Art is the Chairman of LQX, A Broadridge Company and a senior advisor to the executive team at Broadridge Financial Solutions, a leading global financial technology firm. As part of his role with Broadridge, he represents the firm on the LiquidX Board of Directors.
He is also an active member of the Board of Directors for South Street Securities, a FINRA member broker/dealer. In addition, from 2002 to 2019 was Vice Chairman and a member of the Board of Advisors of Promontory Interfinancial Network, the leading provider of FDIC-insured deposit placement services in the USA.
Art retired from Bank of New York Mellon in December 2014 as a member of the Executive Committee and Operating Committee of the Company and as Senior Executive Vice President and CEO of Global Markets, leading the company’s foreign exchange, capital markets and derivatives trading businesses worldwide. Prior to this role, Art served as Chief Executive Officer of Alternative, Broker-Dealer and the Treasury Clearance Groups, where he played a major role in the 2001 911 recovery and the 2008 credit crisis. Before joining The Bank of New York in 1998, Art was a principal of Morgan Stanley Asset Management (MSAM). Prior to this, he was a vice president at The Chase Manhattan Bank’s Global Investor Services group.
During his 36-year career in International Banking and Capital Markets, Art served on a number of boards and committees dedicated to delivering actionable solutions to issues facing the financial services industry. Among them: he assisted the Federal Reserve Bank of New York in designing and implementing critical liquidity facilities to support the banking system, he was the lead director of the Depository Trust & Clearing Corporation (DTCC), a director of the International Derivatives Clearing Group (IDCG), a member of the Treasury Market Practices Group (TMPG), the Tri-party Repurchase agreement Infrastructure Task Force formed by the Federal Reserve Payments System Risk (PSR) Committee, The Industry Working Group on Payments System Risk Policy Change, and The NewBank Working Group.
Art is Ex-Chairman and member of the Board of Overseers of the Rutgers University Foundation and Chairman of the Board of Advisors of the Rutgers Business School; where he is also a co-adjutant professor in the Executive MBA program.
Art holds a B.A. in Business Administration from Rutgers College at Rutgers University and an M.B.A from Fairleigh Dickinson University. He lives in Rutherford, New Jersey USA with his wife Terry and has two children, Matthew and Cara.