Silas Keehn was the seventh president of the Federal Reserve Bank of Chicago, serving from July 1, 1981, to September 1, 1994.
Keehn received a bachelor’s degree in economics from Hamilton College in Clinton, New York, and a master’s degree in business administration from the Harvard University Graduate School of Business Administration.
Keehn joined Mellon Bank in 1957. While at Mellon, he held positions of increasing responsibility in the Credit Division, the International Department, and the National Department prior to being appointed to the Bank’s Executive Office. Before he became the head of Mellon’s National Department, Keehn was responsible for the Middle Western Division, which covered an eight-state area and included the cities of Chicago, Des Moines, Detroit, Indianapolis, and Milwaukee. Keehn left Mellon Bank in 1980 as vice chairman of Mellon National Corporation and Mellon Bank when he was named as the chairman of the board of directors at Pullman, Inc. One year later, Keehn left his position at Pullman to become president of the Chicago Fed.
Keehn served on the boards of numerous civic and professional organizations. He was a charter trustee of Hamilton College, a director of the United Way of Allegheny County, chairman of the Eye and Ear Hospital of Pittsburgh, a member of the board of trustees of the University of Pittsburgh Health Center, and a member of the Association of Reserve City Bankers.
After retirement, Keehn became a director of the Chicago Board Options Exchange and the National Futures Association. He served as trustee/director of Hamilton College. Keehn was also a director of Kewaunee Scientific Corp.
Keehn died in 2016 at the age of eighty-five.
Written by the Federal Reserve Bank of Chicago. See disclaimer.