BNY Mellon Wealth Management names new CEO

BNY Mellon has appointed Donald J. Heberle to be the new CEO of BNY Mellon Wealth Management.

He will succeed current CEO Lawrence Hughes, who has decided to retire from his role as of June 30, 2015.

Since joining BNY Mellon in 1997, Heberle has served in several key leadership roles: executive director of client advice and international wealth management, executive director for the family office and international wealth management businesses, and director of investment strategy for Mellon’s private wealth management group.

Hughes will continue with BNY Mellon in an advisory role within BNY Mellon Investment Management.

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