The Federal Reserve Board of Governors announced Dec. 19 that BNSF CEO Matthew K. Rose has been appointed to the Federal Reserve Bank of Dallas board of directors. He will serve a three-year term beginning Jan. 1, 2014.
Rose is chairman and CEO of BNSF Railway Co., headquartered in Fort Worth. He will become the company’s executive chairman effective January 1, 2014.
“Matt Rose is one of the most respected businessmen in the nation. We are honored to have him serve on our board,” said Dallas Fed president and CEO Richard W. Fisher.
As a Dallas Fed board member, Rose will provide input into regional and national economic conditions as part of the Federal Reserve’s monetary policy functions.
Rose has been CEO of BNSF since 2000 and was named chairman of the company in 2002. Previously, he served as the company’s president and COO.