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

DALLAS—The Federal Reserve Board of Governors has reappointed 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 2024.

Falk joined the Dallas Fed board in 2019 and served as chair in 2022 and 2023.

He is retired chairman and CEO of the Irving-based Kimberly-Clark Corporation.

Falk 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.

He and his wife Karen in 2023 received the United Way of Metropolitan Dallas’ J. Erik Jonsson Award, the organization’s highest honor for volunteer service.

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

Aguirre joined the Dallas Fed board in 2019 and served as deputy chair in 2022 and 2023.

She is president and CEO of BakerRipley, a community development nonprofit with 50 locations across the Texas region.

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

She served under two Houston mayors and led the design and development of public charter schools, including one of the first alternative schools for at-risk students.

Aguirre has been widely featured in articles produced by the Center for American Progress, The New York Times, The Wall Street Journal, Urban Institute and Houston Chronicle. She was named among the “2020 Most Admired CEOs” by the Houston Business Journal.

Aguirre serves on the boards of the Alliance for Strong Families and Communities and Greater Houston Partnership.

She earned a master’s degree in education from the University of Houston and a bachelor’s degree in political science from St. Edward’s University. She also holds an education administrator 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