For years at Bank of New York Mellon Corp., John A. Fiore has come up with technology solutions to benefit its customers and global team.
Now he will oversee all of its information and technology initiatives. The company announced Thursday he was promoted to chief information officer.
In his new role, he leads the company's global information technology efforts, including implementation of technology strategy, application development and technology infrastructure. Fiore, 58, is a member of BNY Mellon’s [BK] global operating committee and reports to Kurt D. Woetzel, head of global operations and technology.
Fiore, who has worked for the company since 2005, was chief investment officer for application development and focused on development of technology products and services or BNY Mellon’s businesses globally. Before that, he was an executive vice president and CIO for its investor services technology.
Before being hired by BNY Mellon, he was an independent consultant and advisor to several financial services companies, venture capital firms and some early-stage technology companies. He was a member of the advisory board of Revivio, before if was acquired by Mountainview, Calif.-based Symantec. He also was CIO of State Street Corp. and a partner within the technology practice of Coopers & Lybrand.
"Throughout his career, John has played key roles in the development and deployment of innovative, powerful business applications that directly benefit clients around the world," Woetzel said. "He is a proven leader with a strong track record of assembling and managing diverse teams that design quality technology solutions focused on critical market segments and our own internal competencies."
* * *
Also on the move this week:
BNY Mellon Wealth Management, a division of BNY Mellon, hired Jay Tejera as a senior director of portfolio management for the Pacific Northwest. He was a senior regional investment manager for Wells Fargo Bank [WFC] in Seattle. BNY Mellon also hired Brandt McGettrick, Judith Rowland and Craig Slater to join its expanding business development team for the greater Boston region. McGettrick was vice president of client management at Calibre Advisory Services in Waltham, Mass.; Rowland was vice president and relationship manager in the wealth management unit of Wachovia Bank; and Slater was a managing partner at Archway Private Client Group, a firm he co-founded in 2006.
Janney Montgomery Scott in Philadelphia hired former Bear Stearns executives Brent Giese and James Stauss to lead Janney's newly created whole loan initiative. Giese had been a managing director and head of Bear Stearns' mortgage origination group. Stauss was vice president of institutional sales at Raymond James & Associates. Janney also hired Katrina Griessmas as director of fixed income sales in its Atlanta office.
Lincoln Financial Advisors, a division of Philadelphia-based Lincoln Financial Group, named Beth Monge a managing principal of its Minneapolis regional planning office. Monge will recruit, coach and develop Lincoln-affiliated financial planners throughout the Minneapolis and St. Louis areas.
NewOak Capital, which is based in New York City, appointed Donald H. Layton a senior advisor and co-chairman of its investment committee. In that role, he will develop the firm’s equity vehicles for bank recapitalization investments. Layton was chairman and chief executive officer of E-Trade Financial Corp. [ETFC] He retired from E-Trade in December.
Northern Trust Corp. [NTRS] announced that Harold B. Smith and Arthur L. Kelly will step down from the Chicago-based company's board of directors. Smith, a director since 1980, is chairman of the executive committee of Illinois Tool Works in Glenview, Ill. He also was a director of Chicago-based W.W. Grainger, and was a trustee of Milwaukee-based Northwestern Mutual Life Insurance. Kelly is a managing partner of KEL Enterprises, and was president of LaSalle Steel Co.