Stacey M. Tevlin, an associate director of the Federal Reserve Board’s Division of Research and Statistics, will be promoted to director effective Feb. 4, the Fed announced Friday.
Tevlin succeeds David W. Wilcox, who recently retired as director of the division after 30 years of service with the Fed.
“Tevlin will oversee economic analysis, forecasting, and research related to the domestic economy and financial markets, several major economic measurement programs such as Industrial Production and the Survey of Consumer Finances, and research and analysis in support of the Federal Reserve’s financial stability, supervision, and regulatory activities,” according to a press release. “She will also be responsible for briefing the Federal Open Market Committee on the outlook for the U.S. economy.”
“Stacey brings many years of leadership and research experience, a keen understanding of the U.S. economy, and extensive public service at the Federal Reserve to the position of division director,” said Federal Reserve Board Chairman Jerome H. Powell in a release.
Tevlin joined the Board in 1995.