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BNY Mellon names interim head Gibbons as CEO

March 30, 2020 at 07:34 am EDT

Bank of New York Mellon Corp on Monday named interim head Thomas Gibbons as chief executive officer, effective immediately.

Gibbons has been in charge at the bank since September 201
9, after Charles Scharf left to take the top job at Wells Fargo & Co. (https://reut.rs/2vVvvoS)

"The Board conducted a comprehensive search process over a number of months, and we concluded he is the right person for the job," Chairman Joseph Echevarria said.

Before Gibbons was named interim head in September, he led BNY Mellon's clearing, markets and client management - businesses that represented about half of the bank's earnings, the company said.

Prior to that, he was BNY Mellon's chief financial officer for nine years.

(Reporting by Bharath Manjesh in Bengaluru; Editing by Saumyadeb Chakrabarty)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	WELLS FARGO & COMPANY	60.35 USD	+2.74%	+6.87%	206B
	LINE CORPORATION	5,350 JPY	-.--%	-0.19%	12.52B

Todd Gibbons

Currently, Thomas P. Gibbons occupies the position of Chief Executive Officer & Director at The Bank of New York Mellon Corp. and Chief Executive Officer at The Bank of New York Mellon Corp. (Investment Management) and Chief Executive Officer of The Bank of New York Mellon (New York) (both are subsidiaries of The Bank of New York Mellon Corp.). He is also on the board of The Summit Area YMCA. In the past Thomas P. Gibbons held the position of Chief Financial Officer & Senior Executive VP at The Bank of New York Co., Inc., Vice Chairman & Chief Financial Officer at BNY Mellon, NA, Assistant Treasurer at Handy & Harman and Manager of ConvergEx Group LLC. He received an undergraduate degree from Wake Forest University and an MBA from Pace University.

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