Bank OF N Y (NYSE:BK)
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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.
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(END) Dow Jones Newswires
July 17, 2017 08:00 ET (12:00 GMT)
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