Press Releases

Release Date: November 8, 2007
Contact:
Travis Larson, (703) 470-3193, tlarson@sifma.org

SIFMA Board of Directors Elects Officers

Blythe Masters Elected SIFMA Chairman, G. Douglas Edwards Named Chair-Elect, Bernard Beal and Michael Ryan Elected Vice-Chairs, John Gidman Appointed Treasurer

Boca Raton, FL, November 8, 2007 – The board of directors of the Securities Industry and Financial Markets Association (SIFMA) today elected Blythe Masters as the trade association’s chairman for 2008.  Masters is head of global commodities for J.P. Morgan Chase & Co.

Masters succeeds Edward C. Forst, global co-head of Goldman Sachs International’s Investment Management Division.

G. Douglas Edwards, president and CEO of Morgan Keegan & Company, Inc., will serve as chairman-elect.  Bernard B. Beal, CEO of M.R. Beal & Company, and Michael Ryan, head of institutional securities at Credit Suisse, will serve as vice-chairs, and John R. Gidman, executive vice president and director of Loomis, Sayles & Company, L.P., will serve as treasurer.

SIFMA member-firms elect the board of directors, from which the chairman and other officers are elected at a board meeting during the association’s Annual Meeting, which concludes on Friday, November 9.   

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The Securities Industry and Financial Markets Association brings together the shared interests of more than 650 securities firms, banks and asset managers. SIFMA's mission is to promote policies and practices that work to expand and perfect markets, foster the development of new products and services and create efficiencies for member firms, while preserving and enhancing the public's trust and confidence in the markets and the industry. SIFMA works to represent its members’ interests locally and globally. It has offices in New York, Washington D.C., and London and its associated firm, the Asia Securities Industry and Financial Markets Association, is based in Hong Kong.