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Dallas Fed President Fisher to Retire in March; Heidrick & Struggles Retained to Conduct Executive Search

For immediate release: November 13, 2014

DALLAS, TEXAS — Federal Reserve Bank of Dallas President and CEO Richard W. Fisher today announced that he will retire from his position on March 19, 2015.

The Board of Directors of the Federal Reserve Bank of Dallas has retained the executive search firm of Heidrick & Struggles to conduct a search for a new president.

“We intend to consider a broad and diverse group of candidates from inside and outside of the Federal Reserve System,” said Dallas Fed Chairman Mike Ullman. 

Search-related inquiries, questions and candidate referrals should be directed to Heidrick & Struggles at frbdallas@heidrick.com.

"I’d like to thank Richard Fisher for his service,” Ullman said.  “At a recent ceremony at which Richard received the Woodrow Wilson Award for Public Service, I and others summed up his extraordinary leadership skills and accomplishments.”

“In a tribute video, Fed Chair Janet Yellen, former Dallas Fed Chairs Admiral Bob Inman, Ray Hunt and Herb Kelleher praised Richard, as did his former business partner Henry Kissinger and his close friend Randall Stephenson, CEO of AT&T. Those tributes summarize our collective gratitude for what Richard has done for the Dallas Fed, Federal Reserve System, and for Texas and our country.  Richard will be sorely missed."

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Media contact:
James Hoard
Phone: (214) 922-5307
Email: James.Hoard@dal.frb.org