Core Points - The Bank of New York Mellon Corporation (BNY) announced the election of Robin Vince as Chairman, in addition to his role as CEO, effective September 1, 2025 [1] - Joe Echevarria will transition to the role of lead independent director, having previously held this position from 2016 to 2019 [1][4] - Robin Vince has been CEO since August 31, 2022, and has shown a strong commitment to strategy, execution, and client service [2][5] - As Chairman, Robin Vince will focus on setting the board agenda and driving the firm's transformation and strategy [3] - Joe Echevarria's responsibilities as lead independent director will include liaising between independent directors and the Chairman, and managing independent director meetings [4] Company Overview - BNY is a global financial services company managing $53.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management as of March 31, 2025 [6] - The company has a long history of over 240 years, serving over 90% of Fortune 100 companies and nearly all top 100 banks globally [6] - BNY is recognized among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators [7]
Robin Vince Elected Chairman of BNY's Board of Directors