New York (April 8, 2004) -- The Big Board has added Hewlett-Packard chief Carly Fiorina and Marsh & McLennan chief Jeffrey W. Greenberg to its Board of Executives.
Fiorina and Greenberg join Altria Group chairman and chief executive Louis C. Camilleri and Viacom president and chief operating officer Mel Karmazin in representing the listed-company community on the advisory panel of NYSE constituents, which was created in December.
Their appointment brings the number of members to 21.
The board meets at least six times a year to discuss exchange performance, membership issues, listed-company issues and public issues relating to market structure and performance. The board meets with the exchange’s Board of Directors in joint session several times annually, and provides the directors with reports of deliberations. BoE members also serve on some joint committees with directors.
Members are appointed by the exchange's directors annually, following the directors’ annual election each June. The current term of members of both boards expires in June 2004. Elections and appointments will be annual thereafter.
-- WebCPA staff
