Mary L. Schapiro

Mary L. Schapiro

Board Member at CVS Health
Company Tenure: 6 years
Education:
Franklin & Marshall College (Undergrad) George Washington University (J.D.)
Biography:

Mary L. Schapiro joined Morgan Stanley’s Board of Directors in July 2018. She has also served on the CVS Health Board of Directors since May 2017. Ms. Schapiro has been Vice Chair for Global Public Policy, Special Advisor to the Founder, and Chair of Bloomberg L.P. since October 2018 and she has been the Vice Chair of Promontory Advisory Board since January 2014. Prior to this she was the Managing Director of Promontory Financial Group from March 2013 to January 2014. Previously she was Chairman of the U.S. Securities and Exchange Commission (SEC) from January 2009 to December 2012. Before serving on the SEC Ms. Schapiro was Chairman and CEO of the Financial Industry Regulatory Authority (FINRA) from 2006 to 2008 and held a number of executive positions at FINRA from 1996 to 2006. She was Chairman of the Commodity Futures Trading Commission (CFTC) from 1994 to 1996 and was Commissioner of the SEC from December 1988 to October 1994. She previously served on the boards of IntraFi, Financial Industry Regulatory Authority, London Stock Exchange Group, General Electric Co., Kraft Foods and Duke Energy. Ms. Schapiro currently serves on the boards of Glasgow Financial Alliance for Net Zero, Working Group on U.S. RMB Trading and Clearing, Center for Audit Quality, The Value Reporting Foundation, Humane Rescue Alliance, and Franklin and Marshall College; she is an advisor for the China Securities Regulatory Commission and the Hong Kong Stock Exchange.

Profile Details

Total Political Contributions More information

Republican Support
Democratic Support
$0 $50,800

Affiliated Companies

CVS Health

CVS Health

Key Statements

“But I do think a carbon price is important. Carbon and climate change and pollution impose such huge costs and risks, and they're not priced into–maybe they are increasingly–but they're not fully priced into, certainly into the market. And we need that to be done in order to lower the carbon emissions.”

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“First, and I really want to put the most emphasis on this, institutions should finance or enable climate solutions to replace high emitting activities. This means growing solar, wind and other renewables to produce carbon free energy and reduce our reliance on fossil fuels in addition to investing in the technologies needed to decarbonize our economy. Time is running out and we are frightfully behind where the science tells us we need to be.”

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“The science is clear. With global temperature rise exceeding one and a half degrees centigrade, we will experience irreversible catastrophic effects of climate change. To limit warming to one and a half degrees from preindustrial levels and achieve the goals of the Paris Agreement, we must have global GHG emissions across the entire economy by the end of this decade and reach net zero by 2050.”

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