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Bank of New York Mellon Corp.

The Bank of New York Mellon Corporation Announces CEO Robin Vince as Chairman

Strategic Insights

— 2 min read

The Bank of New York Mellon Corporation ("BNY") has announced the election of Chief Executive Officer Robin Vince to the additional position of Chairman, succeeding Joe Echevarria, who will take on the role of lead independent director. This move comes after Vince's nearly three years of leadership, during which he has demonstrated a rigorous approach to strategy and execution. As Chairman, Vince will lead the work to set the agenda for the board, leveraging his deep understanding of BNY's business to continue the firm's transformation, drive strategy, and manage risk.

Key Takeaways:

  • Robin Vince, CEO of BNY, has been unanimously elected by the Board of Directors to the additional position of Chairman, effective September 1, 2025.
  • Joe Echevarria, the current Chairman, will take on the role of lead independent director, effective September 1, 2025, and will act as a liaison between independent directors and the Chairman and CEO.
  • As Chairman, Robin Vince will lead the work to set the agenda for the board, leveraging his deep understanding of BNY's business to continue the firm's transformation, drive strategy, and manage risk.
  • BNY oversees $53.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management, as of March 31, 2025.
  • Robin Vince joined the Board of Directors of BNY and became Chief Executive Officer on August 31, 2022.
  • Joe Echevarria previously held the lead independent director role from 2016 to 2019.
  • BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.

Statistics:

  • As of March 31, 2025, BNY oversees $53.1 trillion in assets under custody and/or administration.
  • BNY manages $2.0 trillion in assets under management, as of March 31, 2025.
  • The Bank of New York Mellon Corporation has been in operation for over 240 years.
  • BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals.
  • BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need.

Sources:

  • Securities Exchange Act of 1934
  • Fortune's World's Most Admired Companies
  • Fast Company's Best Workplaces for Innovators
  • Bank of New York Mellon Corporation Annual Report on Form 10-K for the year ended December 31, 2024
  • Bank of New York Mellon Corporation Quarterly Report on Form 10-Q for the quarter ended March 31, 2025

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