Kansas City Fed announces director election results and appointments

KANSAS CITY, MISSOURI - The Federal Reserve Bank of Kansas City announces the following director election results and appointments to fill seats on its headquarters office and Branch boards of directors. All appointments are effective Jan. 1, 2026.

Kansas City Board of Directors

At the Kansas City headquarters office, John J. Coyne III, chairman, chief executive officer and president, Big Horn Federal Savings Bank, Greybull, Wyo., was elected to a three-year term by Group 3 banks as a Class A director, representing commercial banks that are members of the Federal Reserve System. Coyne previously served on the Denver Branch board of directors from 2023-2024 and has served on the Kansas City Board of Directors since 2025.

Navin Dimond, founder and chairman, Stonebridge Companies, Denver, Colo., was elected to serve a three-year term by Group 3 banks as a Class B director, representing the public. Dimond has served on the Denver Branch board of directors since 2020.

Susan Chapman Plumb, board chair and chief executive officer, Local Bank, Hulbert, Okla., was elected to serve the unexpired portion of a three-year term by Group 2 banks as a Class A director, representing commercial banks that are members of the Federal Reserve System. Chapman Plumb previously served on the Oklahoma City Branch board of directors from 2017-2022 and has served on the Kansas City board of directors since 2024.

The Board of Governors of the Federal Reserve System appointed David A. Campbell, chairman, president and chief executive officer, Evergy Inc., Kansas City, Mo., to serve a three-year term as a Class C director, representing the public.

In addition, the Board of Governors of the Federal Reserve System designated Jandel Allen-Davis, president and chief executive officer, Craig Hospital, Englewood, Colo., as the Kansas City Fed Board of Directors chair for 2026.

The Board of Governors of the Federal Reserve System also designated Paul Maass, chief executive officer, Scoular, Omaha, Neb., as deputy chair for 2026.

Members of the Federal Reserve Bank of Kansas City’s head office board of directors represent the Tenth Federal Reserve District which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri.

The Kansas City board consists of three directors who are elected by and represent commercial banks that are members of the Federal Reserve System, three who represent the public and are elected by member banks, and three who represent the public and are appointed by the Board of Governors of the Federal Reserve System in Washington. The authority of a Reserve Bank’s board of directors is established by the Federal Reserve Act, which provides that the work of each Reserve Bank “shall be conducted under the supervision and control of a board of directors” and that directors “shall perform the duties usually appertaining to the office of directors of banking associations and all such duties as are prescribed by law.” Directors meet throughout the year to confer on developments in their industries and the economy and to oversee the Bank’s operations and policies. The directors also are responsible for establishing the Bank’s discount rate, subject to review and determination by the Federal Reserve Board of Governors.

Branch Boards of Directors

Each branch office board comprises seven directors, four of whom are appointed by the Kansas City Board of Directors. The remaining three are appointed by the Board of Governors of the Federal Reserve System. Branch directors meet to confer on economic and financial developments and business conditions. The following appointments were made to the branch boards of directors, effective Jan. 1, 2026.

At the Denver Branch:

• G. Timothy Laney, founder, chairman and chief executive officer, National Bank Holdings Corporation, Greenwood Village, Colo., was reappointed to serve a three-year term by the Federal Reserve Bank of Kansas City’s head office board of directors.
• Katie Powell, president, Munro Companies Inc., Grand Junction, Colo., was appointed to serve the unexpired portion of a three-year term by the Board of Governors of the Federal Reserve System.

In addition, Del Esparza, chief executive officer, Esparza Digital + Advertising, Albuquerque, N.M., was reappointed by the Board of Governors of the Federal Reserve System to serve a three-year term and was redesignated by the Federal Reserve Bank of Kansas City’s head office Board of Directors as Denver Branch board chair for 2026. Denver Branch directors represent Colorado, Wyoming and northern New Mexico.

At the Oklahoma City Branch:

• Mark Burrage, chief executive officer, FirstBank, Atoka, Okla., was reappointed to serve a three-year term by the Federal Reserve Bank of Kansas City’s head office board of directors.
• Terry Salmon, president, CSD, Oklahoma City, Okla., was reappointed to serve a three-year term by the Federal Reserve Bank of Kansas City’s head office board of directors.
• Rebecca Thompson, chief financial officer, treasurer, and vice president of finance, AAON, Inc., Tulsa, Okla., was reappointed to serve a three-year term by the Board of Governors of the Federal Reserve System.

In addition, Rhonda Hooper, president and chief executive officer, Jordan Advertising, Oklahoma City, Okla., was redesignated by the Federal Reserve Bank of Kansas City’s head office Board of Directors as Oklahoma City Branch board chair for 2026. Oklahoma City Branch directors represent the state of Oklahoma.

At the Omaha Branch:

• Clark Lauritzen, chairman and president, First National Bank of Omaha, Omaha, Neb., was reappointed to serve a three-year term by the Federal Reserve Bank of Kansas City’s head office board of directors.
• Diane Stinton, chief executive officer, TMCO, Lincoln, Neb., was appointed to serve a three-year term by the Board of Governors of the Federal Reserve System.

In addition, Joanne Li, chancellor, University of Nebraska at Omaha, Omaha, Neb., was designated by the Federal Reserve Bank of Kansas City’s head office Board of Directors as Omaha Branch board chair for 2026. Omaha Branch directors represent the state of Nebraska.

More information on the role and structure of the Bank’s board of directors is available on the External LinkKansas City Fed’s website.