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Tom Falk of Dallas appointed chair of Dallas Fed board; Claudia Aguirre of Houston appointed deputy chair

January 5, 2022

DALLAS—The Federal Reserve Board of Governors has appointed Thomas J. Falk of Dallas as chair and Claudia Aguirre of Houston as deputy chair of the Federal Reserve Bank of Dallas board of directors for 2022.

Falk joined the Dallas Fed board in 2019 and served as deputy chair in 2021.

A 36-year veteran of Kimberly-Clark Corporation, he is retired chairman and CEO of the Irving-based company.

He serves on the board of Lockheed Martin, University of Wisconsin Chancellor’s Advisory Board and as a National Governor of the Boys and Girls Clubs of America.

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

Aguirre joined the Dallas Fed board in 2019.

She is president and CEO of BakerRipley, a community-development nonprofit with 67 locations across the Houston region.

She has served 30 years in the government, education and non-profit sectors, directing large-scale, community-engagement initiatives. She is known for her expertise in child development, community engagement and immigration policy.

She earned a master’s degree in education and bachelor’s degree in political science. She also holds an education executive certification from Harvard University.

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


Media contact:
James Hoard
Federal Reserve Bank of Dallas
Phone: (214) 922-5307