Federal Reserve Bank of San Francisco

James H. Carr is senior vice president of Research for the Fannie Mae Foundation, which is the largest foundation in the country devoted to increasing the supply of homes for those who need them the most, and a visiting professor of urban planning at Columbia University. He is responsible for the Foundation's housing finance and neighborhood strategies consulting unit, its nationally and internationally recognized Office of Housing Research, and its program evaluation activities. He is also responsible for the development of technology tools to promote effective community investment. Prior to his appointment to the Foundation, Carr served as vice president for housing research at Fannie Mae, assistant director for tax policy with the U.S. Senate Budget Committee, and research associate at the Center for Urban Policy Research at Rutgers University. He serves on research or policy advisory boards at numerous colleges and universities including Harvard University, University of California-Berkeley, and University of Pennsylvania. Carr is an Advisory Committee member of the Federal Reserve Bank of San Francisco Center for Community Development Investments and serves on the Board of Directors of the American Real Estate Society. He is a also a frequent instructor for the Neighborhood Reinvestment Training Institute and a former expert advisor to the Organization for Economic Cooperation and Development Urban Affairs Project Group in Paris, France. Carr has published and lectured extensively on housing and urban policy, housing finance, community reinvestment, personal financial services, and state and local finance. He has also written and presented on issues of technological innovation and workforce diversity. Carr is widely recognized for his leadership in developing innovative financial instruments, devising strategies to promote affordable lending, encouraging inner-city development, and promoting wealth creation for lower-income households. Carr is editor of Housing Policy Debate, which received the 1996 Award of Excellence from Washington EdPress for editorial excellence. His books include Crisis and Constraint in Municipal Finance, The New Reality of Municipal Finance, and Replicating Microfinance in the United States. Carr's speeches have been awarded top honors, including the "Best of the Best" award, the "Award of Excellence", and the "Award of Merit" by the International Association of Business Communicators. He has also been published in Vital Speeches of the Day. He is an Aspen Institute Scholar and has earned numerous professional and academic honors including the Community Impact Award from the National Organization of Black County Officials, a Distinguished Service Award from Texas Southern University, the Presidential Award by the National Association of Urban Bankers, and an Outstanding Achievement Award by the Neighborhood Reinvestment Training Institute. Carr holds a Bachelor of Architecture degree with honors from Hampton University, a Master of Urban Planning degree from Columbia University, and a Master of City and Regional Planning from the University of Pennsylvania.

Patricia E. Yarrington is vice president and chief financial officer of Chevron Corporation, a position she assumed in January 2009. A native of Orange, N.J., Yarrington earned a bachelor's degree in political science in 1977 from Pomona College in Claremont, Calif., and a master's degree in business administration from the Kellogg School of Management, Northwestern University, in Evanston, Ill. Yarrington joined Chevron in 1980 and held various financial and analytical positions in the corporation and Chevron U.S.A. Inc. In 1986, she was named manager of investor relations for the corporation. She went on to hold supervisory positions of increasing responsibility in Chevron Products Co., Chevron U.S.A. Production Co., and Chevron Research and Technology Co. In 1995, she was named manager of credit card enterprises for marketing department of Chevron Products Co. In June 1997, she was named comptroller for Chevron Products Co. In March 1998, she was appointed president of Chevron Canada Ltd., a petroleum products refining and marketing company, headquartered in Vancouver, B.C. In August 2000, Yarrington was named vice president of strategic planning for Chevron, responsible for advising senior corporate executives in setting strategic direction, allocating capital, determining operating unit performance measures and targets, and significant mergers, acquisitions and divestitures. In November 2002, she was named vice president of policy, government and public affairs for Chevron. In this capacity, she oversaw U.S. and international government relations, all aspects of corporate communications, and the company's worldwide efforts in community outreach. In April 2007, she was named corporate vice president and treasurer of Chevron Corporation. In this capacity, she oversaw the company's financing strategies and cash management activities. Yarrington is on the board of directors of Chevron Phillips Chemical Co., a 50-50 joint venture with ConocoPhillips Petroleum, one of the world's top commodity chemicals producers. Yarrington currently serves on the San Francisco Federal Reserve's Board of Directors.