By Jamila Trindle

Of Dow Jones NEWSWIRES

WASHINGTON -(Dow Jones)- The Federal Reserve said Friday that Sharon Mowry will be the Fed's new chief information officer and director of the Information Technology division.

Mowry started at the Fed in 1987 as a financial-reports analyst in the division before being appointed assistant director of the division in 2000 and then deputy director in 2007, the Fed said in the release.

Mowry is a graduate of the Stonier Graduate School of Banking and the University of Pittsburgh, according to the release.

Maureen Hannan, Mowry's predecessor, will be retiring after 34 years, the Fed said.

-By Jamila Trindle, Dow Jones Newswires; 202-862-6684; jamila.trindle@dowjones.com