American Stock Transfer & Trust Company, LLC (“AST”) announced today that it has hired Ellen McCarthy as Chief Risk and Compliance Officer, North America. McCarthy will be based in AST’s headquarters in New York and oversee all compliance functions for the company throughout the United States and Canada.
“Ellen’s expertise is an excellent addition in continuing our commitment to our clients and their shareholders whom we service every day.”
“We are very pleased to have Ellen join the company,” said Mark C. Healy, President and CEO of AST. “Ellen’s expertise is an excellent addition in continuing our commitment to our clients and their shareholders whom we service every day.”
“AST has a dynamic business with tremendous scale,” said McCarthy. “I’m looking forward to leveraging my experience to help AST execute its strategic initiatives.”
As Chief Risk and Compliance Officer, McCarthy will be responsible for ensuring that all areas of the company meet compliance responsibilities and applicable laws and regulations. Her focus will include working with management to identify and implement enhancements related to the management and monitoring of risk and compliance related functions.
McCarthy joins AST with over 20 years of experience in legal, risk management and compliance leadership roles. Prior to joining AST, she served as Senior Counsel with the Financial Industry Regulatory Authority (FINRA). She held positions on several committees for FINRA that focused on driving continuous improvements through cross-functional collaborations with internal and external stakeholders.
AST and its affiliates are leading providers of registry services and technology to financial market participants around the globe. AST and its affiliate, CST Trust Company (CST), provide comprehensive stock transfer and employee plan services to more than 8,000 public issues and over 5.5 million shareholders. Together, AST and CST serve clients located throughout North America and in over 22 foreign countries, ranging in size from initial public offerings to Fortune 100 companies.