BNSF Chairman Matt Rose appointed to Dallas Fed
Matt Rose, who has headed Fort Worth-based Burlington Northern Santa Fe since 2000, was appointed to a three-year term on the board of the Federal Reserve Bank of Dallas. His term starts Jan. 1. Rose is set to become BNSF's executive chairman that day as well. In a prepared release, Dallas Fed President Richard Fisher called Rose "one of the most respected businessmen in the nation. We are honored to have him serve on our board." The Dallas Fed said that as a board member, "Rose will provide input into regional and national economic conditions as part of the Federal Reserve’s monetary policy functions." Each of the nation's 12 regional Federal Reserve Banks has a a nine-member board of directors.
-- Jim Fuquay
BNSF is one of North America’s leading freight transportation companies, operating on 32,500 route miles of track in 28 states and two Canadian provinces. The company is one of the top transporters of consumer goods, grain and agricultural products, low-sulfur coal, and industrial goods such as petroleum, chemicals, housing materials, food and beverages.
Prior to his time at BNSF, Rose held several other positions for companies in the transportation industry, including vice president of Triple Crown Services, a Norfolk Southern subsidiary. He began his career as a corporate management trainee with Missouri Pacific in 1981.
He is a member of the board of directors for AT&T Inc. and the U.S. Chamber of Commerce. He is also a member of the Business Roundtable.
Rose holds a bachelor’s degree from the University of Missouri.