"In the coming weeks, we will conclude the work of our Special Committee on Governance at the NYSE. That committee, which I co-chair with Leon Panetta, has reviewed every aspect of the Exchange's governance and will make recommendations to the board for significant reform.
"The board has determined to use its existing structure and has designated me as lead director to oversee this process as we move forward with these reforms.
"The board also reaffirmed its confidence in Robert G. Britz and Catherine R. Kinney, the Exchange's executive vice chairmen, presidents, and co-chief operating officers, who continue to manage the Exchange on a day-to-day basis, reporting to the board."
