OCC re-elects Donohue as exec chair
12 April 2019 Chicago
Image: Shutterstock
OCC has re-elected Craig Donohue as executive chairman at its annual stockholder meeting for 2019.
The equity derivatives clearing organisation also elected to its board of directors three class III members and two class I public directors.
The newest class III member directors are Kurt Eckert of Wolverine Trading, Jonathan Werts, head of Midwest at Bank of America Merrill Lynch, and William Yates, treasurer at TD Ameritrade.
Susan Lester and Robert Litterman, chairman of Kepos Capital’s risk committee, were also unanimously elected as class I public directors.
All of the above terms are set to expire in 2022.
Commenting on the elections, Donohue said: “The election of these knowledgeable experts from the financial services sector allows OCC to continue its transformation to a systemically important market influencer that ensures confidence in the financial markets and the broader economy.”
The equity derivatives clearing organisation also elected to its board of directors three class III members and two class I public directors.
The newest class III member directors are Kurt Eckert of Wolverine Trading, Jonathan Werts, head of Midwest at Bank of America Merrill Lynch, and William Yates, treasurer at TD Ameritrade.
Susan Lester and Robert Litterman, chairman of Kepos Capital’s risk committee, were also unanimously elected as class I public directors.
All of the above terms are set to expire in 2022.
Commenting on the elections, Donohue said: “The election of these knowledgeable experts from the financial services sector allows OCC to continue its transformation to a systemically important market influencer that ensures confidence in the financial markets and the broader economy.”
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