Press Releases
Mellon Investor Services Names John B. Power as Chief Administrative Officer
JERSEY CITY, N.J., December 6, 2005 — Mellon Investor Services (MIS) has appointed John B. Power as chief administrative officer, responsible for ensuring that MIS' ongoing development plans consistently support the business' growth objectives and produce measurable results for clients.
He brings more than 15 years of financial management experience to this position. Prior to joining Mellon, Power was the chief financial officer of E*Trade Financial's corporate services division and the controller and chief of staff at Bank Julius Baer's Private Bank in New York City. Power has also served as a financial analyst for Spear, Leeds and Kellog, as well as Best Products and RCG Information Technology. Power received a bachelor's degree in finance from Manhattan College and a masters in business administration from Dowling College.
"We are pleased to have John join our MIS organization," said Julian Clark, MIS managing director. "In addition to demonstrating our ongoing commitment to growing and enhancing this business, I am certain that his expertise will help us focus on our growth objectives and initiatives that will add true bottom-line value for our clients."
MIS, a subsidiary of Mellon Financial Corporation, is one of the leading providers of shareholder services and related securities products in North America with approximately 1,300 corporate clients worldwide and 20 million shareholder accounts for small, middle-market and Fortune 500 corporations. Additional information about Mellon Investor Services is available at www.melloninvestor.com.
Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing institutional asset management, mutual funds, private wealth management, asset servicing, payment solutions and investor services, and treasury services. Mellon has approximately $4.5 trillion in assets under management, administration or custody, including