Loretta J. Mester Net Worth

Loretta J. Mester

Read about Loretta J. Mester net worth, salary, age, height, family, parents, political party, Federal Reserve Bank and as well as other information you need to know.

Introduction

Loretta J. Mester is president and CEO of the Federal Reserve Bank of Cleveland. She is also a member of the American Economic Association, the American Finance Association, the Econometric Society and the Financial Management Association International.

Bio

NameLoretta J. Mester
Net Worth$8 million
OccupationCEO
Age63 years
Height1.71m
Loretta J. Mester net worth

Loretta J. Mester was born on October 24, 1958 (age 63 years) in Baltimore, Maryland, United States. She is the daughter of American parents. Mester has a Bachelor of Arts degree from Barnard College, Columbia University in Mathematics and Economics and a Masters and Ph.D. in Economics from Princeton University. She was also a National Science Foundation Fellow at Princeton.

Career

Loretta J. Mester worked at the Federal Reserve Bank of Philadelphia, where she was executive vice president, director of research and chief policy advisor. She began work with the Federal Reserve Bank (in Philadelphia) in 1985 as an economist, thereafter being promoted to senior vice president, director of research, and executive vice president.

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Mester became the president and CEO of the Federal Reserve Bank of Cleveland on June 1, 2014. She was the 11th president and CEO of Cleveland’s Fourth District Federal Reserve Bank. However, Mester has taught both the MBA and BA business courses at Wharton and the Ph.D. finance course at New York University.

She is an adjunct professor of finance at the Wharton School of the University of Pennsylvania and a fellow at the Wharton Financial Institutions Center. Other positions Mester holds include director of both the Greater Cleveland Partnership and of the Council for Economic Education, trustee of both the Cleveland Clinic and the Musical Arts Association (the Cleveland Orchestra).

Mester is also a founding director of the Financial Intermediation Research Society, and a member of the advisory board of the Financial Intermediation Network of European Studies (FINEST). Loretta J. Mester’s professional memberships include the American Economic Association, the American Finance Association, the Econometric Society, and the Financial Management Association International.

Loretta J. Mester has published articles in various journals on the subjects of central banking, economics, and finance. She is co-editor of the Journal of Financial Services Research and the International Journal of Central Banking. She is an associate editor of the Journal of Financial Intermediation; Journal of Money, Credit, and Banking; Journal of Economics and Business; Research in Banking and Finance; and Journal of Financial Stability.

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Mester is a director of the Greater Cleveland Partnership, a director of the Council for Economic Education, a trustee of the Cleveland Clinic, a trustee of the Musical Arts Association (Cleveland Orchestra), a founding director of the Financial Intermediation Research Society, and a member of the advisory board of the Financial Intermediation Network of European Studies (FINEST).

Loretta J. Mester net worth

How much is Loretta J. Mester worth? Loretta J. Mester’s net worth is estimated at around $8 million. Her primary source of income is from her working career as Chief Executive Officer. Loretta J. Mester’s salary per month with other career earnings is over $1 million dollars annually. She is one of the richest and most influential CEO’s in the United States. Her remarkable career achievements have earned her some luxurious lifestyles and some fancy car trips. Loretta J. Mester stands at an appealing height of 1.71m and has a good body weight which suits her personality.