Bill Daley Exits Post At BNY Mellon -- WSJ
23 Octubre 2019 - 2:02AM
Noticias Dow Jones
By Justin Baer
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (October 23, 2019).
Bill Daley, the former White House chief of staff, has left his
post at Bank of New York Mellon Corp. less than five months after
the bank announced his arrival.
Mr. Daley said Tuesday he made the decision after his former
boss, BNY Mellon CEO Charles Scharf, departed to take the same job
at Wells Fargo & Co. Messrs. Daley and Scharf had previously
worked together at JPMorgan Chase & Co., and the CEO had
brought on his former colleague to oversee BNY Mellon's government
affairs and communications functions.
But with Mr. Scharf's exit earlier this month, "I knew I wasn't
going to stay," he said.
"Bill Daley's departure was expected as Bill joined us a few
months ago largely as an adviser to Charlie," a BNY Mellon
spokeswoman said. "We parted amicably and wish him well in his
future endeavors."
Mr. Daley, whose last day was Friday, has served two former
presidents -- as commerce secretary to Bill Clinton and chief of
staff to Barack Obama. Unlike his father and brother, both former
mayors who ran Chicago for decades, Bill Daley spent most of his
career in private industries including banking and
telecommunications.
He joined JPMorgan in 2004 as vice chairman and Midwest
chairman. The bank merged with Chicago's Bank One Corp. that same
year, adding its future CEO, James Dimon, along with Mr.
Scharf.
Mr. Scharf left JPMorgan to take the CEO post at Visa Inc., then
moved to BNY Mellon in 2017.
Mr. Daley, who lost his own bid for Chicago mayor earlier this
year, reunited with Mr. Scharf at BNY Mellon in June.
Write to Justin Baer at justin.baer@wsj.com
(END) Dow Jones Newswires
October 23, 2019 02:47 ET (06:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Bank of New York Mellon (NYSE:BK)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Bank of New York Mellon (NYSE:BK)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024
