BNY Mellon Shareowner Services Appoints Lennie Kaufman Manager of Transfer Agent Services in the Central U.S.

JERSEY CITY, N.J., May 27 /PRNewswire/ -- BNY Mellon Shareowner Services, the equity administration business of BNY Mellon, today announced the appointment of Lennie Kaufman as manager of transfer agent services in the central United States.  

Formerly with Wells Fargo, Kaufman will manage and grow BNY Mellon's transfer agent services business in a 17-state region.  Based in Minneapolis, he will manage staff in Chicago, Dallas and St. Louis.

"We see growth opportunity in the central U.S.," said Peter Duggan, Head of Relationship Management at BNY Mellon Shareowner Services.  "Having someone with Lennie's strong credentials and business ownership experience managing our transfer agent services in the region underscores our commitment to providing exceptional service and innovative solutions to our clients."

Kaufman has 25 years of financial services experience, including heading up the transfer agency business at Wells Fargo/Northwestern National Bank of Minnesota.  He has served as board member and president of the Midwest Securities Transfer Association, and board member, vice president, and Executive Committee member with the Securities Transfer Association.  Kaufman holds BBA and MBA degrees from the University of Minnesota.  

Among the largest providers of stock transfer services in the U.S., BNY Mellon Shareowner Services is a world-class provider of corporate equity solutions for more than 2,100 institutional clients representing 35 million shareowner accounts worldwide and greater than 2.7 million optionees and employee stock plan participants.  BNY Mellon Shareowner Services offers a broad suite of products and services ranging from record keeping and corporate actions to demutualization administration, dividend reinvestment plan administration, proxy solicitation and employee stock plan administration. BNY Mellon Shareowner Services is part of The Bank of New York Mellon's Issuer Services group, which is also a leading provider of corporate trust services, serving more than $11 trillion in outstanding debt, and is the market leader in depositary receipts with more than 1,270 sponsored programs. More information about Shareowner Services is available at www.bnymellon.com/shareowner.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.4 trillion in assets under custody and administration, $1.1 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day. Additional information is available at www.bnymellon.com.

SOURCE BNY Mellon

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