Form 8-K · Current report
BNY Mellon 8-K, filed Aug 13, 2026
- Filed
- CIK
- 0001390777
- Accession no.
- 0001193125-26-349341
Summary
BNY Mellon's board elected Vikram Malhotra as an independent director effective October 1, 2026, expanding the board to 12 directors, 11 of them independent. Chairman and CEO Robin Vince said Malhotra's four-decade career at McKinsey, including roles in its banking and life insurance practices and on its Shareholders Council, would add value to the board.
Key points
- Malhotra has been a senior partner at McKinsey & Company since 1998 and joined the firm in 1986.
- He has served on the Wharton Advisory Board since 2021 and chaired the Wharton Graduate Executive Board from 2015 to 2021.
- He will receive compensation under BNY's non-management director compensation program.
- BNY reported $62.6 trillion in assets under custody and/or administration and $2.2 trillion in assets under management as of June 30, 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
- 9.01Financial Statements and Exhibits
From the filing
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. …
An excerpt of the text as filed with the SEC, cut for length.
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