Pfizer's Kindler quits the FedDecember 29, 2010: 5:07 PM ET
Former Pfizer (PFE) chief Jeffrey Kindler stepped down from the board of the Federal Reserve Bank of New York.
Kindler said in his resignation letter, dated last Thursday, that as a former CEO he no longer fills the Fed's need for "current, high level information about the business environment."
His term ends in December 2012. The Fed is expected to hold a special election to appoint someone to serve out the rest of Kindler's term early next year.