2007 News Releases

For immediate release:
January 16, 2007

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

James T. Hackett and Anthony R. Chase to Head Dallas Fed Board

DALLAS—The Federal Reserve Board of Governors has appointed James T. Hackett chairman and re-appointed Anthony R. Chase deputy chairman of the Federal Reserve Bank of Dallas board of directors for 2007.

Hackett is chairman, president and CEO of Anadarko Petroleum Corp. of Houston. He was appointed to the Dallas board in 2006. He previously served on the Bank’s Houston Branch board.

Before joining Anadarko, Hackett was president and chief operating officer of Devon Energy Corp. following its merger with Ocean Energy, where he had served as chairman, president and CEO. Ocean Energy was a product of a merger in 1999 with Seagull Energy Corp., where Hackett also was chairman, president and CEO.
Additionally, Hackett is former chairman of the Domestic Petroleum Council, an executive committee member of the American Petroleum Institute and a member of the Society of Petroleum Engineers. He is a director of Temple-Inland Inc. and Fluor Corp. He also serves as a board member of Baylor College of Medicine and the National Humanities Center.

He holds a bachelor of science degree from the University of Illinois and a master of business administration degree from Harvard University.

Chase has served on the Dallas board since 2004. Previously, Chase served on the Bank’s Houston Branch board.

Chase is chairman and chief executive officer of Houston’s ChaseCom LP and Chase Radio Partners LLC, and chairman and co-founder of the Telecom Opportunity Institute. He also is a tenured associate professor of law at the University of Houston Law Center.

He has received the University of Houston's Edith Baker Faculty Award; Ernst & Young Entrepreneur of the Year Award; Businessman of the Year 2000 Award conferred by the Business and Professional Men's Club; Lamont Godwin National Achievement Award from the Rainbow Push Coalition; Outstanding Young Businessman Award from Texas Business; Williston Prize in Contract Law from Harvard Law School; and Endicott Saltonstall Award from Harvard University.

Chase earned his bachelor’s degree from Harvard University, M.B.A. from Harvard Business School and J.D. from Harvard Law School.

Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the public and three are appointed by the Federal Reserve Board of Governors. Of the three latter appointees, one is designated chairman and another deputy chairman.

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

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