S.F. Federal Reserve Chief Joins Janus Capital Board

Janus Capital Group said on Monday that it had named Robert Parry to its board of directors, effective March 18.

Parry, 65, retired last summer from his 18-year-old position as president and CEO of the San Francisco Federal Reserve--the longest tenure of any Fed chief.

Between 1970 and 1986, Parry worked at Security Pacific National Bank, first as vice president and later as executive vice president and chief economist of the bank and its parent company, Security Pacific Corp.

Prior to joining Security Pacific, he was a research economist for five years with the Federal Reserve's Board of Governors in Washington.

Parry's appointment will bring the number of directors on Janus' board up to 11. He will serve on the audit committee.

"Bob's a seasoned leader who brings our board a wealth of economic and financial expertise that will be invaluable as Janus moves forward," said Janus chairman and CEO Steve Scheid.down Spitzer in the public's eye. In recent speeches and fund-raising letters, Minarik has blasted Spitzer for killing jobs in the city due to his devastating probes of the financial services industry.

For reprint and licensing requests for this article, click here.
Money Management Executive
MORE FROM FINANCIAL PLANNING