<Tr> <Td> Emmett J. Rice </Td> <Td> New York </Td> <Td> 000000001979 - 06 - 20 - 0000 June 20, 1979 </Td> <Td> 000000001986 - 12 - 31 - 0000 December 31, 1986 </Td> <Td> 8 </Td> <Td> </Td> </Tr> <Tr> <Td> Frederick H. Schultz </Td> <Td> Atlanta </Td> <Td> 000000001979 - 07 - 27 - 0000 July 27, 1979 </Td> <Td> 000000001982 - 02 - 11 - 0000 February 11, 1982 </Td> <Td> </Td> <Td> </Td> </Tr> <Tr> <Td> Paul A. Volcker </Td> <Td> Philadelphia </Td> <Td> 000000001979 - 08 - 06 - 0000 August 6, 1979 </Td> <Td> 000000001987 - 08 - 11 - 0000 August 11, 1987 </Td> <Td> 8 </Td> <Td> Chairman (1979--1987) </Td> </Tr> <Tr> <Td> Lyle E. Gramley </Td> <Td> Kansas City </Td> <Td> 000000001980 - 05 - 28 - 0000 May 28, 1980 </Td> <Td> 000000001985 - 09 - 01 - 0000 September 1, 1985 </Td> <Td> 5 </Td> <Td> </Td> </Tr>

How many members are on the board of governors and who appoints them