The Federal Reserve Bank of Boston has a new chairman, William C. Brainard, and deputy chairman, William O. Taylor.
Mr. Brainard is Arthur M. Okun professor of economics at Yale University. He had been elected a class C director at the Boston Fed in 1995.
Mr. Taylor is chairman and chief executive of Globe Newspaper Co., publisher of The Boston Globe. He was elected a class C director last Januaury.
James J. Norton, Edward Dugger 3d, and Edwin N. Clift were all elected as directors of the Boston Fed.
Mr. Norton, a class C director, is president of the Graphic Communications International Union. Mr. Dugger, a class B director, is president and CEO of UNC Ventures. Mr. Clift, a class A director, is president and CEO of Merrill Merchants Bank of Bangor, Maine.