Gerald L. Hassell (born 1952) is an American bank executive and is the former

Chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group ...

and

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

The Bank of New York Mellon The Bank of New York Mellon Corporation, commonly known as BNY Mellon, is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Finan ...

Career

Gerald Hassell joined the Bank of New York in 1973 when he was only 21 years old as a management trainee, and has held various positions in the credit and corporate banking divisions. He was involved in the formation and operation of the bank's Communications, Entertainment & Publishing Division, and had responsibility for strategic planning and administrative services. Prior to his appointment as president and director in 1998, during which he replaced

Tom Renyi Tom Renyi (born 1947) is the former Chairman and Chief Executive Officer (CEO) of the Bank of New York Company, a position he held since 1997. He is also the former Executive Chairman of The Bank of New York Mellon Corporation, following BNY and M ...

who went on to become

of the bank, Hassell was a senior executive vice president and chief

commercial banking A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with c ...

officer. He was also a member of the bank's Senior Policy Committee. He retained the presidency on the merger with Mellon and in 2011 became chairman and chief executive officer, stepping down as president in 2012. Hassell remained CEO until Charles Scharf replaced him in July 2017 and will step down as chairman at the beginning of 2018. He is a member of The Financial Services Roundtable and Financial Services Forum; a member of the board of Private Export Funding Corporation

Personal

Hassell received a BA degree in

Economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics anal ...

from

Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist Jam ...

in 1973 and an

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of f ...

from the

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then- Secretary of the Treasury Albert Gallatin. In 1832, th ...

Stern School of Business The New York University Leonard N. Stern School of Business (commonly referred to as NYU Stern, The Stern School of Business, or simply Stern) is the business school of New York University, a private research university based in New York City. I ...

. Hassell is married to Anita-Agnes. They have two children.

Philanthropy

In 2012, Hassell and his wife, Anita-Agnes, donated $4 million to Duke University. He is the former chairman of the Board of Visitors of The Fuqua School of Business at Duke University; and Vice Chairman of Big Brothers/Big Sisters of New York.

References

{{DEFAULTSORT:Hassell, Gerald 1952 births Living people BNY Mellon Duke University Trinity College of Arts and Sciences alumni New York University Stern School of Business alumni

Career

Personal

Philanthropy

See also

References