Cleveland Fed Names Johnson General Counsel

CLEVELAND – The Federal Reserve Bank of Cleveland has named Ronald V. Johnson Jr. senior vice president and general counsel effective Oct. 2.

Johnson will succeed William Fosnight, who will retire after 37 years with the Cleveland Fed.

Johnson previously served as chief ethics officer at KeyBank National Association, which he joined in 1999 after beginning his career in payments operations at the Cleveland Fed. In his 25-year career with KeyBank, Johnson served in multiple senior leadership roles. Johnson earned a law degree from the University of Akron, an MBA from Baldwin-Wallace College, and a BBA with a concentration in finance from Cleveland State University.

As general counsel, Johnson will be responsible for overseeing the Cleveland Fed’s legal department, the office of corporate secretary, and for providing corporate legal counsel and advice to the bank.

Fosnight joined the Cleveland Fed as an attorney in 1986 after serving as counsel to supervision at the Federal Home Loan Bank of Cincinnati. He was named senior attorney in 1989. He was promoted to assistant vice president and assistant general counsel in 1994, to vice president and associate general counsel in 2001, and to his current position in 2011.

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