{"id":12669,"date":"2026-05-28T21:00:00","date_gmt":"2026-05-28T19:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=73af0e8456ae5c659b2fdd94967b2ee0"},"modified":"2026-05-28T21:00:00","modified_gmt":"2026-05-28T19:00:00","slug":"federal-reserve-financial-services-chief-payments-executive-mark-gould-to-retire","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=12669","title":{"rendered":"Federal Reserve Financial Services Chief Payments Executive Mark Gould to Retire"},"content":{"rendered":"<p>CHICAGO--(BUSINESS WIRE)--Federal Reserve Financial Services (FRFS) today announced the upcoming retirement of Mark Gould, Chief Payments Executive, culminating a distinguished career spanning more than three decades of leadership, thoughtful stewardship, and service to the nation\u2019s payments system.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260528856475\/en\/1273952\/4\/FRFS_logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260528856475\/en\/1273952\/22\/FRFS_logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260528856475\/en\/1273952\/4\/FRFS_logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260528856475\/en\/1273952\/21\/FRFS_logo.jpg\" \/><\/a><p>\nGould currently oversees the Federal Reserve\u2019s full portfolio of financial services, including cash, retail, wholesale, securities, and instant payment offerings across the United States. He has championed a forward-looking vision, reshaping how financial institutions, businesses, and consumers move money in an increasingly digital economy.<\/p><p>\n\u201cLooking back on my 35-year career at the Federal Reserve, it\u2019s clear why so many people devote their life\u2019s work to the Fed\u2019s mission,\u201d said Gould. \u201cBeing part of FRFS as we\u2019ve modernized services, expanded instant payments, and strengthened the backbone of the U.S. payments system has been the most rewarding experience of my career. The work ahead is important, and I\u2019m confident the team is exceptionally prepared to guide the industry through its next wave of innovation and resilience.\u201d<\/p><p>\nIn March 2021, Gould became the first Chief Payments Executive, guiding the Federal Reserve\u2019s payments evolution during a period of rapid industry change, including the launch and expansion of instant payments capabilities. Throughout his tenure, he provided steady, strategic leadership across Federal Reserve initiatives aimed at strengthening the resilience, efficiency, and modernization of U.S. payment systems.<\/p><p>\n\u201cMark\u2019s impact on the Federal Reserve System and on the nation\u2019s payments infrastructure has been profound,\u201d said Tom Barkin, president, Federal Reserve Bank of Richmond and chair of the Fed\u2019s Payments Committee. \u201cHis leadership, foresight, and ability to bring people together across disciplines have helped shape a stronger, more innovative, and more resilient payments ecosystem. We are deeply grateful for his service and wish him the very best in his well\u2011deserved retirement.\u201d<\/p><p>\nGould will remain in his role while the search for his successor is underway and will remain at the Fed through the end of the year to ensure a smooth and thoughtful transition. More information about the national search for his successor will be announced in the coming months.<\/p><p>\n<b>About FRFS<\/b><\/p><p>\nFRFS provides payment services and seeks to foster the stability, integrity and efficiency of the nation\u2019s monetary, financial and payment systems. It offers a comprehensive suite of payment and information services to financial institutions. Visit FRBservices.org<sup>\u00ae<\/sup> for additional information.<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<b>Media Contact<\/b><br\/>Liz Miklya (Federal Reserve System) <a  href=\"mailto:liz.miklya@chi.frb.org\" rel=\"nofollow\" shape=\"rect\">liz.miklya@chi.frb.org<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>CHICAGO&#8211;(BUSINESS WIRE)&#8211;Federal Reserve Financial Services (FRFS) today announced the upcoming retirement of Mark Gould, Chief Payments Executive, culminating a distinguished career spanning more than three decades of leadership, thoughtful stewardsh&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12669","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12669"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12669\/revisions"}],"predecessor-version":[{"id":12670,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12669\/revisions\/12670"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}