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Tuesday, March 3, 2015

University President Named Head of Philly Fed

University of Delaware president Patrick Harker was named president and CEO of the Federal Reserve Bank of Philadelphia. He will replace Charles Plosser, who retired Sunday.

Harker has been a director of the Philadelphia Fed board for three years. He is a civil engineer by training and a professor of business and management; before joining the University of Delaware, he was dean of the Wharton School at the University of Pennsylvania. His appointment takes effect on July 1.

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