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Charles W. Scharf was appointed CEO in July 2017 and became Chairman after former CEO and chairman Gerald Hassell retired at the end of 2017. [140] [141] Hassell had been Chairman and CEO since 2011, after serving as BNY Mellon's president from 2007 to 2012 [141] and as the president of the Bank of New York from 1998 until its merger. Scharf ...
The deal favoured the executives from Mellon Asset management who obtained senior positions at the newly formed division including its CEO, Ronald O’Hanley who became BNY Mellon IM 's CEO. In contrast several senior executives from BNY Asset Management left shortly after the merger was complete.
Elliott Averett, who joined the bank in 1940, was elected president of the bank in 1968, became chief executive officer in 1973 and chairman of both the bank and the holding company in 1974. J. Carter Bacot was appointed president of the bank in 1974 and president of the holding company five years later. [12]
Last year President Joe Biden signed an executive order instructing the Secretary of Labor, Julie Su, to publish best practices for how employers should deal with AI displacing jobs. Back at BNY ...
Well Fargo has hired former BNY executive Bridget Engle as its new head of technology, according to a release seen by Reuters. Engle who will also be part of the bank's operating committee ...
Tom Renyi (born 1947) is the former chairman and chief executive officer (CEO) of the Bank of New York Company, a position he held since 1997. He is also the former executive chairman of The Bank of New York Mellon Corporation, following BNY and Mellon's merger on July 1, 2007.
BNY crossed $50 trillion in assets under custody and administration earlier this year, and is trying to expand on its reputation as a global financial infrastructure provider.
On October 17, 2016, Scharf advised his Board of Directors that he could no longer spend enough time in San Francisco "to do the job effectively." He announced that he would step down on December 1. [9] Charlie was chief executive officer of BNY from July 2017 to October 2019 and the chairman of its board from January 2018 to October 2018. [10]