Regional Feds announce new chairmen

Three of the 12 regional Federal Reserves have named new chairmen for their boards of directors in 2009.

The new chairmen are:

· D. Scott Davis, chairman and chief executive officer of United Parcel Service (UPS), a delivery company, who will lead the Atlanta Fed's board;

· Lemuel E. Lewis, the president of LocalWeather.com, an online weather service, who will head the Richmond Fed's board; and

· T. Gary Rogers, the chairman of Levi Strauss & Co, a clothing company, who is to take the helm a