Kurt Woetzel, CIO of The Bank of New York Mellon, to Receive Leadership and Service in Technology Award

PRNewswire-FirstCall
NEW YORK
(NYSE:BK)
May 29, 2008

NEW YORK, May 29, 2008 — Kurt D. Woetzel, senior executive vice president and chief information officer of The Bank of New York Mellon Corporation, has been selected as the 2008 recipient of the Leadership and Service in Technology Award from Pace University's Seidenberg School of Computer Science and Information Systems. The award honors individuals and companies not only for leadership in the field of technology, but also for innovation in the application of technology to serve people and commitment to community service and education.

The annual awards reception, which will be held at 6 p.m. on Tuesday, June 3, serves as the primary fund-raiser for the Seidenberg School. All proceeds from the event are used to support the school-endowed scholarship fund and various new initiatives. Reservations for the event, which will be held at JPMorgan Chase, One Chase Manhattan Plaza, are still being accepted. Those interested in attending should contact Sharon McCullough of Expert Events at 215-546-9422 or at sharon@expertevents.com.

Susan M. Merritt, dean of the Seidenberg School of Computer Science and Information Systems at Pace University, said, "Kurt has been an outstanding member of the Seidenberg School of Computer Science and Information Systems Advisory Board, sharing the highest principles and standards of leadership along with generosity and responsibility. He has long been committed to the education of young people of all backgrounds and experience in IT, and is also a strong advocate for educational opportunities for those whom he leads, which includes sponsoring graduate education onsite for his employees."

Woetzel is responsible for The Bank of New York Mellon's Information Technology organization worldwide. In this role, he oversees the technical infrastructure, software development and business processes of an IT organization that is supported by more than 5,000 technology professionals. He is also responsible for the company's Office of Innovation, where he directs company resources and establishes processes in support of accelerating new product development and innovation across global markets.

He held the same position at The Bank of New York Company, Inc. prior to its merger with Mellon Financial Corporation in July 2007. Before that, Woetzel headed up the company's software development process, developing the technical architecture governing the integration of numerous and complex, large-scale acquisitions involving extensive client portfolios.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has more than $23 trillion in assets under custody and administration, more than $1.1 trillion in assets under management, and services $12 trillion in outstanding debt. Additional information is available at bnymellon.com.