BNY Announces Robin Vince as Chairman and Joe Echevarria as Lead Independent Director

BNY, a global financial services company, has announced that Chief Executive Officer Robin Vince 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 serve as lead independent director. This move is seen as a strategic decision to leverage Robin Vince's deep understanding of BNY's business to drive the firm's transformation and manage risk. As the lead independent director, Joe Echevarria will act as a liaison between independent directors and the Chairman and CEO, providing input on behalf of the independent directors on board agendas.

Key Takeaways:

  • Robin Vince, BNY's CEO since August 31, 2022, has been elected as Chairman of the Board of Directors, effective September 1, 2025.
  • Joe Echevarria will serve as lead independent director, acting as a liaison between independent directors and the Chairman and CEO.
  • Robin Vince's responsibilities as Chairman include setting the agenda for the board, driving strategy, and managing risk.
  • BNY's Board of Directors is comprised of a team of experienced professionals, including Robin Vince and Joe Echevarria.
  • The company's leadership team is committed to delivering for clients, embracing new ways of working, and driving growth.

Statistics:

  • As of March 31, 2025, BNY oversees $53.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management.
  • BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators.
  • The company 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 is the partner of choice for over 90% of Fortune 100 companies and nearly all the top 100 banks globally.

Sources:

  • "The Bank of New York Mellon Corporation Announces Leadership Changes." BNY, June 12, 2025.