The Federal Reserve of San Francisco named a new chairman and made three other appointments to the board of its Los Angeles Branch, including Panda Express co-founder Peggy Tsiang Cherng.
James Hughes, the chief executive of Tempe, Ariz. solar energy company First Solar Inc., was named branch chairman. He was also reappointed to the unexpired portion of a term ending Dec. 31, 2016.
Ilyanne Morden Kichaven, the executive director of the Los Angeles Local branch of actors union SAG-AFTRA, and Robert Gleason, chief executive of Evans Hotels in San Diego, were also appointed to board positions. Morden Kichaven’s term expires at the end of the year, while Gleason’s expires at the end of 2017. Cherng, who runs Panda Restaurant Group in Rosemead alongside her husband, Andrew, was reappointed to a term ending in 2016.
The remaining board members include Gina Marie Lindsey, executive director of Los Angeles World Airports, John Molina, chief financial officer of Molina Healthcare Inc. in Long Beach, and David Rainer, chief executive of Encino’s California United Bank.