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MarketScreener Homepage  >  Equities  >  Nyse  >  Bank of New York Mellon Corporation (The)    BK

BANK OF NEW YORK MELLON CORPORATION (THE

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Bank of New York Mellon : BNY Mellon Vice Chairman Bill Daley Has Left Bank -- Update

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10/22/2019 | 04:32pm EST

By Justin Baer

Bill Daley, the former White House chief of staff, has left his post at Bank of New York Mellon Corp. less than five months after the bank announced his arrival.

Mr. Daley said Tuesday he made the decision after his former boss, BNY Mellon CEO Charles Scharf, departed to take the same job at Wells Fargo & Co. Messrs. Daley and Scharf had previously worked together at JPMorgan Chase & Co., and the CEO had brought on his former colleague to oversee BNY Mellon's government affairs and communications functions.

But with Mr. Scharf's exit earlier this month, "I knew I wasn't going to stay," he said.

"Bill Daley's departure was expected as Bill joined us a few months ago largely as an adviser to Charlie," a BNY Mellon spokeswoman said. "We parted amicably and wish him well in his future endeavors."

Mr. Daley's last day was Friday.

Write to Justin Baer at justin.baer@wsj.com

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Financials (USD)
Sales 2019 15 732 M
EBIT 2019 5 012 M
Net income 2019 4 133 M
Debt 2019 32 794 M
Yield 2019 2,39%
P/E ratio 2019 11,3x
P/E ratio 2020 11,7x
EV / Sales2019 4,97x
EV / Sales2020 4,95x
Capitalization 45 437 M
Chart BANK OF NEW YORK MELLON CORPORATION (THE)
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Technical analysis trends BANK OF NEW YORK MELLON CO
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 49,48  $
Last Close Price 49,27  $
Spread / Highest target 15,7%
Spread / Average Target 0,42%
Spread / Lowest Target -10,7%
EPS Revisions
Managers
NameTitle
Thomas P. Gibbons Chief Executive Officer & Director
Joseph J. Echevarria Non-Executive Chairman
Lester J. Owens Head-Operations & Senior Executive VP
Michael Santomassimo Chief Financial Officer
Bridget E. Engle Chief Information Officer & Senior Executive VP
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