management committee

Michael Bodson

Michael C. Bodson President and Chief Executive Officer, DTCC; President and Chief Executive Officer of DTC, FICC and NSCC

Michael C. Bodson is President and Chief Executive Officer of DTCC. He is also President and Chief Executive Officer of DTCC’s principal operating subsidiaries, DTC, FICC and NSCC, and a member of DTCC’s board of directors.

In his prior position as DTCC’s Chief Operating Officer, Bodson had enterprise-wide responsibility for all Information Technology and Operations and oversaw DTCC Deriv/SERV LLC and EuroCCP. He previously served as Chairman of various DTCC subsidiaries, including Deriv/SERV and Omgeo.

Bodson joined DTCC in 2007 as Executive Managing Director for Business Management and Strategy. Prior to this, he held a number of senior management positions with Morgan Stanley over a 20-year period. In his last position at Morgan Stanley, Bodson was Global Head of the Institutional, Retail and Asset Management Operations department. He previously served as Divisional Operations Officer for the Institutional Securities Group and Head of the Enterprise Information Group. He served as Head of Finance, Administration and Operations for Morgan Stanley Japan in Tokyo, and prior to that, he held similar responsibilities for Morgan Stanley Asia in Hong Kong.

Bodson is a CPA and graduated magna cum laude from Boston College. He currently is a member of the Board of Digital Asset Holdings and is a trustee on the Financial Services Governors for the World Economic Forum.

Paula Arthus

Paula S. ArthusManaging Director, Head of Omgeo and Data Services

Paula S. Arthus is Managing Director and Head of Omgeo and Data Services. As President and CEO of Omgeo, a wholly owned DTCC subsidiary, Arthus leads day-to-day operations and new-business and product development for the firm, as well as manages the company’s relationship with the Omgeo board of managers. In addition to leading Omgeo, she is responsible for overseeing key DTCC data businesses, including the Global Markets Entity Identifier, Soltra® and DTCC’s emerging Data Products business.

Arthus was most recently Managing Director, Chief of Staff and Head of Enterprise Planning at DTCC, a position she held until early 2014. During that time, she oversaw the company’s business planning, new-initiatives approval process, enterprise program management, and coordination and programming for the DTCC board of directors. She served as Vice Chair of DTCC’s Diversity and Inclusion Council from 2009 to 2014.

Arthus has held several other senior positions since joining DTCC in 2005 and was a member of the Omgeo board of managers from 2008 to 2011. Prior to joining DTCC, she had a long and successful career at JPMorgan Chase, including senior leadership roles in IT and heading up the investment management operations insourcing business.

Susan Cosgrove

Susan CosgroveManaging Director, Chief Financial Officer

Susan Cosgrove is Managing Director and Chief Financial Officer, leading DTCC’s global finance and treasury teams and overseeing the company’s efforts to further strengthen its financial processes and capital position. She is also responsible for procurement, real estate, corporate services and location strategy.

Cosgrove was previously Managing Director and General Manager of Settlement and Asset Services, overseeing all depository businesses. Prior to this role, she was the General Manager for DTCC’s Equity and Fixed Income Clearing Services. Cosgrove is a member of DTCC’s Management Committee, and she is Co-chair of the New Initiatives Committee. She also serves as a member of the board of directors for Deriv/SERV, Omgeo and, a not-for-profit organization leading collaboration between business and education communities.

Prior to joining DTCC in 1999, she served as a Senior Vice President at Lehman Brothers in charge of Audit and Compliance for the company’s Americas division. Before Lehman, she worked at Maxcor Financial Group for 10 years as Chief Financial Officer and Head of Compliance. Cosgrove began her career as a Senior Auditor for PricewaterhouseCoopers in its Financial Services Group.

Robert Garrison

Robert GarrisonManaging Director, Chief Information Officer

Robert Garrison is DTCC's Managing Director and Chief Information Officer, with enterprise-wide responsibility for the ongoing development and testing of all the technology that supports DTCC’s post-trade infrastructure, communications networks, processing and messaging systems, and IT applications underlying DTCC’s broad range of products and services.

Garrison became CIO in July 2011. Prior to joining DTCC in October 2010 as a Managing Director and Chief Development Officer of the Information Technology division, Garrison spent 25 years at Morgan Stanley working in various senior technology-leadership positions.

Andrew Gray

Andrew GrayManaging Director, Group Chief Risk Officer

Andrew Gray is Managing Director, Group Chief Risk Officer, with global responsibility for all aspects of DTCC’s Risk Management, including Credit, Market & Liquidity Risk; Operational Risk Management and Systemic Risk; Information Security and Technology Risk Management; Business Continuity Management; and Global Security Management. Gray also has responsibility for DTCC’s Enterprise Data Management program. Prior to this role, Gray served as Managing Director, Core Business Management, with overarching responsibility for DTCC's businesses, including Clearance and Settlement of Equities and Fixed Income products, Asset Services, Wealth Management Services, Insurance & Retirement Services, Omgeo and Data Services, as well as the firm's Marketing & Communications function. Gray serves on the supervisory board of EuroCCP NV (the largest cash equities clearing firm in Europe) and on the board of the International Securities Services Association.

Before joining DTCC in September 2009, Gray spent more than a decade with Merrill Lynch. Most recently, he served as Managing Director and Chief Operating Officer for Merrill’s Latin American and Canadian businesses. Prior to that, he was a Managing Director in Strategy and Business Development for Merrill’s Global Markets and Investment Banking businesses and for Global Securities Research & Economics. Previously, Gray was a principal at Booz-Allen Hamilton, the global management consulting firm.

Timothy Keady

Timothy KeadyManaging Director, Chief Client Officer

Timothy Keady is Chief Client Officer for DTCC. In this role, he is responsible for the delivery of world-class services and support to the company’s global client base and for driving increased enterprise-wide client value across all services. He plays an integral role in ensuring that evolving client needs are aligned with the future development of DTCC solutions.

Prior to his current role, Keady was Managing Director of Sales & Solution Delivery for Omgeo, overseeing the Sales, Relationship Management, Global Partners, Global Marketing, Sales Planning & Execution and Integration teams. During his 20-year career in financial services, he has created multiple programs, products and initiatives that have successfully secured strategic partnerships, streamlined processes for maximum efficiency and penetrated new, international markets for Omgeo’s products and services. He has consistently played a key role in recognizing customers’ needs and aligning them with revenue-enhancing solutions worldwide.

Before joining Omgeo, Keady was an account executive at Thomson Financial ESG. He has also held sales positions at Fidelity Investments Institutional Services Co. and Keystone Mutual Funds.

Donna M. Milrod

Donna M. MilrodManaging Director, Head of DTCC Solutions

Donna M. Milrod is Managing Director and Head of DTCC Solutions, Chairman of the Board of DTCC Deriv/SERV LLC and Chairman of the Omgeo board of managers. As Head of DTCC Solutions, Milrod has overarching responsibility for Omgeo; DTCC’s Global Trade Repositories (GTR); Data Services, which encompasses Global Markets Entity Identifier (GMEI), Avox® and Soltra®; Clarient™ and DTCC-Euroclear GlobalCollateral Ltd. These businesses deliver innovative post-trade processing solutions via an industry-owned and industry-governed utility model. In addition to her business role, Milrod also leads DTCC’s Global Strategy and Business Development function. Prior to this, Milrod served as Managing Director and Chief Administrative Officer.

Milrod previously served as Deputy CEO of Deutsche Bank North America (DBA) from 2009 to October 2012. Prior to that, she was head of DBA’s Regional Oversight & Strategy Group and also held a number of other senior positions at the firm, including Assistant Treasurer of the Americas.

Milrod is a member of the board of directors of Cabela’s Inc. and also a member of the boards of the Governors Island Alliance and the Partnership Fund for New York City. She also serves on the Advancement Committee of the Smith College Board of Trustees and on the President’s Council of Smith College. She is a member of the Council on Foreign Relations, as well as the Economic Club of New York, and was selected as a David Rockefeller Fellow in 2009.

Milrod received her master’s degree in business administration from Columbia University and her bachelor’s degree from Smith College.

Anthony Portannese

Anthony PortanneseManaging Director, Human Resources

Anthony Portannese is Managing Director of Human Resources for DTCC and a member of DTCC’s Executive Committee and Operating Committee. He is responsible for leading all global human resources activities, including the planning, design and delivery of corporate compensation and benefit programs, executive compensation programs, employee relations, talent strategies and diversity.

Portannese joined The Depository Trust Company (DTC) in 1981. During his career at the company, he has held numerous leadership roles within Human Resources, Operations, Real Estate and Corporate Services. He was promoted to Managing Director in 2005 and serves on the board of the Borough of Manhattan Community College Foundation.

Murray Pozmanter

Murray PozmanterManaging Director, Head of Clearing Agency Services and Global Operations and Client Services

Murray Pozmanter is Head of Clearing Agency Services and Global Operations and Client Services. He has responsibility for the development and marketing of products and services related to DTCC's post-trade processing of transactions across DTC, NSCC, and FICC. In addition, Pozmanter oversees DTCC’s Global Operations and Client Services teams.

Prior to joining DTCC in 2007 as Managing Director, Pozmanter was at Nomura Securities for 18 years, where the last position he held was Managing Director and Head of U.S. Operations. At Nomura, Pozmanter was responsible for all fixed-income, equity and derivatives operations for all U.S. subsidiaries of Nomura Holding America. Before joining Nomura, Pozmanter spent six years at Salomon Brothers Inc.

He is a member of the Treasury Market Practices Group, as well as SIFMA’s Funding Division Executive Committee and Operations and Technology Steering Committee. He has also been a member of DTCC’s Operations Advisory Committee.

Larry E. Thompson

Larry E. ThompsonVice Chairman of DTCC, General Counsel

Larry E. Thompson is Vice Chairman and General Counsel of DTCC. As Vice Chairman, Thompson serves as a senior adviser to the organization with responsibility for engagement with the global regulatory community and senior policymakers on relevant business issues impacting the company. As General Counsel, Thompson is responsible for all legal and regulatory activities of DTCC and its subsidiaries, with oversight of the Legal, Compliance, Government Relations and Regulatory Relations departments. Thompson is the former Chairman of DTCC Deriv/SERV LLC and continues to serve as a board member of DTCC Deriv/SERV LLC. Thompson is Chairman of the DTCC Operating Committee.

Thompson began his legal career with The Depository Trust Company (DTC) as Associate Counsel in 1981. He was elected Vice President and Deputy General Counsel in 1991, Senior Vice President in 1993, General Counsel of DTC in 1999, and Managing Director and First Deputy General Counsel of DTCC in 2004 and was named to his current position in 2005. Previously, he was a partner in Lake, Bogan, Lenoir, Jones & Thompson. Thompson began his legal career at Davis Polk & Wardwell.

Thompson is a 2005 David Rockefeller Fellow and also former Chairman of the Securities Clearing Group and former Co-chairman of the Unified Clearing Group. He also serves as an Independent Director on the board of directors of the Federal Home Loan Bank of New York.