July 08 2010
NYSE Euronext Chief Executive Officer Duncan Niederauer Joins Operation HOPE's National Board of Directors
Silver Rights Movement and financial empowerment for the underserved a national priority
LOS ANGELES – July 8, 2010 – John Hope Bryant, founder, chairman and chief executive officer of financial literacyempowerment nonprofit Operation HOPE (HOPE) announced today that Duncan Niederauer, chief executive officer of NYSE Euronext, has been appointed to the organization’s national board and will assist in the advancement of HOPE’s mission to provide financial literacy empowerment, known as “silver rights,” to underserved individuals across the country and globally.
“As we have forged a relationship with the Financial Services Roundtable, an organization representing 100 of the largest integrated financial services companies in America, we are pleased to partner with the NYSE Euronext family as Duncan Niederauer joins our national board,” said business bestselling author and HOPE founder John Hope Bryant. “I admire Duncan as a person and a leader. As CEO of NYSE Euronext, which lists more than 4,500 companies with a combined market cap of more than $15 trillion, Duncan understands the importance of financial literacy for the well being of individuals and the overall health of the global economy. He is a gifted business leader, and a person who believes in doing well by doing good.”
During financial literacy month this April, Niederauer joined Chairman Bryant for a special NYSE Euronext salute to financial literacy in America, culminating in Operation HOPE ringing the NYSE Closing Bell. Niederauer also played a role with HOPE as a distinguished speaker for the HOPE Atlanta Financial Forum, which coincided with the shovel ceremony for the planned HOPE Financial Literacy Empowerment Center at Ebenezer Church.
“Given Duncan’s commitment to financial literacy empowerment and his standing in global financial services, he will be a great asset to our board,” said Bill Walbrecher, Operation HOPE president and chief operating officer. “Duncan has demonstrated outstanding leadership in financial education already with the launch of the website NYSE Money Sense, and believes it is time to take action to empower individuals to give them financial stability in their lives. We are honored to have him join our board and look forward to his guidance and insights for continued success.”
“I believe in the work of Operation HOPE and in the need to help people of all ages and walks of life better understand and participate in the financial system,” Niederauer said. “NYSE Euronext shares Operation HOPE’s commitment to financial education and it is my goal to extend our association and mission to others in our community of listed companies and the financial system so that all Americans have the opportunity to become more financially capable and knowledgeable. Doing so is beneficial for individuals and local communities, our economy and our nation.”
In April 2010, John Hope Bryant was named to the newly established NYSE Euronext Financial Literacy Advisory Committee. The committee, which is composed of some of the most respected names in financial literacy and education, assists in the development of a new online resource for consumers NYSE Money Sense (www.nysemoneysense.com) program.
Niederauer will serve on the HOPE National Board along with board chairman John Hope Bryant, board vice-chairs Tim Chrisman, chief executive officer of Chrisman & Company and chairman of the Federal Home Loan Bank of San Francisco; Lynn Pike, president of Capital One Bank; and Rick Hartnack, vice chairman of U.S. Bancorp. The HOPE National Board is comprised of some of the nation's most powerful executives, decision-makers, bankers and economists. These individuals play an essential role in providing insight and guidance to the organization's direction.
A complete 2010 list of HOPE's National Board may be viewed at http://www.operationhope.org/smdev/clst20.php?id=165
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With more than 8,000 listed issues, NYSE Euronext's equities markets – the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca – represent nearly 40 percent of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit: http://www.nyx.com.
About Operation HOPE, Inc.
Since 1992, Operation HOPE has been America’s leading financial literacy and empowerment nonprofit. With a presence in 70 U.S. cities and South Africa, HOPE has raised more than $900 million in its pursuit of educating, assisting and inspiring the next generation of global stakeholders. With the support of more than 400 private sector companies, 3,500 nonprofit organizations and schools and 100 government partners, Operation HOPE has provided over 1.2 million low-wealth individuals with economic education and financial literacy support and empowerment. Taking the lead at making sure our free enterprise system is relevant to all underserved individuals and communities, Operation HOPE has taken on the responsibility of piloting the Silver Rights Movement and ensuring that free enterprise and capitalism work to provide a better future for all. To learn more about HOPE, visit our website at www.operationhope.org or follow our blog at www.operationhope.org/blog.