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In 2008, BNY Mellon formed a Board of Directors corporate social responsibility committee to set sustainability goals. [156] [157] The company's corporate social responsibility activities include philanthropy, social finance in the communities the bank is located in, and protecting financial markets globally. [158]
He was involved in the formation and operation of the bank's Communications, Entertainment & Publishing Division, and had responsibility for strategic planning and administrative services. Prior to his appointment as president and director in 1998, during which he replaced Tom Renyi who went on to become CEO of the bank, Hassell was a senior ...
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]
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.
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.
The $16.5 billion deal ($24.9 billion today) was announced in December 2006 and finalized on July 1, 2007, with Kelly as the chief executive officer (CEO) of the new company, and Renyi as executive chairman. [5] [6] Per the deal, the new Board of Directors is composed of ten directors appointed by the Bank of New York, and eight by Mellon. [7]
Contributing to that growth, BNY yesterday announced it would custody Washington D.C.-based Wisdom Tree’s $80 billion worth of U.S. listed ETFs, including one of the first U.S. bitcoin ETFs. The ...
Directors' duties are a series of statutory, common law and equitable obligations owed primarily by members of the board of directors to the corporation that employs them. It is a central part of corporate law and corporate governance. Directors' duties are analogous to duties owed by trustees to beneficiaries, and by agents to principals.