NEW YORK, Dec. 2, 2016 /PRNewswire/ -- BNY Mellon, a global
leader in investment management and investment services, announced
today that its Board of Directors has elected Linda Z. Cook and Jennifer B. Morgan as independent directors,
effective December 1, 2016. With the
addition of Cook and Morgan, BNY Mellon's Board will have 14
directors, 13 of whom are independent. Cook and Morgan will also be
included in BNY Mellon's slate of nominees for election to the
Board at the 2017 Annual Meeting of Shareholders.
"We are delighted to welcome Linda and Jennifer to our Board,"
said BNY Mellon Chairman and Chief Executive Officer Gerald L. Hassell. "BNY Mellon recognizes the
importance of having an appropriate balance of experience and fresh
perspectives on its Board of Directors. The addition of these two
new talented directors with diverse experiences and backgrounds is
a demonstration of our commitment to this balance and continued
strong corporate governance."
"Linda's distinguished international career as a senior
executive in the energy industry and Jennifer's leadership and
client experience in the technology industry will provide BNY
Mellon with valuable insights for its global businesses."
Linda Z. Cook
Cook will join the Corporate Governance and Nominating and Risk
Committees of BNY Mellon's Board of Directors.
Cook, 58, is a Managing Director and member of the Executive
Committee of EIG Global Energy Partners, an investment firm focused
on the global energy industry, and CEO of Harbour Energy, Ltd., an
energy investment vehicle. Cook joined EIG in 2014, after
spending over 29 years with Royal Dutch
Shell at various companies in the U.S., the Netherlands, the United Kingdom and Canada. At her retirement from
Royal Dutch Shell, Cook was a member
of the Executive Committee in the
Netherlands headquarters and a member of the Board of
Directors. Her primary executive responsibility was Shell's global
upstream Natural Gas business in addition to oversight for Shell's
global trading business, Shell Renewable Energy, and Shell's
Downstream R&D and Major Projects organizations. Cook
previously was CEO of Shell Canada Limited, CEO of Shell Gas &
Power and Executive VP of Finance, Strategy and HR for Shell's
global Exploration and Production businesses.
Cook has previously served on the Boards of Directors of KBR,
Inc., The Boeing Company, Marathon Oil Corporation, Cargill Inc.,
Royal Dutch Shell plc, Royal Dutch
Shell Petroleum Co. NV and Shell Canada Limited. Cook is also a
member of the National Petroleum Council, an advisory committee to
the U.S. Secretary of Energy, and the Society of Petroleum
Engineers and a Trustee of the University of
Kansas Endowment Association.
Jennifer B. Morgan
Morgan will join the Audit and Technology Committees of BNY
Mellon's Board of Directors.
Morgan, 45, has served as President of SAP North America since
2014, where she is responsible for the company's strategy, revenue
and customer success in the U.S. and Canada. Since being
named President, she has led SAP's rapid shift to the cloud in
North America while helping
customers achieve growth in the digital economy. Morgan
served in a number of leadership roles for SAP since joining the
company in 2004, including as head of SAP North America's public
sector organization and president of its Regulated Industries
business unit. In these roles, Morgan was a recognized
thought-leader on government and public sector technology
innovation, represented SAP to the U.S. Government and testified
before Congress on technology and acquisition issues. Earlier
in her career, Morgan served in various management roles at Siebel
Systems and Accenture.
Morgan is an executive advisory board member of James Madison University College of Business and a
board member of the National Academy Foundation, an educational
non-profit organization bringing education, business, and community
leaders together to transform the high school experience, and
GENYOUth, an organization dedicated to improving the health and
wellness of the next generation of young leaders.
BNY Mellon is a global investments company dedicated to helping
its clients manage and service their financial assets throughout
the investment lifecycle. Whether providing financial services for
institutions, corporations or individual investors, BNY Mellon
delivers informed investment management and investment services in
35 countries and more than 100 markets. As of Sept. 30, 2016, BNY Mellon had $30.5 trillion in assets under custody and/or
administration, and $1.7 trillion in
assets under management. BNY Mellon can act as a single point of
contact for clients looking to create, trade, hold, manage,
service, distribute or restructure investments. BNY Mellon is the
corporate brand of The Bank of New York Mellon Corporation (NYSE:
BK). Additional information is available on www.bnymellon.com.
Follow us on Twitter @BNYMellon or visit our newsroom at
www.bnymellon.com/newsroom for the latest company news.
Contact: Ligia Braun
+1 212 635 8588
ligia.braun@bnymellon.com
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SOURCE BNY Mellon