Ms. Karen B. Peetz has been the President of The Bank of New York Mellon Corporation since January 01, 2013 and serves as its President of BNY Mellon NA. Ms. Peetz served as the Chief Executive Officer of BNY Mellon’s Issuer, Treasury & Broker Dealer Services since July 2008.
She was Chairman of the Pennsylvania State University’s Board of Trustees when the Consent Decree with the NCAA was signed. Ms. Peetz has a Bachelor of Science from Pennsylvania State University and a Master of Science from Johns Hopkins University.
Bank of New York Mellon will pay $714 million to settle state and federal charges that it engaged in a scheme to defraud clients by systematically adding hidden spreads to foreign currency trades executed on their behalf, government prosecutors announced Thursday.
BNY Mellon, based in New York, “admitted the factual details of its fraud” and will fire certain executives involved in the fraud, including the head of products management, David Nichols, who was named as a defendant in the federal lawsuit, according to New York’s attorney general and the U.S Attorney’s office in Manhattan. The trust and custody giant also will “reform its practices to improve and increase the information it provides to its customers,” the joint release said.
BNY Mellon had foreshadowed the settlement last month in a Securities and Exchange Commission filing in which it said it was revising fourth-quarter earnings downward by $598 million to account for the anticipated deal.
State and federal fraud charges in the matter were filed in 2011. A former currency trader for BNY Mellon in Pittsburgh, Grant Wilson, was previously identified as a whistleblower in the case.
Total Calculated Compensation 5,532,958
She is connected to 225 board members in 6 different organizations across 7 different industries
I would like to take this opportunity to encourage you to be a part of this year’s board of trustee elections. Many challenges lie ahead in these economic times, including slashes in funding from the state which results in higher tuition costs for the next generation. Navigating a path through what is necessary and in the best interests of the state, it’s citizens, and the university is of utmost importance. Economic concerns as well as serving as a moral standard bearer and educational example and leader for the local, state, and national communities all must be top priorities. Being Penn State Proud is more than a slogan–it is a tradition and responsibility we all uphold. When we say “We Are Penn State”–we speak as acommunity who stands as one voice.
The Alumni Office at Penn State has sent you a link to place a name in nomination for election to the board. If you are not a member of the Alumni Association or a contributor to the Penn State Fund, you must request a ballot by sending your full name, year of graduation, major, address and current email, so that the alumni office can verify your eligibility to vote. You can send that information to firstname.lastname@example.org and they will send you an email letting you know that you are verified as bona fide PSU graduate. Please share this information with other PSU graduates you know.
If you have any questions, please feel free to contact me at PennStateMyke@aol.com.
Thanks you in advance for being involved.
In support of the Blue and White,
Myke Atwater Triebold PSU, class of ’72 (B.S., Health & P.E) & ’82 (A.T.,C, Sports Medicine)
I am asking for your help in placing my name in nomination for the 2013 election!
More than 35,000 Penn State graduates had voted in the race for three trustees seats as of early Wednesday. Voting closes at 9 a.m. today. Penn State spokesman David La Torre said ballots will be tabulated after voting closes. The university hired KPMG, an international auditing company, to oversee that process. Results will be announced during the trustees meeting, which starts at 1:30 p.m. Friday in the Nittany Lion Inn. Each year, three of the board’s nine alumni seats are up for election. An unprecedented 86 candidates are running in this year’s race. The meeting will be streamed live at www.centredaily.com.
Eighty-six are seeking election to membership positions for three-year terms beginning July 1, 2012. Only three candidates are elected annually, and YOUR VOTE WILL COUNT. Myke Atwater Triebold is #60–sixty–on the ballot, and I would appreciate your support!!
Voting begins on April 10, 2012 and the voting web site will open at that time; voting will close on May 3, 2012, at 9:00 a.m (DST).
An email containing voting credentials will be provided automatically to alumni who are members of the Penn State Alumni Association, or alumni who have been members or contributed to the Penn State Fund within the past two years. However, all alumni are encouraged to participate—to receive a voting link and credentials, contact the Board of Trustees Office at BOT@psu.edu and provide your full name (at time of graduation), year of graduation, college/major, current mailing address and current e-mail address.
If you are a member of the alumni association and have not received your nomination ballot in an email, do the following:
Alumni trustees are elected, three each year for three-year terms, by the following procedure: On or before January 15 each year, nominating ballots are sent (1) to all alumni of the University who have, within two years prior to March 1 of each year, been either active members of the Penn State Alumni Association or contributors to the Penn State Fund, or (2) to any other alumni who make a request in writing for a ballot. (Alumni can request a ballot by sending an e-mail to BOT@psu.edu and provide the following: complete name; year of graduation; college/major; current e-mail and home addresses.)
I would appreciate your support by your naming me on your ballot. Thank you in advance.