Read about Susan M. Collins net worth, age, husband, children, height, family, parents, salary, and Federal Reserve Bank of Boston as well as other information you need to know.
Introduction
Susan M. Collins is an American economist who has served as the 14th president and CEO of the Federal Reserve Bank of Boston since July 1, 2022. She is the first African American woman and first woman of color to lead any of the 12 regional Federal Reserve Banks. Collins previously served as provost and executive vice president for academic affairs at the University of Michigan.
Early life
| Name | Susan M. Collins |
| Net Worth | $3 million |
| Occupation | Economist |
| Age | 63 years |
| Height | 1.68m |
Susan M. Collins was 1959 (age 63 years) in Scotland, United Kingdom. She is a naturalized U.S. citizen of Jamaican descent and was raised in New York City. She graduated summa cum laude from Harvard University with a bachelor’s in economics in 1980 and earned her Ph.D. in economics from the Massachusetts Institute of Technology (MIT) in 1984.
Career
Susan M. Collins has held various teaching positions at Harvard, Georgetown University and the University of Michigan. She also served on the President’s Council of Economic Advisers from 1989 to 1990 and was a visiting scholar at the International Monetary Fund in 2001. She was a senior fellow in the Economic Studies program at the Brookings Institution from 2007 to 2017 and became a nonresident senior fellow after her move to Michigan.
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Collins served on the Federal Reserve Bank of Chicago board of directors from 2013 to 2022. Susan M. Collins is the Edward M. Gramlich Professor of Public Policy and a professor of economics at the University of Michigan, where she also served as dean of the Gerald R. Ford School of Public Policy from 2007 to 2017.
She retains the designation of a professor at the university, on unpaid leave. In January 2020, Collins was appointed provost and executive vice president for academic affairs at the University of Michigan. As she stepped down as provost in June 2022, Michigan’s Board of Regents awarded her a Regents’ Citation of Honor for her dedication and service to the university.
Susan M. Collins was involved in the controversy surrounding the University of Michigan’s reopening during the COVID-19 pandemic. On September 8, 2020, the university’s graduate student employees went on strike because of concerns related to the university’s pandemic response. As the university’s chief academic officer, Collins was involved in negotiations with the graduate students while also urging students not to disrupt campus operations and claiming that the strike was illegal because it was not directly related to “wages, hours, or working conditions.”
The students disagreed, claiming that the strike directly related to the university’s failure to provide a safe working environment which was required by the contract it agreed to only months prior. In a publicly broadcast question and answer session on September 15, 2020, Collins said of the administration’s pandemic response: “We have not done nearly as well as we needed to.”
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In February 2022, Susan M. Collins was selected to serve as president and CEO of the Federal Reserve Bank of Boston, becoming the first woman of color to lead any of the 12 regional Reserve Banks. She took office on July 1, 2022.
Susan M. Collins net worth
How much is Susan M. Collins worth? Susan M. Collins net worth is estimated at around $3 million. Her main source of income is from her primary work as an economist. Susan M. Collins’s salary per month and other career earnings are over $400,000 dollars annually. Her remarkable achievements have earned her some luxurious lifestyles and some fancy car trips. She is one of the richest and most influential female economists in the United States. Collins stands at an appealing height of 1.68m and has a good body weight which suits her personality.