NYSE Issues 2004 Annual Report And Proxy Statement To Members For Annual Meeting And Election

The New York Stock Exchange today issued its 2004 annual report and mailed its proxy statement to members for the April 7 annual meeting and election. The annual report, which includes 2004 financial results, and the proxy statement are available on nyse.com. In addition to presenting several amendments to the Exchange’s Constitution and Certificate of Incorporation, the proxy statement includes the list of nominees for the NYSE’s Board of Directors.

Standing for election to the NYSE’s Board of Directors are incumbent nominees: Herbert M. Allison, Jr, Chairman, President and CEO, TIAA-CREF; Marshall N. Carter, retired Chairman and CEO, State Street Corporation; Shirley Ann Jackson, President, Rensselaer Polytechnic Institute; James S. McDonald, President and CEO, Rockefeller & Co., Robert B. Shapiro, former Chairman of Pharmacia Corporation and former Chairman and CEO of Monsanto Company; Dennis Weatherstone, retired Chairman, J.P. Morgan & Co., and Edgar S. Woolard, Jr., former Chairman and CEO, DuPont. New nominees are: Ellyn L. Brown, President, Brown & Associates and former Maryland Securities Commissioner; Alice M. Rivlin, former Vice Chairman of the Federal Reserve Bank and Budget Director in the Clinton Administration; and Karl M. von der Heyden, former PepsiCo Vice Chairman.

A candidate proposed by a petition of members associated with The Exchange Members Association, Inc., an incorporated organization of NYSE lessor-members, is not listed in the proxy statement. The Board of Directors determined that the candidate was not independent within the meaning of the Exchange’s Constitution and the Board of Directors Independence Policy. A determination of independence by the Board is a requirement for eligibility for election.

“This is a strong slate of candidates to move the NYSE forward,” said NYSE Chairman John S. Reed. “The Exchange will benefit by having a Board free of conflicts that is dedicated to promoting the long-term interests of all its constituents, first and foremost the investing public.”

Download 2005 NYSE Proxy