Thomas M. Hoenig Steps Down As US Federal Deposit Insurance Corporation Vice Chairman

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Shearman & Sterling LLP

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On April 27, 2018, Thomas M. Hoenig announced that, effective April 30, 2018, he was stepping down as Vice Chairman and Member of the Board of Directors of the U.S. Federal Deposit Insurance Corporation.
United States Strategy
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On April 27, 2018, Thomas M. Hoenig announced that, effective April 30, 2018, he was stepping down as Vice Chairman and Member of the Board of Directors of the U.S. Federal Deposit Insurance Corporation. Mr. Hoenig served a full six-year term at the FDIC, since joining in April of 2012. Prior to his service with the FDIC, Mr. Hoenig served as President of the Federal Reserve Bank of Kansas City, and was a member of the Federal Open Market Committee.

The full text of the FDIC press release is available at: https://www.fdic.gov/news/news/press/2018/pr18027.html.

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