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Douglas W. Shorenstein was designated deputy chairman and also reappointed as a class C director for a three-year term. They begin their service as chairman and deputy chairman on January 1.
Since 2008, Rogers has been chairman of Levi Strauss & Co., a company founded and headquartered in San Francisco since 1853. He is the immediate past chairman and CEO of Dreyer's Grand Ice Cream, Inc., a company he purchased in 1977 with partner William F. Cronk and a financial investor. Rogers also sits on the boards of the Shorenstein Properties LLC, Stanislaus Food Products, and the UCSF Foundation. He is a member and former chairman of the Bay Area Council, chairman of the Oakland Chief Executive Officers Council, and a member of the U.S. Rowing Association High Performance Committee. Rogers joined the San Francisco Fed's board of directors in 2005 and served as deputy chair from 2006-2008.
Shorenstein is chairman and CEO of Shorenstein Properties LLC, one of the country's oldest real estate organizations active nationally in the ownership and operation of office properties. He joined the family business in 1983 and became chairman and CEO in 1995. Among Shorenstein's civic and philanthropic causes, his current nonprofit board activities include: The Joan Shorenstein Center on Press, Politics and Public Policy at Harvard's Kennedy School of Government; The University of California, San Francisco, Executive Council; The Real Estate Round Table; Aim High; and Environmental Defense Fund. Prior to joining Shorenstein Properties, Shorenstein worked for three years as a real estate attorney with the law firm of Shearman & Sterling LLP in New York in its Real Estate Group. Shorenstein joined the San Francisco Fed's board of directors in 2007.
The Federal Reserve Bank of San Francisco, with branch offices in Los Angeles, Seattle, Salt Lake City, and Portland, and a cash processing office in Phoenix, provides wholesale banking services to financial institutions throughout the nine western states. As the nation's central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers consumer protection laws, and is fiscal agent for the U.S. government.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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