Edward G. Boehne, Ph.D. (BS '62, MBA '63, MA '67, PhD '68)
Academy of Alumni Fellows 1982
Ed Boehne (rhymes with rainy) is the former President and CEO of the Federal Reserve Bank of Philadelphia. As chief executive officer, he was in charge of the Bank's many responsibilities that ranged from providing paper and electronic payment services to depository institutions, acting as banker for the U. S. Treasury, and supervising bank holding companies in much of Pennsylvania, New Jersey, and Delaware. He also was active in determining the nation's monetary policy through membership on the Federal Open Market Committee.
Ed joined the Philadelphia Federal Reserve in 1968 and subsequently was promoted to Vice President, Senior Vice President, and President from 1981 to 2000. He is a graduate of Indiana University in Bloomington, Indiana, where he also received an MBA and a Ph.D. in economics.
Ed is active in community affairs. He has served as Chairman of the Board of Managers of Pennsylvania Hospital, Chairman of the Board of the University City Science Center, a director of the Urban League of Philadelphia, a partner in the Urban Affairs Partnership, a director of the United Way and the Union League, as well as a trustee of the Baldwin School and Thomas Jefferson University.
Since retiring from the Fed, he has joined several corporate boards of directors, including Rittenhouse Trust Company, Toll Brothers, AAA Mid-Atlantic, Beneficial Savings Bank, and Penn Mutual Life Insurance Company.