The Federal Reserve Bank of Cleveland announced Wednesday that Beth M. Hammack will be its next president and chief executive officer after current president Loretta Mester retires at the end of June.

The Federal Reserve Bank of Cleveland has named Beth M. Hammack, a longtime Goldman Sachs Group Inc. executive, as its next president and CEO. Hammack, 52, will take office on Aug. 21 as the Cleveland ...

WASHINGTON — 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 effective Aug. 21.