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BANK OF NEW YORK MELLON CORPORATION (THE)

(BK)
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Real-time Estimate Cboe BZX  -  12:26 2022-10-04 pm EDT
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Crossing the Corporate Bridge: BNY Mellon Hosts Veterans Leadership Forum in Pittsburgh

09/26/2017 | 08:11am EDT

A recent Veterans Leadership Forum (VLF), hosted by the Pittsburgh chapter of BNY Mellon's VETNET employee resource group, brought together senior BNY Mellon executives and talent professionals, members of the broader Pittsburgh nonprofit and academic community, and veteran leaders and champions from other companies to discuss the business case for engaging veterans. Conversations focused on how best to help U.S. veterans 'cross the corporate bridge' into the private sector.

Participating organizations included PNC, The Heinz Endowments, Covestro, Highmark, University of Pittsburgh, Duquesne University, and the U.S. Department of Labor's Pittsburgh Veterans Employment Initiative Group.

Speakers shared examples of the challenges faced by U.S. veterans as they reenter civilian life and highlighted the opportunities available to them when they cross the corporate bridge. They discussed the importance of coaching not only veterans but also hiring managers and recruiters about how to translate military skills into tangible business benefits.

Perhaps the most important takeaway from VLF was a direct call-to-action to engage with U.S. veterans no matter where they transition to after their service. 'In addition to thanking a veteran for their service, ask them about their experiences so far,' said Ian Stewart, CEO, Treasury Services and Chairman, BNY Mellon Pennsylvania. 'Ask them where they want to go from here, then ask them how you can help.'

The agenda included keynote speaker, Guy Filippelli, CEO of RedOwl Analytics and cofounder of the COMMIT Foundation, an organization dedicated to creating tailored transitions for top veteran talent and reaching veterans across the country with transition assistance programs.

The keynote address was followed by a panel discussion including Filippelli, Megan Andros, Program Officer, The Heinz Endowments, and representatives of Pittsburgh's VETNET Chapter.

VETNET is a BNY Mellon employee group that serves as a resource for the professional development, retention and advancement of returning military as they transition to new careers and civilian life. Membership is open to all employees, engaging many of BNY Mellon's retired military personnel, military reservists, military family members, and allies who champion the leadership and impact that veterans have on the company.

'BNY Mellon is a proud corporate leader in the greater Pittsburgh region,' said Stewart. 'We brought together this group of influencers to challenge the broader community to make a difference for veterans as they transition out of military service.'

The Bank of New York Mellon Corporation published this content on 26 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 September 2017 12:09:06 UTC.


© Publicnow 2017
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Analyst Recommendations on BANK OF NEW YORK MELLON CORPORATION (THE)
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Financials (USD)
Sales 2022 16 605 M - -
Net income 2022 3 369 M - -
Net Debt 2022 34 044 M - -
P/E ratio 2022 9,57x
Yield 2022 3,59%
Capitalization 32 049 M 32 049 M -
EV / Sales 2022 3,98x
EV / Sales 2023 3,82x
Nbr of Employees 50 800
Free-Float 57,8%
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Technical analysis trends BANK OF NEW YORK MELLON CORPORATION (THE)
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 39,66 $
Average target price 48,47 $
Spread / Average Target 22,2%
EPS Revisions
Managers and Directors
Robin Vince President & Chief Executive Officer
Emily H. Portney Chief Financial Officer
Joseph J. Echevarria Non-Executive Chairman
Bridget E. Engle Chief Operations & Technology Officer
Jeffrey A. Goldstein Independent Director
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