EX-99.1 2 d342446dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Vikram Malhotra Elected to the Board of Directors of BNY NEW YORK, Aug. 13, 2026 /PRNewswire/ - The Bank of New York Mellon Corporation (“BNY”) (NYSE: BNY), a global financial services company, today announced that its Board of Directors has elected Vikram “Vik” Malhotra as an independent director, effective October 1, 2026. With the addition of Mr. Malhotra, BNY’s Board of Directors will have 12 directors, 11 of whom are independent. “We are pleased to welcome Vik to our Board,” said Robin Vince, Chairman and CEO of BNY. “Over the course of his four-decade career at McKinsey, Vik has advised CEOs and boards on some of their most consequential strategic, organizational and growth priorities, while also holding a number of significant leadership and governance roles within the firm. His experience across banking and financial services, combined with his global perspective, will add tremendous value to our Board as we continue reimagining BNY.” Mr. Malhotra has been a senior partner at McKinsey & Company (“McKinsey”) since 1998. Throughout Mr. Malhotra’s time at McKinsey, which he joined in 1986, he has held numerous l…
Open exhibit ↗Current Report · Items 5.02, 9.01 · 8-K
Bank of New York Mellon Corporation
BKNYSEEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) On August 11, 2026, the Board of Directors (the “Board”) of The Bank of New York Mellon Corporation (the “Company”) elected Vikram Malhotra as an independent member of the Board, effective October 1, 2026. With the election of Mr.…
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On August 11, 2026, the Board of Directors (the “Board”) of The Bank of New York Mellon Corporation (the “Company”) elected Vikram Malhotra as an independent member of the Board, effective October 1, 2026. With the election of Mr. Malhotra, the Company’s Board will consist of 12 directors. Mr. Malhotra will receive customary compensation from the Company for serving as a director in accordance with the non-management director compensation program as described in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 5, 2026. A copy of the Company’s press release relating to the election of Mr. Malhotra as a director is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.