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Marcus Watts Re-Appointed to Dallas Fed’s Houston Branch Board

For Immediate Release: Jan. 20, 2017

DALLAS—The Federal Reserve Board of Governors has re-appointed Marcus A. Watts to the Federal Reserve Bank of Dallas’ Houston Branch board of directors for a three-year term ending Dec. 31, 2019.

He joined the Houston Branch board in 2014.

As a board member, Watts provides input into regional economic conditions as part of the Federal Reserve’s monetary policy functions.

Watts is president of Houston-based The Friedkin Group, Inc., an umbrella company that oversees primarily automotive-related business interests, including Gulf States Toyota, Inc.

He currently serves on the boards of Service Corporation International, Highland Resources, Inc. and is vice chair of the Greater Houston Partnership.  He also serves as board chair of United Way of Greater Houston and is on the executive committee of the Houston Ballet. He has previously served as board chair of the Salvation Army of Greater Houston and Society for the Performing Arts.

Watts earned a bachelor’s degree in mechanical engineering from Texas A&M University and a law degree from Harvard University.

The Houston Branch board consists of seven members, four appointed by the Dallas Fed 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
Federal Reserve Bank of Dallas
Phone: (214) 922-5307
E-mail: james.hoard@dal.frb.org