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Nyfix Clearing appoints Portelli president; Carr named CEO of Nyfix Millennium

29 November 2005  |  1760 views  |  0 Source: Nyfix

NYFIX, Inc. (Pink Sheets: NYFX - News), NYFIX, Inc. a leader in technology solutions for the financial marketplace, announced today the appointments of Anthony T. Portelli as President of NYFIX Clearing Corporation and Brian R. Carr as Chief Executive Officer of NYFIX Millennium L.L.C.

Both positions were previously held by Robert C. Gasser, who was appointed Chief Executive Officer of NYFIX, Inc. on November 18, 2005.

Anthony T. Portelli has served as Chief Financial Officer and Director of NYFIX Clearing Corporation since its formation in February, 2003 and NASD approval in August, 2003. Mr. Portelli is also a Director of NYFIX Transaction Services and NYFIX Millennium. Mr. Portelli has held a variety of senior business and operations positions in a career spanning 28 years on Wall Street, including Executive Cashier at National Financial Services, Chief Operations Officer at SBC Warburg, and Managing Director and Head of Domestic Custody at Bankers Trust Company. Mr. Portelli holds a Bachelor of Business Degree from Bernard Baruch College and a Masters of Business Degree in Financial Management from Pace University.

"Tony has played a significant role in the formation and operation of NYFIX Clearing Corporation since its inception," commented Bob Gasser, CEO of NYFIX, Inc. "We believe that NCC is a key to the growth prospects of the Transaction Services Segment. The efficiency and depth of our clearing organization has allowed NYFIX to capitalize on business opportunities that would have otherwise been impractical if we outsourced that function to a third party."

Brian R. Carr has served as Senior Vice President for NYFIX Millennium and NYFIX Transaction Services since 2002, where he managed brokerage operations for both firms. He joined NYFIX in June 2000 as Vice President of Account Management. Prior to that, Mr. Carr held senior sales management roles at Bridge and ADP Brokerage Services, where he began his financial services career in 1991. Mr. Carr holds a Bachelor of Arts degree in Business/Economics from Muhlenberg College.

"Brian is uniquely qualified to assume his new position," noted Mr. Gasser. "Since the formation of the Transaction Services Segment in 2002, Brian has played a key role in shaping the future of our business. His professional background brings a unique blend of technology, operations, client support, and business development experience to the task of managing the Millennium ATS."

In other news, the NYFIX Board of Directors made the following committee chair and committee member appointments: Audit Committee - William C. Jennings, Chair, Tom C. Wajnert and Lon Gorman; Corporate Governance and Nominating Committee - William J. Lynch, Chair, George O. Deehan and William C. Jennings; and Compensation Committee - George O. Deehan, Chair, Lon Gorman and William J. Lynch.

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