By Justin Baer 

Bank of New York Mellon Corp. named former Visa and J.P. Morgan Chase & Co. executive Charles Scharf as its chairman and CEO, replacing Gerald Hassell.

Mr. Scharf, 52 years old, served as CEO of Visa until December. Mr. Hassell, 65 years old, will remain chairman of BNY Mellon until Dec. 31, when he will hand the title to Mr. Scharf.

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

 

(END) Dow Jones Newswires

July 17, 2017 08:00 ET (12:00 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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