2007 News Releases

For immediate release: December 19, 2007

Foshee Reappointed to Dallas Fed's Houston Branch Board

DALLAS—The Federal Reserve Board of Governors has reappointed Douglas L. Foshee to the board of directors of the Federal Reserve Bank of Dallas' Houston Branch for a three-year term beginning January 1, 2008.

He was first appointed in January 2006.

Foshee is president, CEO and director of El Paso Corp. He serves on the boards of Small Steps Nurturing Center, Children's Museum of Houston, Goodwill Industries of Houston and Texas Business Hall of Fame Foundation. He also serves on the boards of Central Houston and Greater Houston Partnership.

He also is a member of the Rice University Board of Trustees, Independent Petroleum Association of America and Houston Producers' Forum.

Foshee is a recipient of the 2007 Ellis Island Medal of Honor.

Foshee holds a B.B.A. from Texas State University and an M.B.A. from Rice University. He is a graduate of Southern Methodist University's SW Graduate School of Banking.

The Houston Branch board of directors consists of seven members, four appointed by the Dallas Fed board and three by the Federal Reserve Board of Governors in Washington, D.C.

For more information on the Dallas Fed, visit www.dallasfed.org.

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Media contact:
James Hoard
Phone: (214) 922-5307
e-mail: james.hoard@dal.frb.org