Bethm Hammack News Today

From Google investing $2 billion in Malaysia for its first data center and cloud efforts to Tesla disputing Glass Lewiss advice against Musks $56 billion pay package, heres a look at recent business developments around the world.

The central bank district announced Wednesday that Beth M. Hammack, 52, will take over when Loretta Mester steps down June 30.

Beth Hammack, who stepped down as the bank's co-head of global finance earlier this year, will take the helm as President of the Federal Reserve Bank of Cleveland later this summer following the retirement of longtime President Loretta Mester.

By Bryan Mena and Elisabeth Buchwald, CNN

Meet Beth Hammack, the incoming President & CEO of the Federal Reserve Bank of Cleveland. With 30+ years in finance, including roles at Goldman Sachs.

The Cleveland branch of the Federal Reserve said Wednesday that Beth Hammack, a former executive at investment bank Goldman Sachs, would be its next president.

Beth M. Hammack will assume the role of president and chief executive officer of the Federal Reserve Bank of Cleveland. With over thirty years of experience in finance and risk management, Hammack will represent the Fourth Federal Reserve District on the Federal Open Market Committee and oversee the Cleveland Fed’s 1,100 employees. With a background encompassing various facets of finance, including stints at the U.S. Department of the Treasury and the financial industry, Hammack brings a ...