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Eagle’s Riley to Retire at End of Year

1 September 2003
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Eagle Investment Systems’ chief executive, Jack Riley, will retire at the end of the year, 13 years after co-founding the company. David Palten, another co-founder and currently president of Eagle, will assume the additional role of CEO, reporting to Jim Palermo, vice chairman of Mellon Financial Corp. and president of Mellon Global Securities Services. Riley has spent more than 30 years in the financial technology marketplace, with stints at Eagle and Mellon, as well as with Aetna Life & Casualty, Andersen Consulting and National Westminster Bank in New York.

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WEBINAR

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Over the past few years, about 90% of data management has been dedicated to the operational requirements of data governance and regulatory compliance, but this is changing rapidly as financial institutions look to exploit and drive business value from data. At a growing number of institutions, close to 70% of data management resource is focused...

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