Seventh District Advisory Council

The purpose of the Council is to promote communication between the Chicago Fed and representatives from business, agriculture and labor sectors in the Seventh Federal Reserve District, which includes most of Illinois, Indiana, Michigan and Wisconsin, and the entire State of Iowa.

Meetings

The Council members serve a three-year term and meet twice a year to provide their views on current business conditions to Chicago Fed President Charles Evans and other senior officials of the Bank. Input from Council members on regional economic conditions helps contribute to the Federal Reserve System's formulation of national monetary policy.

Advisory Council members are nominated by individuals and organizations representing a broad cross-section of the Midwest economy. The half-day Council meetings are moderated by President Evans and other Chicago Fed officials.

Council Members

Illinois
Michael T. Carrigan
President
AFL-CIO of Illinois
Springfield, IL

Dennis Gannon
President
Chicago Federation of Labor, AFL-CIO
Chicago, IL

John L. Howard
Senior V.P. & General Counsel
W.W. Grainger, Inc.
Lake Forest, IL

G. Curtis Lansbery
President
North American Tool Corp.
South Beloit, IL

Siva Yam
President
U.S.A.-China Chamber of Commerce (USCCC)
Chicago, IL

Indiana
John D. Hardin, Jr.
Owner
Hardin Farms
Danville, IN

David Terrell
Executive Director
Indiana Office of Community and Rural Affairs
Indianapolis, IN

Ken Zeller*
President
Indiana State AFL-CIO
Indianapolis, IN

*Term ends in 2009.

Iowa
Joe Crookham*
President & Principal Owner
Musco Corporation and Mahaska Communication Group
Oskaloosa, IA

Jack B. Evans
President
The Hall-Perrine Foundation
Cedar Rapids, IA

Joseph R. Massa
General Manager
Riverside Casino and Golf Resort
Riverside, IA

*Term ends in 2009.

Michigan
Jeffrey D. Armstrong
Dean and Professor of College of Agriculture and Natural Resources
Michigan State University
East Lansing, MI

Cathy McClelland
President & CEO
Detroit Entrepreneurship Institute, Inc.
Detroit, MI

Clarence Nixon, Jr.
President & CEO
CNC Group, LLC
Detroit, MI

Donald Snider
CEO & Owner
Paper - Plas Corporation
Detroit, MI

Wisconsin
William P. Beckett
President & CEO
Chrysalis Packaging & Assembly Corporation (CHRYSPAC)
Milwaukee, WI

David Newby
President
Wisconsin State AFL-CIO
Milwaukee, WI

Gary Sipiorski
President & CEO
Citizens State Bank of Loyal
Loyal, WI