Hassell, Chairman of BNY Mellon's Board of Directors, said, "Today's announcement is the culmination of the Board of Directors' robust and long-term succession planning process.
as Chief Financial Officer and Chief Executive Officer of the retail division, and previously at Citigroup and its predecessor companies, serving as Chief Financial Officer of the Global Corporate and Investment Bank immediately prior to joining Bank One.
With Charlie at the helm, I know the future of the company is in good hands, and I look forward to working with him to ensure a seamless transition." Charles W.
Scharf said, "I am honored to have been selected and am looking forward to working with the senior management team, the Board of Directors, and all of the employees at BNY Mellon.
I couldn't be more excited to be part of the company's future." BNY Mellon will host an investor and media audio webcast today, July 17, at 4 p.m.