LAKE SUCCESS, N.Y.,
Sept. 26, 2017 /PRNewswire/
-- Broadridge Financial Solutions, Inc. (NYSE: BR)
announced the appointment of Michael
Tae to Senior Vice President of Corporate Strategy. Tae will
serve on the Executive Committee reporting to CEO Rich Daly and will lead the strategy,
acquisitions, partnerships, and other growth-related activities
that will help propel Broadridge forward as the company continues
to evolve and help clients get ahead of challenges.
![](https://mma.prnewswire.com/media/561536/Michael_Tae.jpg)
Tae began his career at McKinsey & Company where he provided
consulting services to clients in the financial services industry
before moving to Merrill Lynch where he was the Vice President of
their Financial Institutions Group. In 2009, at the height of
the financial crisis, Tae moved to Washington, D.C., where he worked in the U.S.
Department of Treasury's Office of Financial Stability as Director
of Investments and Senior Policy Advisor. There, working
alongside the Chief Investment Officer of the Troubled Asset Relief
Program (TARP), he leveraged his strategic acumen and technical
knowledge to handle financial deal structures for several
well-known companies including GM/Chrysler, CitiBank, Bank of
America Merrill Lynch, and AIG. Most recently, Tae was the
Senior Executive Vice President of Worldwide Services for
Microstrategy, where he successfully developed and implemented a
strategy that helped the company achieve profitability.
"Michael has a deep financial services background and a proven
track for delivering for clients, from his consulting career at
McKinsey to his recent role at Microstrategy," said Richard Daly, CEO of Broadridge. "We are
excited to have him on board as we continue to expand our product
set and extend the value we provide to our global client base."
"I am excited to join the Broadridge team with its world class
capabilities and expertise," said Tae. "I am looking forward to
leading the strategy, acquisitions, partnerships and other
initiatives that will ensure Broadridge will be ready for new
challenges and opportunities on the global stage."
Tae received his M.B.A. from Columbia
University and earned his B.A. in Asian Studies and
Economics from Williams
College. He was awarded a Fulbright Scholarship where
he studied in South Korea. While
at McKinsey, he started a non-profit that provides humanitarian aid
to Korea which is still operating today.
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE: BR), a $4 billion global fintech leader, provides
investor communications and technology-driven solutions for
broker-dealers, banks, mutual funds and corporate issuers globally.
Broadridge's investor communications, securities processing and
managed services solutions help clients reduce their capital
investments in operations infrastructure, allowing them to increase
their focus on core business activities. With over 50 years
of experience, Broadridge's infrastructure underpins proxy voting
services for over 90 percent of public companies and mutual funds
in North America, and processes
more than $5 trillion in fixed income
and equity trades per day. Broadridge employs approximately
10,000 full-time associates in 16 countries. For more information
about Broadridge, please visit www.broadridge.com.
Media Contacts:
Tina Wadhwa
Corporate Communications
+1 212-973-6164
tina.wadhwa@broadridge.com
Brett Philbin
Edelman
+1 212-704-8263
brett.philbin@edelman.com
Hannah James
Cognito, EMEA
+44 (0) 20 74269428
Hannah.James@cognitomedia.com
Peggy
Wu
Teneo Strategy, APAC
+65 6876 5785
peggy.wu@teneostrategy.com
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SOURCE Broadridge Financial Solutions, Inc.