Shareholders Of The Philadelphia Stock Exchange Elect Nine Governors To Its Board Of Governors

The Philadelphia Stock Exchange (PHLX) announced today the re-election of eight of its Board of Governors and the election of one new governor. The positions were filled at the PHLX’s annual shareholders meeting held yesterday, each for a three-year term. All governor nominees received in excess of 86% of the vote in favor of their election and ran unopposed.

The two member-nominated candidates, I. Isabelle Benton and Kay Evans, were formally nominated for election by a vote of the Exchange membership at the annual members meeting on Wednesday, June 21. Ms. Benton received 76% of the votes cast over her opponent Richard Feinberg. Ms. Evans ran unopposed.

The other seven candidates were nominated for election by the Exchange’s Nominating, Elections and Governance Committee.

Albert S. Dandridge was re-elected as an Independent Governor. Mr. Dandridge is co-chair of the securities practice team and is a member of the business services department in the firm of Schnader Harrison Segal and Lewis LLP.

Ambassador Richard Sklar was re-elected as an Independent Governor. Ambassador Sklar is currently President of the Public Utilities Commission in San Francisco, and from 1997-1999, served as U.S. Ambassador to the United Nations.

Wendy S. White was re-elected as an Independent Governor. Ms. White is Vice President and General Counsel for the University of Pennsylvania and the University of Pennsylvania Health System.

Senator Wyche Fowler was re-elected as an Independent Governor. Senator Fowler is a former U.S. Ambassador to the Kingdom of Saudi Arabia and served for 16 years in the U.S. Congress.
Michael Juneman was re-elected as a Shareholder Governor. Mr. Juneman is responsible for U.S. options exchange operations for Citadel Investment Group.

Gary Yetman was re-elected as a Shareholder Governor. Mr. Yetman is Managing Director, Vice Chairman of Global Equity Financing & Services in the Global Markets & Investment Banking Division of Merrill Lynch.

Kevin Carroll was re-elected as a Shareholder Governor. Mr. Carroll is Vice President of Citigroup Derivatives Markets Inc. in Philadelphia.

I. Isabelle Benton was re-elected as a Member Governor. Ms. Benton is a partner of Benton Partners II and has been an Exchange member since 1984.

Kay Evans was elected as a Designated Independent Governor. Ms. Evans has most recently served as the System Executive Director at the Maine State Retirement System (MSRS) which provides retirement and related benefit programs and has an investment portfolio of $8 billion.

The Philadelphia Stock Exchange was founded in 1790. The PHLX trades 1,943 stocks, 2,231 equity options, 19 sectors index options and currency options and futures. For more information about the PHLX and its products, visit www.phlx.com.