Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Italy Fines Apple €98.6 Million Over App Store Dominance 
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study 
Seatrium Reaches $475 Million Settlement With Maersk Over Offshore Wind Vessel Project 
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays 
Nike Shares Slide as Margins Fall Again Amid China Slump and Costly Turnaround 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Harris Associates Open to Revised Paramount Skydance Bid for Warner Bros Discovery 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
ATLANTA, Jan. 18, 2017 -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the election for an independent director, chairman, and vice chairman of the board of directors.
John B. Rucker
FHLBank Atlanta board members elected John B. Rucker, managing director of Stifel, Nicolaus & Company, Incorporated (Stifel) in Montgomery, Alabama, to fill the independent directorship vacancy on FHLBank Atlanta’s board of directors, effective January 1, 2017. The term will expire on December 31, 2019.
Mr. Rucker is a founding partner of Merchant Capital, L.L.C, which merged with Stifel in 2015, and has been an investment banker since 1977. Mr. Rucker manages Stifel’s affordable housing business and has a very active national practice. Mr. Rucker has been a member of Fannie Mae’s Southeast Regional Housing Advisory Council and Fannie Mae’s National Housing Impact Advisory Council. He also serves on the board of directors of the National Housing & Rehabilitation Association. Prior to his election to the Bank’s board of directors, Mr. Rucker served as Chairman of the Bank’s Affordable Housing Advisory Council.
F. Gary Garczynski, Chairman
FHLBank Atlanta board members re-elected F. Gary Garczynski, president of National Capital Land and Development, Inc., in Woodbridge, Virginia, to a two-year term as chairman of FHLBank Atlanta’s board of directors. Mr. Garczynski served as chairman of the National Housing Endowment from 2004 to 2010 and continues to serve on its executive committee. He previously served as the 2002 president of the National Association of Home Builders (NAHB). Mr. Garczynski serves as a Senior Life Director of NAHB, a Life Director of the Home Builders Association of Virginia, and a Senior Life Director of the Northern Virginia Building Industry Association. He also is a member of the Prince William County, Virginia, Affordable Housing Task Force and a three-term appointee to the Virginia Housing Commission. Additionally, Mr. Garczynski serves a gubernatorial appointment through 2018 to the Commonwealth Transportation Board and currently serves as vice chairman.
Mr. Garczynski has been a director of FHLBank Atlanta since 2007. During his tenure, Mr. Garczynski has served as chair of the Governance and Compensation Committee, and as a member of the Enterprise Risk and Operations, Executive, Finance, and Housing and Community Investment Committees of the board. He also led the Housing Finance Reform Task Force. He has served as chairman of the board since 2015.
Richard A. Whaley, Vice Chairman
FHLBank Atlanta board members re-elected Richard A. Whaley, president, chief executive officer, and director of Citizens Bank of Americus in Americus, Georgia, to a two-year term as vice chairman of FHLBank Atlanta’s board of directors. From 1989 to 2001, Mr. Whaley served as market manager and commercial lender for Wachovia Bank.
Mr. Whaley served as chairman of the Georgia Bankers Association from October 2010 to June 2012 and as chairman of the South Georgia Technical College Foundation from 2008 to 2010. He has also served as a director of the Georgia Bankers Association Insurance Trust, Inc., since June 2013 and is a veteran of the U.S. Army.
Mr. Whaley has been a director of FHLBank Atlanta since 2013. During his tenure on the board, Mr. Whaley has served as chair of the Credit and Member Services Committee, and as a member of the Executive, Finance, and Housing and Community Investment Committees of the board. He has served as vice chairman since 2015.
About FHLBank Atlanta
FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank’s members—its shareholders and customers—are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies headquartered in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $5 billion in Affordable Housing Program funds, assisting more than 791,000 households.
CONTACT: Sharon Cook Federal Home Loan Bank of Atlanta [email protected] 404.888.8173
