DTCC's 2008
Board of Directors will be made up of 21 directors, serving one-year terms. Seventeen directors are representatives of clearing agency participants, including international broker/dealers, correspondent and clearing banks, mutual fund companies and investment banks. Two directors are designated by the preferred shareholders, NYSE Euronext and FINRA, and the remaining two are the chairman and chief executive officer and the president of DTCC. All of the Board members except those designated by the preferred shareholders are elected annually.
The
Management Committee coordinates company strategy and is directly supported by the Service Delivery Policy and Planning Committee and the Business Planning Committee