AI English summary of an SEC filing — figures as filed

The company said that the 5 leadership changes it announced on September 10, 2024 will all take effect on October 1, 2024. The officers will serve for the term provided in the company's By-laws.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Sep 10, 2024Period of report Sep 10, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

The company said that the 5 leadership changes it announced on September 10, 2024 will all take effect on October 1, 2024. The officers will serve for the term provided in the company's By-laws.
The company said Peter B. Cherecwich, currently President – Asset Servicing, will become Chief Operating Officer. The press release said the newly created role will focus on operational excellence and resiliency, risk management and controls, and scalable growth.
The company said Jason J. Tyler, currently Chief Financial Officer, will become President – Wealth Management, and David W. Fox, Jr., currently President – Global Family & Private Investment Offices, will become Chief Financial Officer.
The company said Teresa A. Parker will become President – Asset Servicing and Steven L. Fradkin will become Vice Chairman. The press release said Parker will defer her previously announced retirement.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Leadership Changes Effective October 1, 2024

The company said that the 5 leadership changes it announced on September 10, 2024 will all take effect on October 1, 2024. The officers will serve for the term provided in the company's By-laws.

Source · Based on the filing body and exhibits

Cherecwich Named Chief Operating Officer

The company said Peter B. Cherecwich, currently President – Asset Servicing, will become Chief Operating Officer. The press release said the newly created role will focus on operational excellence and resiliency, risk management and controls, and scalable growth.

Source · Based on the filing body and exhibits

Tyler and Fox Move to Wealth Management and Finance Roles

The company said Jason J. Tyler, currently Chief Financial Officer, will become President – Wealth Management, and David W. Fox, Jr., currently President – Global Family & Private Investment Offices, will become Chief Financial Officer.

Source · Based on the filing body and exhibits

Parker and Fradkin Role Changes

The company said Teresa A. Parker will become President – Asset Servicing and Steven L. Fradkin will become Vice Chairman. The press release said Parker will defer her previously announced retirement.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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