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Carolyn Weinberg Joins BNY as Chief Solutions Innovation Officer

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BNY (NYSE: BK) has announced the appointment of Carolyn Weinberg as its new Chief Solutions Innovation Officer, effective February 3. Weinberg, who will join the BNY Executive Committee, comes from BlackRock where she served as Chief Product Innovation Officer, leading global product innovation, development, and commercialization.

CEO Robin Vince emphasized that fostering BNY's culture of innovation and curiosity is essential, highlighting Weinberg's extensive experience in product innovation and development. Weinberg's prior experience includes leadership roles at Citibank and Deutsche Bank, where she developed client solutions across risk management, structured financing, and fixed income derivatives.

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Positive

  • Strategic hire of experienced executive from BlackRock to drive innovation
  • Addition of proven leader in product development and commercialization
  • Strengthening of executive team with focus on client-centric solutions

Negative

  • None.

News Market Reaction

+0.53%
1 alert
+0.53% News Effect

On the day this news was published, BK gained 0.53%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Jan. 30, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced the appointment of Carolyn Weinberg as its Chief Solutions Innovation Officer. 

Ms. Weinberg will join the company on February 3 and be a member of the BNY Executive Committee. 

"I am delighted to welcome Carolyn to BNY," said Robin Vince, Chief Executive Officer. "Fostering BNY's culture of innovation and curiosity is essential, and Carolyn's breadth of experience in product innovation, development and commercialization will enhance our ability to quickly grasp and cater to the biggest trends in capital markets." 

"Finding new ways to leverage platforms and data to create client-centric solutions is a growing part of what BNY's strategic pillar – be more for our clients – means," said Ms. Weinberg. "I am excited to be working closely with teams across the company to help imagine and commercialize new products and solutions that meet client needs." 

Ms. Weinberg joins BNY from BlackRock, where she most recently served as Chief Product Innovation Officer and led product innovation, development and commercialization globally for the firm. Earlier in her career, she led Markets businesses at Citibank and Deutsche Bank, where she developed client solutions across risk management, structured financing and fixed income derivatives. 

About BNY 
BNY is a global financial services company that helps make money work for the world – managing it, moving it and keeping it safe. For more than 240 years BNY has partnered alongside clients, putting its expertise and platforms to work to help them achieve their ambitions. Today BNY helps over 90% of Fortune 100 companies and nearly all the top 100 banks globally to access the money they need. 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, and so much more. As of December 31, 2024, BNY oversees $52.1 trillion in assets under custody and/or administration and $2.0 trillion in assets under management. 

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Headquartered in New York City, BNY employs over 50,000 people globally and has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.

Media
Stan Neve
stan.neve@bny.com

Cision View original content:https://www.prnewswire.com/news-releases/carolyn-weinberg-joins-bny-as-chief-solutions-innovation-officer-302363986.html

SOURCE BNY

FAQ

When will Carolyn Weinberg start her role as Chief Solutions Innovation Officer at BNY (BK)?

Carolyn Weinberg will start her role as Chief Solutions Innovation Officer at BNY on February 3, 2025.

What was Carolyn Weinberg's previous position before joining BNY (BK)?

Before joining BNY, Carolyn Weinberg served as Chief Product Innovation Officer at BlackRock, where she led product innovation, development and commercialization globally.

What will be Carolyn Weinberg's role in BNY's (BK) executive structure?

Carolyn Weinberg will serve as Chief Solutions Innovation Officer and will be a member of the BNY Executive Committee.

What is the strategic focus of Weinberg's appointment at BNY (BK)?

Her appointment focuses on leveraging platforms and data to create client-centric solutions, aligning with BNY's strategic pillar of being more for their clients.
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