logo
Plus   Neg
Share
Email

BNY Mellon Confirms Thomas Gibbons As Full Time CEO - Quick Facts

The Bank of New York Mellon Corp. (BK) announced Monday that Thomas Gibbons has been appointed Chief Executive Officer, effective immediately. He served as interim CEO since September 2019.

Prior to being named interim CEO in September, Gibbons served as Vice Chairman and CEO of Clearing, Markets and Client Management. Prior to that role, he was BNY Mellon's Chief Financial Officer for nine years, Chief Risk Policy Officer for six years, among others during his distinguished career with the company.

The Board conducted a comprehensive search process over a number of months, and concluded Gibbons is the right person for the job.

Joseph Echevarria, a member of BNY Mellon's Board of Directors since February 2015, will continue to serve as Independent Chairman of the Board.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Sundial Herbal Products has recalled around 65 products, which were misbranded and currently unapproved drugs, the U.S. Food and Drug Administration said in a statement. The recall follows an order by a federal judge in June to stop distributing the company's unapproved new drugs. The affected items include herbal products and dietary supplements. Amid the worsening coronavirus pandemic and mounting costs, banking major Wells Fargo & Co. is preparing to cut thousands of jobs starting later this year, Bloomberg Law reported. Citing people with knowledge of the confidential talks, the report noted that executives are drafting plans that may ultimately eliminate tens of thousands of positions from its about 263,000 workforce. KIND Healthy Snacks is recalling a limited number of Oats & Honey Granola pouches citing the presence of undeclared sesame seeds, the U.S. Food and Drug Administration announced. The recall involves KIND Oats & Honey Granola with Toasted Coconut. Sesame seeds, a known allergen, is not listed as an ingredient in the product, instead, the label lists "sesame seeds" under the "May Contain
Follow RTT