Anthony Chase Appointed To Dallas Fed Board

Anthony Chase Appointed To Dallas Fed Board

A black businessman in Houston has been named to the board of directors of the Federal Reserve Bank of Dallas. Anthony R. Chase, chairman and CEO of ChaseCom L.P. (No. 97 on the BE INDUSTRIAL SERVICE 100 list), will serve a three-year term through December 2006. Chase previously served on the board of the Fed’s Houston branch, taking over the seat vacated by former Enron CEO Jeffrey Skilling. In 1999, the Harvard M.B.A. and law school graduate secured financial backing from SBC Communications to launch ChaseCom, which provides corporate customer service call centers with multilingual workers. A year later, he created Chase Radio Partners and purchased 11 radio stations from San Antonio-based Clear Channel. He has since sold nine of those stations back to Clear Channel for more than $21 million. Each Federal Reserve Bank has a nine-member board of directors: three represent commercial banks, three represent the public, and three are appointed by the board of governors in Washington, D.C.

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