As Schueneman Leaves Omgeo Management Board, Merrill’s Devine and Northern Trust’s Doan Step Up

Omgeo has appointed John Devine of Merrill Lynch and Marianne Doan of Northern Trust to its board of managers. Diane Schueneman of Merrill Lynch, a five year veteran of the board, has retired her position due to increased leadership responsibilities at her firm. The 12 members of the board are responsible for representing the interests of all Omgeo clients as it makes decisions about strategy, governance and operations. Devine is managing director at Merrill Lynch, responsible for global integrated client services for global markets and investment banking. Doan is senior vice president and head of investment services and valuations at Northern Trust.