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Thomas Falk Appointed to Dallas Fed Board

For Immediate Release: January 16, 2019

DALLAS—The Federal Reserve Board of Governors has appointed Thomas J. Falk to the Federal Reserve Bank of Dallas board of directors. He will serve the remaining portion of a term ending Dec. 31, 2019.

As a Dallas Fed board member, he will provide input into regional and national economic conditions as part of the Federal Reserve's monetary policy functions.

Falk is executive chairman of the Kimberly-Clark Corporation board of directors. He previously served as CEO and chairman of the Irving-based company. He is a 35-year veteran of Kimberly-Clark.

Falk serves on the boards of Lockheed Martin, Global Consumer Goods Forum, Catalyst and the University of Wisconsin Foundation and as a National Governor of the Boys and Girls Clubs of America. He also chaired the United Way of Metropolitan Dallas' 2013 fundraising campaign and continues to actively advance its mission.

He received his bachelor's degree in accounting from the University of Wisconsin and a master of science in management from the Stanford Graduate School of Business.

Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the public and three are appointed by the 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