The Federal Reserve Bank of New York has appointed three new members to its Second District Advisory Council. The council is made up of senior business leaders who provide the bank’s president and leadership with information about business and economic conditions in the Second District, which includes New York State, northern New Jersey, southwestern Connecticut, Puerto Rico, and the U.S. Virgin Islands, according to the official website.
The new appointees are Daniel Cunha from Avis Budget Group, Inc.; Mario Harik from XPO; and Diego Suárez, Jr. from V. Suárez & Co., Inc.
Daniel Cunha serves as chief financial officer at Avis Budget Group, a car rental company based in Parsippany, New Jersey. Before joining Avis Budget Group, he was chief financial officer at Orion Services Group and previously held similar roles at Ocean Spray and Heinz North America. He began his career at McKinsey & Company and later worked at GP Investments. Cunha holds a degree in mechanical aeronautical engineering from Brazil’s Instituto Tecnológico de Aeronáutica and an MBA from Harvard Business School.
Mario Harik is chairman and CEO of XPO, a freight transportation provider headquartered in Greenwich, Connecticut. Harik was previously XPO’s chief information officer. Earlier in his career, he served as chief information officer and senior vice president of research and development at Oakleaf Waste Management and as chief technology officer at Tallan, Inc. He earned a master’s degree in information technology engineering from Massachusetts Institute of Technology and a degree in computer and communications engineering from the American University of Beirut.
Diego Suárez, Jr. is chairman of the board & CEO of V. Suárez & Co., Inc., a food and beverage distribution company based in Puerto Rico that has been family-owned since 1943. The company employs 600 people across beverage manufacturing, brand ownership lines, and corporate finance activities. Prior to joining V. Suárez & Co., Inc., Suárez worked in sales and marketing roles with Joseph E. Seagram & Sons, F&M Schaeffer Brewing Company, Inc., and Premier Maldonado & Associates. He holds a bachelor’s degree in business administration with concentrations in management and marketing from the University of Miami.
Council members serve three-year terms. The next meeting will take place on February 23, 2026.
The Federal Reserve Bank of New York operates as part of the Federal Reserve System official website. It provides thought leadership on community economic issues official website while working to bolster the U.S economy through job creation efforts, stable prices initiatives, economic growth strategies, delivery of financial services, supervision within its district boundaries official website, monetary policy execution official website, oversight responsibilities official website, and providing expertise on economic matters official website. John C. Williams has served as president and chief executive officer since June 2018 official website.
