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Corporate Board Member Hires Senior Vice President & Managing Director Of Board Services - Michael J. Ryan, Jr. To Head NYSE Board Education Program

Date 01/06/2011

Corporate Board Member, a wholly owned subsidiary of NYSE Euronext (NYX), has named Michael J. Ryan, Jr. as Senior Vice President & Managing Director of Board Services. Ryan will be responsible for heading the recently launched NYSE Board Education Program and other board service offerings.

Prior to joining Corporate Board Member, Ryan served as President & Chief Operating Officer of PROXY Governance, Inc. (PGI) and was a member of the firm’s Board of Directors.  Mr. Ryan is a seasoned executive with a long career in capital markets compliance and policy, having positions in both accounting and law and having served both in government and the private sector. Previously, he served as senior vice president and executive director of the U.S. Chamber of Commerce's Center for Capital Markets Competitiveness and as executive director of the U.S. Chamber's bipartisan and independent Commission on the Regulation of U.S. Capital Markets in the 21st century.  Mr. Ryan has also served as executive vice president and general counsel and a member of the Office of the Chairman of the American Stock Exchange and as counsel to the chairman of the National Association of Securities Dealers, Inc. (n/k/a FINRA).  He also worked for the U.S. Securities and Exchange Commission in the Divisions of Market Regulation and Corporation Finance and, prior to attending law school, as a senior accountant with Price Waterhouse & Co. 

“Having served on and consulted for several boards, Mike possesses a keen understanding of the governance environment and education needs for directors,” stated TK Kerstetter, President of Corporate Board Member. “The role of the board has never been more challenging. We are excited to have Mike on our team as we feel his expertise will enhance our ability to be the leading resource for the director constituency on strategic and corporate governance issues.”

“I am very excited to be leading the NYSE’s new board education program and offering issuers and directors quality, flexible and efficiently-delivered educational services” said Ryan.   “Changes over the past decade – including the Sarbanes-Oxley and the Dodd-Frank Acts – have imposed new and prescriptive obligations on public company directors.  Properly understood and applied, these changes can serve the best long-term interests of the corporation and its shareholders.  Leveraging the NYSE’s expertise in this area will allow management and directors to remain focused on addressing the many opportunities and challenges their companies face.”

On June 7th at 11:00 a.m. ET, Kerstetter, Ryan and Scott Cutler, Executive Vice President, NYSE Euronext, will host a free webinar outlining the details of the Board Education Program. The webinar will feature a live Q&A session to answer any questions about the program. To register for the webinar, visit: www.boardmember.com/education.aspx.