary policy functions.

Armstrong is chairman and CEO of Plains All American, which engages in the transportation, storage, terminalling and marketing of crude oil, refined products and liquefied petroleum gas.

Previously, he served as president, CEO and director of Plains Resources.
 
Armstrong is a member of National Oilwell Varco Inc.’s board of directors, the advisory board of Cox School’s Maguire Energy Institute at Southern Methodist University, the National Petroleum Council, and the board of trustees of The Council on Alcohol and Drugs Houston.

Armstrong holds a bachelor’s degree from Southeastern Oklahoma State University and is a certified public accountant.

The Houston board consists of seven members, four appointed by the Dallas Fed board and three by the Federal Reserve Board of Governors in Washington, D.C.

For more information on the Dallas Fed, visit www.dallasfed.org.

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Media contact:
James Hoard
Phone: (214) 922-5307
e-mail: james.hoard@dal.frb.org