Shannon Hobbs Joins BNY Mellon as Chief People Officer

Core Insights - BNY Mellon has appointed Shannon Hobbs as Chief People Officer, effective June 3, 2024, reporting to President and CEO Robin Vince [1] - The appointment emphasizes the importance of people and culture as core strengths for the firm's success and talent attraction [1] - Ms. Hobbs brings extensive experience from GEICO and American Century Investments, with a strong background in human resources and operational leadership [2] Company Overview - BNY Mellon is a global financial services company with a 240-year history, managing $47.8 trillion in assets under custody and/or administration and $2.0 trillion in assets under management as of December 31, 2023 [3] - The company serves over 90% of Fortune 100 companies and nearly all top 100 banks globally, supporting governments and pension plans [3] - BNY Mellon employs over 50,000 people worldwide and has received accolades such as being named among Fortune's World's Most Admired Companies [4]