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Paul Hobby and Greg Armstrong to lead Dallas Fed's Houston Branch board

For immediate release: February 11, 2013

DALLAS—The board of directors of the Federal Reserve Bank of Dallas’ Houston Branch has reelected Paul Hobby as chairman and Greg Armstrong as chairman pro tem for 2013. Both are of Houston.

Hobby is founding partner of Genesis Park, a Houston-based private equity firm. He joined the board in 2009 and served as chairman in 2011.

Armstrong is chairman and CEO of Plains All American. He joined the board in 2011.

The Houston Branch board consists of seven members, four appointed by the Dallas Fed board and three by the Federal Reserve System 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
Federal Reserve Bank of Dallas
Phone: 214-922-5307
Email: James.Hoard@dal.frb.org