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Ann B. Stern of Houston Elected to Dallas Fed Board

For immediate release: December 5, 2012

DALLAS—Ann B. Stern of Houston has been elected to the Federal Reserve Bank of Dallas board of directors by its member banks. She will serve a three-year term starting January 1, 2013.

In her role as a board member, Stern will provide input on regional economic conditions as part of the Federal Reserve's monetary policy functions.

She has served on the Dallas Fed’s Houston Branch board since 2009.

Stern is president and CEO of Houston Endowment, a private, nonprofit foundation with more than $1.5 billion in assets. Previously, she served as executive vice president of Texas Children’s Hospital.

Prior to her time at Texas Children’s, Stern was an attorney for Beck, Redden and Secrest. She also taught business law at the University of St. Thomas.

Stern is chair of the board of St. John’s School. Previously, she served on the board of directors for the Baylor International Pediatric AIDS Initiative and the U.S. Health Resources and Services Administration’s Advisory Commission on Childhood Vaccines. She is past president of the Junior League of Houston.

She holds B.A. and J.D. degrees from the University of Texas at Austin, where she graduated Phi Beta Kappa.

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 in Washington, D.C.

For more information on the Dallas Fed, visit



Media contact:
James Hoard
Federal Reserve Bank of Dallas
Phone: 214-922-5307