JERSEY CITY, N.J., Feb. 4, 2016 /PRNewswire/ -- Pershing LLC, a BNY
Mellon company and a leading provider of global financial business
solutions, today announced that Lisa
Dolly has been named as the company's new chief executive
officer, effective February 16,
2016.
Dolly, currently the firm's chief operating officer,
succeeds Ron DeCicco, who after a
long and distinguished 45-year career with Pershing, has decided to
retire from his role as chief executive officer of Pershing. As
part of the leadership transition, he will serve as an executive
advisor over the next year working closely with Dolly, Pershing's
executive committee and key clients.
"We've selected a very capable and committed leader at a time
when Pershing is in a strong position," said Brian Shea, BNY Mellon vice chairman and CEO of
Investment Services. "For the past three years, Lisa has been an
exemplary chief operating officer and in her new role as Pershing's
CEO, I am confident that she will lead the company to continued
success."
"I also want to recognize and thank Ron for being an outstanding
leader, consistently putting the good of our clients, the company,
the industry and the well-being of employees as his highest
priorities", said Shea. "Ron has been a strong, highly effective
and responsible leader and we have been extremely fortunate to have
had him as CEO and now as an executive advisor."
Dolly is a member of Pershing's executive committee and BNY
Mellon's Operating Committee. Over her 25-year career at Pershing,
she has held numerous leadership roles prior to becoming Pershing's
COO. She was responsible for the firm's Managed Investment business
and Lockwood Advisors, Inc., managed global operations, and served
as chief administrative officer overseeing a number of internal and
operational functions. Dolly has served as chairperson of the
Securities Industry and Financial Markets Association (SIFMA)
Operations and Technology Steering Committee and has served on
cross-industry committees with DTCC. In addition, she volunteers
her time with the 30% Club mentoring aspiring professional
women.
An announcement of Dolly's successor as chief operating officer
of Pershing is expected in the coming weeks.
About Pershing
Pershing and its affiliates provide
global financial business solutions to advisors, asset managers,
broker-dealers, family offices, registered investment advisor firms
and wealth managers. A financial services firm located in 23
offices worldwide, Pershing provides business-to-business solutions
to clients representing 6 million active investor accounts on the
U.S. platform. Pershing affiliates are members of every major U.S.
securities exchange, and its international affiliates are members
of the Deutsche Borse, Australian Stock Exchange, Irish Stock
Exchange, London Stock Exchange and Toronto Stock Exchange.
Pershing LLC (member FINRA/NYSE/SIPC) is a BNY Mellon company.
Additional information is available on pershing.com, or follow
us on Twitter @Pershing.
About BNY Mellon
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 Dec. 31, 2015, BNY
Mellon had $28.9 trillion in assets
under custody and/or administration, and $1.6 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). Learn more at
www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our
newsroom at www.bnymellon.com/newsroom for the latest company
news.
Contacts:
Paul Patella
+1 201 413 3609
paul.patella@pershing.com
Cassandra Osei
+1 201 413 3394
cassandra.osei@pershing.com
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SOURCE BNY Mellon