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Paychex chief executive named to regional Federal Reserve board

The Federal Reserve Bank of New York has named Paychex chief executive Jonathan J. Judge to the board of directors of its Buffalo branch.

Judge, president of the Rochester-based payroll company owned by Buffalo Sabres owner B. Thomas Golisano, will join the seven-member group of leaders representing various industries throughout Upstate New York, including banking, manufacturing, health care, agriculture, labor and energy.

Three of the seven members are appointed by the Board of Governors of the Federal Reserve System in Washington. They include HealthNow New York President and CEO Alphonso O'Neil-White and James P. Laurito, president and CEO of Rochester Gas and Electric Corp. and New York State Electric and Gas Corp. A third post is currently vacant.

The other four, including Judge, are named by the New York Fed's board. Those members are United Auto Workers Region 9 regional director Joseph J. Ashton, M&T Bank Corp. executive vice president and chief information officer Michele D. Trolli, and Kim J. Zuber, co-owner of Zuber Farms LLC.

The Buffalo branch, which used to handle check-processing for the region but has since eliminated that function locally, now focuses on community development and economic research studies.

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