About a year ago, former BNY Mellon General Counsel Carl Krasik told his boss, CEO Robert Kelly, that he thought three years from the merger between the Bank of New York and Mellon was a good time for him to retire from the company he joined in 1995.
That decision gave Krasik an estimated retirement date of around July 2010, but in order to “forestall rumors,” the company put out an advance announcement of Krasik’s pending departure in October 2009. In the following months, solo finance lawyer Jane Sherburne was named as his successor, effective May 3, 2010, and Krasik officially left BNY Mellon in July as planned.
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