Charles F. Lowrey Elected to the Board of Directors of BNY

BNY (NYSE: BK) announced that Charles F. Lowrey was elected to its Board of Directors effective February 15, 2026.

Rhea-AI Summary

BNY (NYSE: BK) announced that Charles F. Lowrey was elected to its Board of Directors effective February 15, 2026. With his addition the Board will total 12 directors, 11 independent.

Mr. Lowrey currently serves as Executive Chairman of Prudential Financial since April 2025, was Prudential CEO from December 2018–March 2025, and previously led PGIM and global real estate businesses. As of September 30, 2025, BNY reported $57.8 trillion in assets under custody/administration and $2.1 trillion in assets under management.

Positive

• Board size increases to 12 directors effective Feb 15, 2026
• Independence: 11 of 12 directors are independent after appointment
• Executive experience: Lowrey served as Prudential CEO Dec 2018–Mar 2025
• Scale: BNY oversees $57.8 trillion AUC/A and $2.1 trillion AUM (Sep 30, 2025)

Negative

• None.

Argus Dec 11 session

+0.25% close to close Open Argus

Details

News Market Reaction – BK

On Dec 11, the day this news came out, BK closed 0.25% above the previous close.

Data tracked by StockTitan Argus for the Dec 11 session.

Market Context

This announcement highlights BNY’s ongoing emphasis on board independence and deep financial service...

Analysis

This announcement highlights BNY’s ongoing emphasis on board independence and deep financial services expertise, with Charles F. Lowrey joining as an independent director, bringing global banking and investment management experience. BNY already oversees $57.8 trillion in assets under custody/administration and $2.1 trillion in assets under management as of September 30, 2025. Investors may watch future disclosures for how refreshed board composition influences strategy and risk oversight over time.

Key Figures

Board size: 12 directors Independent directors: 11 independent Assets under custody/administration: $57.8 trillion +5 more

Board size

12 directors

BNY Board of Directors after Charles F. Lowrey joins

Independent directors

11 independent

Independent members on BNY’s 12-person Board

Assets under custody/administration

$57.8 trillion

As of September 30, 2025

Assets under management

$2.1 trillion

As of September 30, 2025

Fortune 100 coverage

Over 90%

Fortune 100 companies served by BNY

Top global banks

Nearly all top 100

Top 100 banks accessing BNY services

Top pension plans

Over 90% of top 100

Pension plans working with BNY

Current price

$118.38

Pre-news price, up 2.11% over prior close

Historical Context

5 past events · Latest: Dec 08

5 events

1. Dec 08

   AI partnership

   24h Move

   +0.4%

   Google Cloud’s Gemini Enterprise integrated into BNY’s Eliza AI platform.

2. Dec 02

   Fund distribution

   24h Move

   +0.9%

   Municipal Bond Infrastructure Fund declared steady monthly distribution of $0.0420.

3. Nov 26

   Fund distributions

   24h Move

   +0.6%

   Two municipal closed-end funds declared $0.023 monthly distributions per share.

4. Nov 20

   Dividend declaration

   24h Move

   -0.0%

   High Yield Strategies Fund kept monthly dividend at $0.0175 per share.

5. Nov 13

   Digital assets fund

   24h Move

   -1.4%

   Launch of BNY Dreyfus Stablecoin Reserves Fund targeting stablecoin reserves.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

independent director, assets under custody and/or administration, assets under management

3 terms

independent director financial

"has elected Charles F. Lowrey as an independent director, effective February 15, 2026."

An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.

assets under custody and/or administration financial

"BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management."

Assets under custody and/or administration are the financial holdings a bank or services firm physically safeguards (custody) or keeps track of and manages paperwork for (administration) on behalf of clients. Think of custody as a secure vault holding valuables and administration as the record-keeper who tallies transactions and handles statements. Investors watch this number because larger balances usually mean steady fee income, scale advantages and market trust, while declines can signal revenue pressure or client flight.

assets under management financial

"BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 trillion in assets under management."

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Dec. 11, 2025 /PRNewswire/ -- BNY (NYSE: BK), a global financial services company, today announced that its Board of Directors has elected Charles F. Lowrey as an independent director, effective February 15, 2026. With the addition of Mr. Lowrey, BNY's Board of Directors will have 12 directors, 11 of whom are independent.

"We are excited to welcome Charlie to our Board," said Robin Vince, Chairman and CEO of BNY. "His experience leading a publicly traded, global financial institution and his deep expertise across banking, investment management and international operations will be a great asset to our company. I look forward to partnering with Charlie and the Board as we continue unlocking BNY's full potential for our clients and shareholders." 

Mr. Lowrey has served as Executive Chairman of global financial services leader, Prudential Financial, Inc. since April 2025. Mr. Lowrey was previously the company's Chief Executive Officer from December 2018 until March 2025 and Chairman from April 2019 until March 2025. Prior to these roles, he held leadership positions including head of Prudential's International and U.S. businesses, as president and CEO of PGIM, Prudential's global investment management business, and earlier as CEO of its real estate investment business.

Before joining Prudential in 2001, Mr. Lowrey was a managing director and head of the Americas for J.P. Morgan's Real Estate and Lodging Investment Banking group, where he began his investment banking career in 1988 and earlier, was a managing partner of an architecture firm he founded in New York City.

Mr. Lowrey received his Master of Business Administration degree from Harvard University, master's degree in architecture from Yale University and bachelor's degree in architecture from Princeton University.

Media 
Anneliese Diedrichs 
+1 646 468 6026 
anneliese.diedrichs@bny.com

Investors 
Marius Merz 
+1 212 298 1480 
marius.merz@bny.com

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 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 September 30, 2025, BNY oversees $57.8 trillion in assets under custody and/or administration and $2.1 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 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.

 

View original content:https://www.prnewswire.com/news-releases/charles-f-lowrey-elected-to-the-board-of-directors-of-bny-302639304.html

SOURCE BNY

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Charles F. Lowrey join the BNY board (NYSE: BK)?

Charles F. Lowrey is elected effective February 15, 2026.

How will BNY's board composition change after Lowrey's election (BK)?

The board will have 12 directors, with 11 independent members.

What is Charles Lowrey's most recent role before joining BNY's board (BK)?

He has served as Executive Chairman of Prudential Financial since April 2025.

What past leadership roles does Lowrey bring to BNY (NYSE: BK)?

He was Prudential CEO (Dec 2018–Mar 2025) and led PGIM and Prudential international businesses.

What scale of assets does BNY manage that investors should note (BK)?

As of Sept 30, 2025, BNY reported $57.8 trillion in assets under custody/administration and $2.1 trillion in assets under management.

Who can investors contact about BNY's leadership change (NYSE: BK)?

Investor inquiries can be directed to Marius Merz at the phone and email listed by the company.