Executive officer

Executive officer means for a Bank any of the following persons, provided that the Director may from time to time add or remove persons, positions, or functions to or from the list (individually for one or more Banks or jointly for all the Banks) by communication to the affected Banks:
(1) Executive officers about whom the Banks must publicly disclose detailed compensation information under Regulation S–K, 17 CFR part 229, issued by the Securities and Exchange Commission;
(2) Any other executive who occupies one of the following positions or is in charge of one of the following subject areas:
(i) Overall Bank operations, such as the Chief Operating Officer or an equivalent employee;
(ii) Chief Financial Officer or an equivalent employee;
(iii) Chief Administrative Officer or an equivalent employee;
(iv) Chief Risk Officer or an equivalent employee;
(v) Asset and Liability Management officer, or an equivalent employee;
(vi) Chief Accounting Officer or an equivalent employee;
(vii) General Counsel or an equivalent employee;
(viii) Strategic Planning officer or an equivalent employee;
(ix) Internal Audit officer or an equivalent employee; or
(x) Chief Information Officer or an equivalent employee; or
(3) Any other individual, without regard to title:
(i) Who is in charge of a principal business unit, division or function; or
(ii) Who reports directly to the Bank's chairman of the board of directors, vice chairman of the board of directors, president or chief operating officer.

Source

12 CFR § 1229.1


Scoping language

For purposes of this subpart:

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