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Glenn H. Hutchins steps down from New York Fed Board of Directors NEW YORK, NY (January 11, 2021) The Federal Reserve Bank of New York today announced that Glenn H. Hutchins, has stepped down from its Board of Directors effective January 8, 2021. Mr. Hutchins is chairman of North Island, co-founder of Silver Lake, and co-chairman of the Brookings Institution and CARE. Mr. Hutchins joined the Board in September 2011 as a Class B director. He served as chair of the Board’s Audit and Risk Committee for nine years, and also served as co-chair of the Board’s search committee for the Bank’s president and CEO, John C. Williams. ....