Bank of New York Mellon
Corporate Bias Rating
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Risk Level:
Summary:
Bank of New York Mellon (BNY Mellon) is High Risk. The company yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company implements race and identity-based policies that replace merit, excellence, and integrity with preferential treatment and outcomes. BNY Mellon embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues. This approach fails to safeguard free exercise, free speech, and free enterprise.
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CEO of Bank of New York Mellon
Robin Vince
Summary:
Headquartered in New York, New York, Bank of New York Mellon is a member of the Fortune 250 operating in the Diversified Financials industry. Robin Vince and Joseph J. Echevarria serve as CEO/President and Chairman, respectively, leading the company’s C-suite executive team and the board of directors. Amongst these teams, the collective leadership is responsible for $66,900 to Republican causes and $321,851 to Democratic causes. Under their tenure, Bank of New York Mellon currently holds a 'High Risk' risk rating.
View Full Board Bias ReportPolitical Contributions of Leadership:
$66,900
$321,851
Republican
Democrat
Shareholder Proposals
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| Date | ESG Category | Proponent | Summary of Resolution | Mgmt Rec | Total Vote % in Favor |
|---|---|---|---|---|---|
| 4/9/24 | Bowyer Research | Stockholder propoal entitled: Regarding Report on Risks of Politicized De-Banking | Against | N/A | |
| 4/9/24 | John Chevedden | Stockholder proposal entitled: "Transparency in Lobbying" | Against | N/A | |
| 4/12/23 | Governance | John Chevedden | Require Shareholder Approval of Termination Pay | Against | 11.70% |
| 4/12/22 | Governance | Kenneth Steiner | Special Meetings - Reduce Ownership Req. to 10% | Against | 38.12% |
In the News
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