Renard U. Johnson of El Paso has been re-elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve a three-year term ending December 31, 2024. He has served on the Dallas Fed’s board since 2020 and previously served on the bank’s El Paso branch board from 2012 to 2018. In his role as a Dallas Fed board member, Johnson provides input on regional economic conditions as part of the Federal Reserve’s monetary policy functions.
Johnson is founder of METI Inc., a professional services company that provides systems engineering and information technology support to federal and commercial customers. Prior to founding METI in 1994, he was part of the senior leadership team of a privately held firm before it was acquired by a public corporation.
Johnson holds a BBA degree from the University of Texas–El Paso. He is vice chairman of the board for the Hospitals of Providence/Transmountain campus and former board chairman of the El Paso Hispanic Chamber of Commerce. He was also the previous board chairman and president of the Texas Lyceum. He continues to serve on the boards of many other civic and community organizations.
Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the public and three are appointed by the Federal Reserve Board of Governors in Washington, D.C.