Art Thomas

Career with Merrill Lynch spanning 32 years.

Senior Vice President, Manager of  Global Operations.

Prior to that held management roles overseeing domestic and international back office         operations.

Retired from Merrill Lynch at the end of 2002 as Chief Operating Officer, Global Operations.

Industry participation:

–  Chairman, Global Straight Through Processing Association

An industry funded initiatiove to pursue seamless settlement of cross border securities                          transactions.
– Board member Depository Trust & Clearance Corporation(DTCC) 2000-2002
– Board member (including chairman) National Securities Clearing Corporation(NSCC)

1992 – 1997
– Board member Euroclear Bank 1998-2002
– Board member Chicago Stock Exchange 1998-2000
– Founding Board member of Participant Trust Company & Mortgage Backed                                              Clearing Corporation which established centralized clearing and settlements for mortgage                            backed securities.

Industry appointments:

Member of the industry appointed T+3 Committee committee which reviewed and recommended the transition from T+5 to T+3.
Appointed to be the SIA Chairman of the Y2K operations conversion committee.
Age: 76
College:           Northeast Missouri State University

Business Administration
Birthplace:      Hannibal, Missouri

Military:          US Navy veteran of Vietnam