His previous positions include faculty member of Georgetown University's Walsh School of Foreign Service and adjunct professor at John Hopkins University Nitze School of Advanced International Studies, managing partner at the private equity firm Zephyr Management, executive vice president of Heller Financial and president of Heller International Group, and variuos positions with Citicorp/Citibank.
Foster & Associates photographed Mr. Lockhart on location at the Federal Reserve Bank in Midtown. Portraits were created in the Boardroom, next to the Bank's Seal and in the Monetary Museum.