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BNY Mellon Wealth Management Named Best Private Bank in U.S. for Customer Service by Global Private Banking Awards

BOSTON – BNY Mellon Wealth Management is proud to announce that it has been named Best Private Bank in the U.S. for Customer Service by the Global Private Banking Awards. Now in its ninth year, the awards program is organized by Financial Times publications Professional Wealth Management and The Banker. The awards recognize and reward excellence in wealth management.

“This award affirms and reflects a key tenet of our approach – helping clients to succeed and meet their financial goals,” said Don Heberle, CEO of BNY Mellon Wealth Management. “This recognition also speaks to the quality and dedication of our people, who put the needs of our diverse client base at the center of everything they do.  We do not take this success and our 95% client satisfaction rating for granted[1],” stated Heberle, “and will every day continue to earn this recognition and deepen client relationships, particularly as client expectations continue to evolve.”

From May to July of 2017, private banks were invited to apply to the Global Private Banking Awards. Each institution provided growth and performance measures and an executive summary outlining the bank’s qualifications. The submissions were judged by an expert panel of 15 industry professionals based in North America, Asia, Europe and the Middle East. Banks were judged on the progress made in their business & growth strategies, their ability to boost inflows and profits, as well as their client relationship management strategies and adaptability.

The awards were officially announced at a gala dinner and ceremony held on Thursday, October 26 in London. The Global Private Banking Awards report will publish in the November issue of The Banker. Additionally, the quantitative data from award applications will be analyzed in the forthcoming annual Private Banking Key Performance Indicators Benchmark study, carried out by Scorpio Partnership.

CONTACT: Lucy Muscarella, Elevate Communications, lmuscarella@elevatecom.com, 617-312-6411

About BNY Mellon Wealth Management

BNY Mellon Wealth Management is a leading wealth manager. In 2016 it was named by Family Wealth Report as the top U.S. Private Bank and rated the Top Private Bank for Family Offices by Professional Wealth Management magazine. Barron’s ranked it the 10th largest U.S. wealth manager in 2017. The firm has more than two centuries of experience in providing services to clients who today include financially successful individuals and families, their family offices and business enterprises, planned giving programs, and endowments and foundations. It has $231 billion in total client assets, as of September 30, 2017, and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management, which provides investment management, custody, wealth and estate planning and private banking services, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation. For more information go to bnymellonwealth.com or follow us on Twitter @BNYMellonWealth.

About BNY Mellon

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of Sept. 30, 2017, BNY Mellon had $32.2 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

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[1] 2016 Client Satisfaction Survey Results

Presenting Sponsor BNY Mellon Celebrates 53RD Head Of The Charles® Regatta

NEW YORK, N.Y. AND CAMBRIDGE, Mass. – BNY Mellon, a global leader in investment management and investment services, is the Presenting Sponsor and an active participant of the Head Of The Charles Regatta® for the fifth consecutive year. In addition to providing sponsorship support, BNY Mellon will once again present the BNY Mellon Championship Cup to the top men’s and women’s Championship Eights overall winners at the conclusion of the iconic two-day event, which takes place on Saturday, October 21 and Sunday, October 22 along the Charles River from Boston to Brighton.

“Our team eagerly looks forward to the Regatta every year,” said Mitchell Harris, CEO of BNY Mellon Investment Management. “At BNY Mellon we strongly identify with the teamwork, drive and excellence that goes into delivering a world class performance during the races. Many of our employees and clients are rowing fans and this sponsorship is a way for us to be part of an iconic event that celebrates the international rowing community, the supporters that visit Boston, and honors the deep tradition of the Regatta.”

This year, BNY Mellon is entering two crews to join in the spirit of the Regatta: a Men’s Masters Four – for the third year in a row – in which both U.S. and international employees will be competing, and a Mixed Eight that will compete for the Director’s Challenge – an event that benefits the permanent endowment of the HOCR.

“Over its 57-year history, The Head Of The Charles Regatta has become one of the most revered events in the rowing community and we are proud to not only partner with, but also participate in this prestigious event,” said BNY Mellon Wealth Management CEO Don Heberle. “We continue to be inspired by the rowers from BNY Mellon and around the globe who compete in the event.”

The Regatta will bring more than 700 clubs and universities, more than 11,000 athletes and nearly 350,000 spectators from around the world to the banks of the Charles River.

Frederick V. Schoch, Executive Director of the Regatta, said, “BNY Mellon is an esteemed member of the Head Of The Charles family and a champion of the sport of rowing globally. BNY Mellon’s sponsorship of the race weekend enhances one of Boston’s great fall traditions and further deepens its footprint in our region. Their support of the Regatta can be felt by the thousands of competitors and spectators taking to the Charles River every October.”

For more information about the event and to learn more from the BNY Mellon individuals participating, visit bnymellon.com and for up-to-the-minute race information, please follow us @BNYMellon and @BNYMellonWealth.

 Media Contacts

Lucy Muscarella                                   Kevin Flight
+1 617 312 6411                                   +1 617 861 3657
lmuscarella@elevatecom.com            kflight@elevatecom.com

About BNY Mellon Wealth Management 
BNY Mellon Wealth Management is a leading wealth manager. In 2016, it was named by Family Wealth Report as the top U.S. Private Bank and rated the Top Private Bank for Family Offices by Professional Wealth Management magazine. Barron’s ranked it the 8th largest U.S. wealth manager in 2016. The firm has more than two centuries of experience in providing services to clients who today include financially successful individuals and families, their family offices and business enterprises, planned giving programs, and endowments and foundations. It has nearly $216 billion in total private client assets, as of June 30, 2017, and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management, which provides investment management, custody, wealth and estate planning and private banking services, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation. For more information go to www.bnymellonwealth.com or follow us on Twitter @BNYMellonWealth.

About BNY Mellon

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.  Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets.  As of June 30, 2017, BNY Mellon had $31.1 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management.  BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Additional information is available on www.bnymellon.com.  Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

 

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Senet Appoints Bruce Chatterley as New CEO & President

Company advancements signal next stage of growth and
powerful endorsement of LoRaWAN IoT connectivity services

Portsmouth, NH – Senet, the first and fastest growing provider of public, low-power, wide-area networks (LPWANs) for long range Internet of Things (IoT) applications supporting the LoRaWAN™ protocol, today announced it has named Bruce Chatterley as CEO & President. Chatterley has also been elected to Senet’s Board of Directors. Bruce brings more than 25 years of experience in business leadership, transformation, strategy and technology and a strong track record of rapidly building and scaling worldwide operations and organizational infrastructure in a variety of hyper-growth sectors, including telecommunications, cloud computing, managed hosting and mobility.

“I’m thrilled to be joining the Senet team at such an exciting time,” said Chatterley. “Senet has that rare combination of dedication to technology innovation, amazingly talented people and momentum in the market.  As we continue to add capabilities for our customers and expand our presence, our mission remains unchanged – to help ensure that IoT realizes its full potential of delivering global economic, environmental and social improvements. The company is truly positioned to become a disruptor in IoT connectivity.”

Chatterley will succeed Senet CEO & President, George Dannecker. Dannecker made the personal decision to retire after four years with the company and spearheading the business vision and execution that led to Senet’s focus on delivering first-to-market public Network-as-a-Service (NaaS) solutions for IoT applications and solution providers.

“It has been extremely fulfilling to have helped Senet achieve a leadership position and deliver LPWAN services that have become a key component of today’s IoT technology wave,” said Dannecker. “We are thrilled to have Bruce as our new CEO. The coming years are going to be extraordinary for the company, and I have no doubt that Senet will contribute significantly to the adoption of mission critical IoT products and solutions.”

In addition to bringing significant marketing, sales and operational experience to Senet, Chatterley will focus on developing strategic partnerships and executing go-to-market strategies in the segments LoRaWAN connectivity is ideally suited for. These efforts will not only help drive Senet to its next stage of growth, but are instrumental to the broader adoption of LoRaWAN technology and the strengthening of the overall IoT ecosystem.

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About Senet, Inc.
Senet, a contributing member of the LoRa Alliance™, is the first and fastest growing provider in North America of low-power, wide-area networks (LPWANs) with its class-leading LoRa® modulation for IoT/M2M applications. LPWANs enable value-driven solutions that can unlock immediate ROI by enabling devices to connect over very long ranges (approximately 15 miles) while delivering very long battery power life (approximately 10 years) for an extremely low total cost of ownership. For applications that require low cost, low power, and long range, the secure Senet network has distinct advantages over cellular, Wi-Fi, and other emerging connectivity technologies for the IoT market. For additional information, visit http://www.senetco.com.

Media Contact
Stacy Grisinger, Elevate Communications: sgrisinger@elevatecom.com
Ken Lynch, Senet, Inc.: klynch@senetco.com

“Clean Caffeine” energy pioneer LYFT names Erik Elfstrum as CEO

Co-Founder of all-natural caffeine stir stick takes on full-time role to expand company

Westfield, NJ – LYFT, an all-natural energy product that delivers 125mg of “Clean Caffeine” through a convenient stir stick, announced the appointment of Co-Founder Erik Elfstrum as the brand’s CEO.

In his new role, Elfstrum will oversee the company’s overall strategic direction, including marketing and operations. With current placement in more than 500 Barnes & Noble College Booksellers, he will expand the brand’s retail distribution footprint, with a focus in the college, resort casino, hospitality and convenience markets. LYFT is also available for purchase on the company’s website PureLYFT.com.

“Given LYFT’s singular position in the market as a revolutionary, “clean caffeine” alternative to coffee and sugary, artificial energy drinks, my business partner and I knew right away we were onto something truly special,” said Elfstrum. “With my new, full-time position we are able to capitalize on the current momentum the brand is experiencing, and use the overwhelmingly positive feedback we have received early on to bring LYFT to the next level.”

LYFT provides clean energy through flavorless natural caffeine derived from green coffee bean extract with vitamins A and B complex. The product has zero calories and allows the consumer to remain alert without coffee, sugary sports drinks and artificial energy supplements.

“We seek to make LYFT an integral part of the caffeine routine,” said LYFT Vice President of Operations, William Fleming. “Appointing Erik CEO allows us to dedicate the time and resources needed to grow our burgeoning business and clean up caffeine across the nation.”

Prior to his position with LYFT, Elfstrum served as a top District Manager for Pfizer Pharmaceuticals from 1995-2016. Elfstrum began his career as Mortgage Loan Officer for First Citizens Bank in Silver Spring, Md. from 1993 – 1995 after graduating from the University of Maryland with a B.S. in Business, where he was also the captain of the school’s Lacrosse team. His devotion to health and fitness, along with his love for caffeine, sparked inspiration for Elfstrum, which led to the product’s creation.

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