Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. Unless subsequently amended, such policy shall be that the Corporation will not hire any employee or former employee of the registered independent public accountants if such hiring would cause the registered independent public accountants to cease to be independent under applicable rules of the SEC. The Committee shall meet as frequently as is necessary to fulfill its duties and responsibilities, but not less frequently than three times per year. Please visit www.Dreyfus.com Deputy Chief Compliance Officer - Investments and Securities. We are proud of our client relationships, and we are stronger because of them. These products and services are usually sold through license agreements or subscriptions. The Committee has direct responsibility for the appointment, compensation, retention and oversight of the work of any registered independent public accountants engaged to prepare an audit report or to perform other audit, review or attest services for the Corporation, and such registered independent public accountants will report directly to the Committee. Trademarks belong to their respective owners. At all times, the Committee shall have access to the books and records of the Corporation and to such management and other personnel as it deems necessary or helpful in discharging its duties. BNY Mellon Wealth Management Jul 2018 - Present4 years 10 months Greater New York City Area President and Chief Executive Officer Commonfund Feb 2015 - Jul 20183 years 6 months Wilton, CT. The Board will support Robin, Todd and the entire Executive Committee as they work closely together to ensure a seamless handover in the coming months. With over 30 years of investment experience, Hanneke was previously CEO of Newton Investment Management, a BNY Mellon Investment Management firm, from 2016 to 2020. BNYMellon. executive offices no earlier than December 2, 2023 and no later than 5:00 p.m., Eastern time, on January 1, 2024. New York, NY Easy Apply 30d+. Ms. Portney will then assume a new role leading the company's Treasury Services, Credit Services, and Clearance & Collateral Management businesses. Senior Executive VP & General Counsel at BNY Mellon . Before joining Adams Street, she was an investment manager at Pantheon Ventures, and worked for Philips China Hong Kong Group. Applications are subject to approval. Mr. McDonogh will join the company on November 1, 2022, reporting to BNY Mellon's Chief Executive Officer ("CEO"), and he will join the Executive Committee. The Committee shall meet to review with management, the registered independent public accountants, and the Chief Audit Executive the Corporation's annual consolidated financial statements and the related opinion thereon, and the quarterly financial statements and report thereon, prior to the filing of such documents with the SEC. The Committee shall also review the registered independent public accountants' attestation and report on management's assessment regarding the Corporation's internal controls over financial reporting. 2023 THE BANK OF NEW YORK MELLON CORPORATION, Governments, Sovereigns & Not-For-Profits. Annually, the Committee shall review the perquisites and travel and entertainment expenses of the Corporation's Named Executive Officers whose compensation is reported in detail in the Corporation's proxy statement for the most recently completed fiscal year, and shall review the Corporation's procedures and controls for the preparation of the Compensation Discussion and Analysis to be included in the proxy statement. Bank custody provided by BNY Mellon, N.A, member FDIC. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. BNY Mellon is a destination for top talent, and the addition of Dermot to our firm will further enhance the strength of our industry-leading team. We go beyond to bring together clients, world class leaders and industry luminaries for an unmatched three-day experience. Except as limited by law, regulation or the rules of the NYSE, the Committee may form subcommittees for any purpose that it deems appropriate and may delegate to such committees or to other committees of the Board such power and authority as it deems appropriate. Minutes of its meetings will be approved by the Committee and maintained on its behalf. If the Committee performs the fiduciary audit committee functions for a national bank subsidiary of the Corporation (i) the Committee will have responsibility for overseeing the audit of the fiduciary activities of such subsidiary, (ii) the annual audit (by internal or external auditors) of all significant fiduciary activities of such subsidiary, or discrete audits (by internal or external auditors) of each significant fiduciary activity of such subsidiary in connection with a continuous audit system in accordance with 12 C.F.R. The Committee shall also review plans with regard to Net Interest Revenue, investment portfolio activities and progress relative to such plans and activities. The Committee shall oversee the process for the resolution of any such disagreement. The Executive Committee of NIBC consists of four statutory Managing Board members complemented by non-statutory Executive Committee members. While it is the responsibility of management to assess and manage the Corporation's exposure to risk, the Committee will discuss guidelines and policies to govern the process by which this is handled. These statements, which may be expressed in a variety of ways, including the use of future or present tense language, relate to, among other things, BNY Mellon's performance and talent recruitment and retention efforts. Ms. Portney will continue to report to BNY Mellon's CEO and serve as a member of the Executive Committee. Download image Paulus de Wilt The Corporate Governance, Nominating and Social Responsibility Committee (the "Committee") is appointed by the Board of Directors (the "Board") for the following purposes: to review and identify individuals qualified to become Board members, consistent with criteria approved by the Board; to recommend to the Board the director nominees for the . Work collaboratively with Corporate and divisional teams to achieve organizational objectives and ensure alignment with Bank-wide activities. All members will be "financially literate," at least one member will have "accounting or related financial management expertise" and, if the Committee performs the audit committee functions for an insured depository institution subsidiary of the Corporation, at least two members will have banking or related financial management expertise and no member will be a large customer, as such term is defined for purposes of 12 C.F.R. NEW YORK, March 10, 2022 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY Mellon") (NYSE: BK) announced today that Thomas P. (Todd) Gibbons has decided to retire as Chief Executive Officer and member of the Board of Directors on August 31, 2022, after a distinguished 36-year career with the company. Except as limited by law, regulation or the rules of the New York Stock Exchange, the Committee may form subcommittees for any purpose that it deems appropriate and may delegate to such subcommittees or to members of the Corporation's management such power and authority as it deems appropriate, provided, however, that any such subcommittees shall meet all applicable independence requirements and that the Committee shall not delegate to persons other than independent directors any functions that are required under applicable law, regulation, or stock exchange rule to be performed by independent directors. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK) and may be used to reference the corporation as a . Robin has been a significant contributor to the company, our strategy and growth agenda. Hanneke Smits is CEO of BNY Mellon Investment Management and a member of BNY Mellons Executive Committee. Kevin McCarthy is a Senior Executive Vice President and General Counsel of BNY Mellon. Industry insights at-a-glance on the future of finance from voices at the heart of today's most important financial topics. We are proud of our client relationships, and we are stronger because of them. 1 "Executive Leaders" equates to the Executive Committee | 2 "Senior Leaders" include Managing Directors and Directors (S and M grades, inclusive of managers and independent contributors) . As ofMarch 31, 2022, BNY Mellon had$45.5 trillionin assets under custody and/or administration, and$2.3 trillionin assets under management. The Bank of New York Mellon Corporation reports . He is someone I deeply respect and trust, and I look forward to working side-by-side with him to support the transition over the coming months while continuing to drive organic growth. Her first career was in the international art auction industry in New York City, Latin America and the west coast. from 8 AM - 9 PM ET. In. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. As part of her role with Impetus, she is Trustee of the Education Endowment Foundation (EEF), founded in 2011 by The Sutton Trust in partnership with Impetus. The Committee has the direct responsibility to annually review the performance of the Chief Audit Executive and, as appropriate, replace the Chief Audit Executive. Mar 26, 2019, 10:00 ET NEW YORK, March 26, 2019 /PRNewswire/ -- BNY Mellon has appointed Senthil Kumar as Senior Executive Vice President and Chief Risk Officer. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. Start with the FINANCIAL PROFESSIONALS INDIVIDUAL INVESTORS INSTITUTIONAL INVESTORS AND CONSULTANTS Are you a cash management professional? Prior to joining BNY Mellon in August 2018, Paul led global teams across Cash Management, Trade Finance and Commercial Payments for over 25 years. Brokerage services may be provided by Pershing Advisor Solutions LLC, member FINRA, SIPC. President and Chief Executive Officer, BNYMellon, Chief Information Officer and Head of Engineering, Global Head of Enterprise Execution and Chief Corporate Affairs Officer, Senior Executive Vice President and Chief Risk Officer, Senior Executive Vice President and General Counsel, Senior Executive Vice President and Chief Executive Officer, Securities Services and Digital, Chief Executive Officer, BNY Mellon Government Securities Services Corp. and Clearance & Collateral Management, Senior Executive Vice President and Chief Growth Officer, Chief Executive Officer, BNY Mellon Marketsand Execution Services, 2023 THE BANK OF NEW YORK MELLON CORPORATION, Governments, Sovereigns & Not-For-Profits. If the Committee performs the fiduciary audit committee functions for a national bank subsidiary of the Corporation, no Committee member will be an officer of such national bank subsidiary or any of such national bank subsidiarys affiliates who participate significantly in the administration of such national bank subsidiarys fiduciary activities. The Committee shall approve the appointment of the Chief Audit Executive, who will report directly to the Committee. Read our client stories and learn about the many ways we work to make a difference in our communities and beyond. This site provides information for investment professionals. Engage directly with experts with unique learning opportunities that are tailored to you and your business. Joseph J. Echevarria, Independent Chair of the Board of Directors, said: "Today's announcement is the culmination of the Board and Todd's well-planned, thorough and orderly succession process to ensure continuity of leadership and BNY Mellon's continued success. He joined Goldman Sachs in 1994 as a product controller in the Finance Division. The Committee is responsible for maintaining open communication between the Committee and the registered independent public accountants, Internal Audit, management, and the Board of Directors. As Todd retires after nearly four decades of service to the company and its shareholders, including his outstanding leadership through the global pandemic, we want to thank Todd for his many contributions. Work. The Committee will review and assess the adequacy of this charter annually and recommend changes to the Board as necessary. Prior to joining BNY Mellon, Mr. Vince spent 26 years with Goldman Sachs, most recently serving as Chief Risk Officer and member of the Management Committee and previously as Treasurer, Head of . With over 30 years of investment experience, Hanneke was previously CEO of Newton Investment Management, a BNY Mellon Investment Management firm, from 2016 to 2020. Annually, the Committee shall review management's report on internal control over financial reporting to be included in the Corporation's Annual Report on Form 10-K. Welcome to BNY Mellon Investment Management | BNY Mellon Toggle Site Nav Contact Us investor. MediaGarrett Marquis+1 949 683 1503garrett.marquis@bnymellon.com, AnalystsMarius Merz+1 212 298 1480marius.merz@bnymellon.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/bny-mellon-announces-leadership-succession-plan-naming-robin-vince-ceo-elect-301499790.html, Plus500. We may use it to: To learn more about how we handle and protect your data, visit our privacy center. Follow us on Twitter @BNYMellon or visit. Non-Executive Chair of Apollo Global Management and Former Chair of SEC, Chief Executive Officer and Co-founder, Registered Independent Public Accountants. Transparency is our policy. She joined Adams Street in 1997 to build out its global investment capabilities, and successfully launched its presence in Europe and Asia. In adopting this Charter, the Board acknowledges that the Committee members are not employees of the Corporation and are not providing any expert or special assurance as to the Corporation's financial statements or any professional certification as to the work of the Corporation's independent public accountants or the auditing standards applied. Chief Executive Officer, BNY Mellon Government Securities Services Corp. and Clearance & Collateral Management Biography Claire Santaniello Managing Director Biography Emily Schlosser Chief Operating Officer Biography Thomas Sholes Chief Strategy Officer Biography Ainslie Simmonds President, Pershing X Biography Margreet van Dijk Managing Director Provide specific products and services to you, such as portfolio management or data aggregation. Prior to Newton, she served on the Executive Committee at private equity firm Adams Street Partners from 2001 to 2014, having been Chief Investment Officer from 2008 to 2014. Over the past several years, Emily has ensured the firm's strong financial position through a period of uncertainty and market volatility, she strengthened our world-class Finance leadership team and enhanced the depth and transparency of our dialogue with the investor community.". Boston, MA, US. Meetings of the Committee shall include separate executive sessions with the Chief Audit Executive and the Corporation's registered independent public accountants, quarterly and as needed. The Corporation shall also pay such amounts as the Committee deems appropriate as compensation of any legal or other advisors employed by the Committee, and ordinary administrative expenses of the Committee. About BNY MellonBNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Infurtherance of such responsibilities, the Committee has a duty to seek to preserve the safety and soundness of its national bank subsidiaries, and will exercise its oversight of any such subsidiarys audit committee matters with the understanding that suchsubsidiarys interests are not to be subordinated to the interests of the Corporation in a way as to jeopardize the safety and soundness of such subsidiary. Industry insights at-a-glance on the future of finance from voices at the heart of today's most important financial topics. Wells Fargo merges two payments groups, hires BNY Mellon exec as leader By Polo Rocha August 17, 2021, 2:57 p.m. EDT 1 Min Read Wells Fargo has combined its treasury management and global payments services units into one group, and has hired a former Bank of New York Mellon executive to run the new division. Mr. Camp will continue to report to Todd Gibbons, Chief Executive Officer, Clearing, Markets and Client Management. The members of the Managing Boards of NIBC Holding N.V. and NIBC Bank N.V. are the same. The Committee shall approve audit plans (and amendments to audit plans), resources, budgets and the outsourcing of functions to external vendors, if applicable. Terms of Service apply. The Committee shall periodically consider possible changes in committee assignments while maintaining flexibility, so that each committee includes directors with the requisite expertise and experience to fulfill its duties and responsibilities, and will recommend changes in committee assignments to the Board as it deems appropriate. All Committee members will have knowledge of audit and risk management practices commensurate with the Corporations complexity and risk profile. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Catherine Keating is the CEO of BNY Mellon's Investor Solutions and Wealth Management divisions, and a member of BNY Mellon's Executive Committee. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. 9.9 for any national bank subsidiary of the Corporation engaged in fiduciary activities. We go beyond to bring together clients, world class leaders and industry luminaries for an unmatched three-day experience. Moreover, Mr. Gibbons developed a strong and diverse leadership team while working together with the Board of Directors to develop and execute a leadership succession plan that resulted in the decision to name Mr. Vince as his successor. The Committee shall report its activities to the Board on a regular basis and make such recommendations as it deems necessary or appropriate. The Committee or, in its discretion, the Chairman of the Committee, shall discuss with management, the Chief Audit Executive and/or the registered independent public accountants, as appropriate, the types and presentation of information to be included in the Corporation's earnings press releases and financial information and earnings guidance, if any, provided to analysts and rating agencies. The Nominating Committee (the "Committee") of each fund in the BNY Mellon Family of Funds (each, the "Fund") shall be composed solely of Directors/Trustees Ms. Portney will continue to report to BNY Mellon's CEO and serve as a member of the Executive Committee. BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. The Committee will consist of three or more Directors who satisfy, as determined by the Board, the requirements of the New York Stock Exchange Listing Standards, including those with respect to independence, and any additional requirements that the Board deems appropriate. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, BNY Mellon Reports First Quarter 2023 Results. The Committee shall set a clear hiring policy for employees or former employees of the registered independent public accountants. A meeting of the Committee may be called by its chairman or any two members of the Committee. 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/bny-mellon-announces-leadership-succession-plan-naming-robin-vince-ceo-elect-301499790.html, Bank of New York Mellon : Early Repurchase(s), W.P. Ask us how we can help you transform your business. Leader, Basketball Legend and Successful Entrepreneur. from 8 AM - 9 PM ET. The Committee has the authority to engage such independent counsel and other advisors and to carry out such investigations as it deems necessary to discharge its duties. Mr. Vince will report to Todd Gibbons, CEO of BNY Mellon, and will join BNY Mellon's Executive Committee. At INSITE, education is right at your fingertips. Develop and improve features of our offerings. Annually, there shall be a performance evaluation of the Committee, which may be a self-evaluation or an evaluation employing such other resources or procedures as the Committee and the Corporate Governance, Nominating and Social Responsibility Committee may deem appropriate. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. We sell different types of products and services to both investment professionals and individual investors. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. As investment strategies increasingly become more complex, technology can play a pivotal role in ensuring asset owners reporting capabilities keep pace. Non-Executive Chair of Apollo Global Management and Former Chair of SEC, Chief Executive Officer and Co-founder, When typing in this field, a list of search results will appear and be automatically updated as you type. Additional information is available onwww.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom atwww.bnymellon.com/newsroomfor the latest company news. As CFO, Mr. McDonogh's responsibilities will span global financial strategy and financial operations, including finance functions, controllership, Treasury, the Chief Investment Office, capital management, tax, corporate development, investor relations and the business CFO teams. "Paul's leadership will be key in driving innovation in Treasury Services, an important business for BNY Mellon and our future growth. Before joining BNY Mellon, Ms. Portney was CFO for Barclays International. The Committee shall review significant issues identified by Internal Audit together with management's responses and follow-up, ensuring appropriate management accountabilities are in place. This site is protected by reCAPTCHA and the Google Annually, the Audit Committee shall discuss with the registered independent public accountants and the Chief Audit Executive the responsibilities, budget and staffing of Internal Audit. The Committee will periodically review with management the Corporation's policies and positions taken on tax issues. Industry insights at-a-glance on the future of finance from voices at the heart of today's most important financial topics. The pandemic highlighted our important role in the global financial ecosystem as well as our resilience, and we stand today as market leader across many of our businesses. INSITE is the essential event for the financial advice community. If the Committee performs the audit committee functions for an insured depository institution subsidiary of the Corporation, the Committee will oversee the internal audit function of such subsidiary. Affiliated advisory services, if offered, provided by Lockwood Advisors, Inc., an investment adviser registered in the United States under the Investment Advisers Act of 1940, and Pershing X, a technology provider. The Committee is responsible for the pre-approval of all audit and permitted non-audit services performed by the independent public accountants. the Corporations compliance with legal and regulatory requirements. Chief Executive Officer, BNY Mellon Government Securities Services Corp. and Clearance & Collateral Management Meet Brian Akash Shah Senior Executive Vice President and Chief Growth Officer Meet Akash Hanneke Smits Chief Executive Officer, Investment Management Meet Hanneke Adam Vos Chief Executive Officer, BNY Mellon Markets and Execution Services She began her career with J.P. Morgan, where she held various leadership roles across businesses and functions during her 23 years with the company. Pittsburgh, PA 4d. Prior to HSBC, Paul was CFO of Circle Internet Financial, and previously held senior roles at JP Morgan and Deutsche Bank. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. $96K-$163K Per Year (Employer est.) The Committee shall review with the registered independent public accountants the results of the audit, and the Committee shall discuss any management or internal control letter issued or proposed to be issued by the registered independent public accountants. Annually, there shall be a performance evaluation of the Committee, which may be a self-evaluation or an evaluation employing such other resources or procedures as the Committee may deem appropriate. Originally from the Netherlands, Hanneke has a BBA from Nijenrode University and an MBA from the London Business School. Gear advertisements and other marketing efforts towards your interests. 5 free lookups per month. Actual outcomes may differ materially from those expressed or implied as a result of risks and uncertainties, including, but not limited to, the factors identified above and th e risk factors and other uncertainties set forth in BNY Mellon's Annual Report on Form 10-K for the year endedDecember 31, 2021, the Quarterly Report on Form 10-Q for the quarter endedMarch 31, 2022and BNY Mellon's other filings with the Securities and Exchange Commission. He will have oversight of BNY Mellon's Clearance and Collateral Management,. 9.9 for any national bank subsidiary of the Corporation engaged in fiduciary activities. The heads of these businesses will report to Ms. Portney from February 1, 2023. Chart. 363.2(b). Carey closes on 500M term loan maturing in 2026, 5 Stocks That Will Benefit From Bed Bath & Beyonds Bankruptcy, Wednesday Is Your Last Chance To Buy Bank of New York Mellon Before The Dividend Payout, J.P. Morgan Keeps Their Hold Rating on Bank of New York Mellon Corporation (BK), Analysts Offer Insights on Financial Companies: Bank of New York Mellon Corporation (BK), Prologis (PLD) and Toronto Dominion Bank (TD), Registration on or use of this site constitutes acceptance of our.
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bny mellon executive committee