Business Insider

Oppenheimer joins Fed branch-office board

Skip Oppenheimer
Skip Oppenheimer

Arthur F. “Skip” Oppenheimer, chairman and CEO of Oppenheimer Companies Inc., Boise, has been named a director of the Salt Lake City branch of the Federal Reserve Bank of San Francisco for a three-year term that began Jan. 1.

Oppenheimer replaces Bradley J. Wiskirchen, CEO of Keynetics Inc., Boise, who is retiring from the board after having served as a director since 2011 and as chairman since 2014.

Oppenheimer Companies Inc. is a national food processing, sales, marketing and distribution organization. Oppenheimer is also president of Oppenheimer Development Corp. and chairman of several affiliated corporations. Oppenheimer Development Corp. is a commercial real estate development and property management company.

He donates time in the public-policy arena with an emphasis on economic development, health care and education. He is the founding chair of Idaho Business for Education, a group of 137 Idaho CEOs seeking to enhance education quality. He chairs the St. Luke’s Health System board and serves on the National Board of the Boy Scouts of America.

An Idaho native, Oppenheimer graduated from the University of Idaho in 1968 with a bachelor’s degree in history and from Harvard Business School in 1972 with an MBA.

Other members of the Fed’s Salt Lake City Branch board of directors are:

▪ Peter Metcalf, chairman, Salt Lake City Branch Board and CEO and founder, Black Diamond Inc., Salt Lake City.

▪ Josh England, president, C.R. England Inc., Salt Lake City.

▪ Susan Johnson, president, Futura Industries Corp., Clearfield, Utah.

▪ Park Price, chairman, Bank of Idaho, Idaho Falls.

▪ Patricia R. Richards, president and CEO, SelectHealth Inc., Murray, Utah.

▪ Albert T. Wada, chairman and CEO, Wada Farms Inc., Pingree.

The Federal Reserve Bank of San Francisco provides wholesale banking services to financial institutions in nine Western states through its head office in San Francisco, branch offices in Los Angeles, Portland, Salt Lake City, and Seattle, and a cash processing office in Phoenix. The Federal Reserve System, the nation’s central bank, formulates monetary policy, serves as a bank regulator, administers certain consumer protection laws, and is fiscal agent for the U.S. government.