From The Toronto Globe Mail: Robert Kelly, one of the most prominent Canadians in global banking, has walked away from his job as chief executive officer of Bank of New York Mellon (BK-N20.67-0.15-0.72%), which cited differences in opinion about how the bank should be managed.
In a sign of how hastily the decision appears to have been made, BNY Mellon issued a statement late Wednesday that its president Gerald Hassel, a board member since 1998, would be stepping in immediately to serve as the new CEO.
Mr. Kelly, 57, a former top executive at Toronto-Dominion Bank, left BNY Mellon “by mutual agreement with the board of directors,” the bank said in a statement. The move was the result of “differences in approach to managing the company.”
“We are grateful to Bob Kelly for his leadership….yaddah yaddah..
For more check out http://www.theglobeandmail.com/report-on-business/international-news/us/kelly-leaves-bny-mellon-by-mutual-agreement/article2149359/
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