Computershare continues to hoover up industry talent. Former Cedel executive Phil de Feo, who left the Luxembourg-based ICSD to serve as chairman and chief executive officer of the Pacific Exchange (PCX), has joined the board of directors of the ambitious Australian registrar and transfer agent. He follows Iain Saville, former CEO of UK securities depository CREST.
“Phil knows first-hand the extraordinary quality of the products and services Computershare provides and the value we add for our clients worldwide,” says Computershare CEO Chris Morris. “When we discussed the board appointment, he expressed overwhelming enthusiasm about the opportunity. His contacts in the financial services industry and his experience at the exchange as well as at a number of well-respected and prestigious financial firms will provide Computershare with a perspective that will contribute tremendously to our ongoing success, especially in North America.”
Immediately prior to taking the helm at the Pacific Exchange, DeFeo was president and chief executive officer of Van Eck Associates Corp., a diversified global mutual fund and brokerage company specializing in alternative asset classes. Je joined Van Eck from Cedel, where he was executive vice president and director of marketing and customer service at Cedel International. He has also served as senior vice president and a member of the Operating Committee at FMR Corporation (parent of Fidelity Investments), managing director for Worldwide Equities Operations and Systems at Lehman Brothers, and senior vice president in the International Securities Division at Bankers Trust Company in London. His professional career began at Procter and Gamble, where he managed operations.
Mr. DeFeo graduated with a B.A. in Economics and International Finance from Iona College.
With the addition in January of Iain Saville, the former CEOP of CREST in the United Kingdom, , all major markets in which Computershare operates are now represented on its board of directors.