The Options Clearing Corporation has added two members to its board of directors: Public Director Rachelle Keller, former financial executive, and Exchange Director Mike West, Head of Operations at the New York Stock Exchange (NYSE). Keller has more than 30 years of experience in the financial services industry. In addition to senior roles at Citibank, NA, Keller held senior roles at other market-leading firms, including Chief Financial Officer of Treasury and Securities Services at JPMorgan Chase & Co. West has more than 30 years of experience in U.S. equities operations and trading systems. In his current role, he leads business operations for the NYSE’s five equity and two options exchanges, in addition to the Global OTC, NYSE Bonds, FINRA-NYSE Trade Reporting Facility and Security Information Processor products.
Temenos has hired Barb Morgan as chief product and technology officer, replacing Prema Varadhan. Morgan has over 25 years leading digital transformation initiatives, with expertise spaning strategic growth and innovation across financial services, insurance, technology, healthcare, manufacturing, aerospace, and energy sectors. Morgan arrives at Temenos after a one-year stint as group head of product, data and analytics at the London Stock Exchange. Previous posts include CTO at InsurTech SaaS business Itel, and tech and product roles at FIS.
Trish Foshée, the longtime president and CEO of the Institute for Financial Markets (IFM), will retire at the end of 2024. Foshée has led the IFM for nearly 17 years and held successive positions within the organization for more than seven years prior. IFM is an affiliate of FIA and is its educational foundation.
Morgan Stanley’s Chief Executive Officer Edward Pick was elected by the Board of Directors to the additional position of Chairman, effective January 1, 2025. James Gorman will step down as Chairman and leave the Board as expected at the end of 2024. Gorman will also retire from employment at Morgan Stanley and be named Chairman Emeritus at that time.
BlockFills, a digital assets technology and trading firm for institutions and professional traders, has announces the appointment of Amy Shelly as Chief Financial Officer and promotion of Neil Van Huis to Chief Strategy Officer. Shelly has more than three decades of financial services management experience, including recently serving for six years as CFO for the Options Clearing Corporation (OCC). Van Huis has been a Director of BlockFills since its 2018 inception.
Jason Dubinsky, Morningstar’s chief financial officer, will step down from his role at the end of the year to pursue other interests. Dubinsky joined Morningstar in 2017 and has been the firm’s chief financial officer for over seven years—a period in which the company’s value tripled and its revenue, operating profit, and cash flow have more than doubled.
EquiLend, a provider of technology, data, and analytics solutions for the securities finance industry, has appointed Rich Grossi as its new Chief Executive Officer. Most recently, Grossi served as the Chief Executive Officer of ION Corporates, a suite of trading, risk management, and workflow automation solutions. Prior to that, Grossi held various leadership positions at OpenLink, where he served as Chief Executive Officer, Chief Financial Officer, Chief Product and Technology Officer, and Executive Vice President of Global Operations.
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