The NASD Board consists of 19 Governors, a majority of whom are from outside the securities industry. Each year the terms of approximately one-third of the Governors expire. Governors are eligible to serve up to two terms on the NASD Board. The Governors elected today by vote of the members and their terms of office are as follows:
John W. Bachmann
(2005-2008)
Senior Partner
Edward D. Jones & Company
Richard F. Brueckner
(2005-2008)
Chief Executive Officer
Pershing LLC
James E. Burton
(2005-2008)
Chief Executive Officer
World Gold Council
Sir Brian Corby
(2005-2008)
Chairman (retired)
Prudential Assurance Company
William H. Heyman
(2005-2008)
Executive Vice President and Chief Investment Officer
The St. Paul Travelers Companies, Inc.
Raymond A. Mason
(2005-2008)
Chairman and Chief Executive Officer
Legg Mason, Inc.
John Rutherfurd, Jr.
(2005-2008)
Chairman and Chief Executive Officer
Moody’s Corporation
In addition to those elected today, the following individuals also serve on the NASD Board of Governors: William C. Alsover, Jr., Chairman, Centennial Securities Company, Inc.; M. LaRae Bakerink, Chief Executive Officer, WBB Securities, LLC; Charles A. Bowsher, Former Comptroller General of the U.S; John J. Brennan, Chairman and Chief Executive Officer, The Vanguard Group; David A. DeMuro, Managing Director, Director of Global Compliance and Regulation, Lehman Brothers, Inc.; Kenneth M. Duberstein, Chairman and Chief Executive Officer, The Duberstein Group, Inc.; Eugene M. Isenberg, Chairman and Chief Executive Officer, Nabors Industries, Inc.; Joel Seligman, Dean, Washington University School of Law,