---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-188260"
form_type: "8-K"
ticker: "BK"
cik: "0001390777"
company_name: "Bank of New York Mellon Corp"
filed_at: "2022-07-06T23:59:59+00:00"
generated_at: "2026-06-24T20:37:53.398557+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BNY Mellon appoints Dermot McDonogh as CFO effective Feb 1, 2023; Portney to lead new business unit

## Summary
- Dermot McDonogh appointed CFO, effective Feb 1, 2023; joins BNY Mellon on Nov 1, 2022 from Goldman Sachs.
- McDonogh receives $600K base salary, minimum 2022 incentive award of $5M (30% cash, 30% RSUs, 40% PSUs).
- Buyout awards up to $16.5M in cash and RSUs; RSUs vest over six years starting Feb 2024.
- CFO Emily Portney will transition to lead Treasury Services, Credit Services, and Clearance & Collateral Management from Feb 1, 2023.
- McDonogh brings 25+ years at Goldman Sachs, most recently as COO for EMEA and CEO of Goldman Sachs International Bank.

## SEC filing metadata
- accession: 0001193125-22-188260
- form_type: 8-K
- ticker: BK
- cik: 0001390777
- company_name: Bank of New York Mellon Corp
- filed_at: 2022-07-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1390777/000119312522188260/0001193125-22-188260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1390777/000119312522188260/d562162d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-188260
- JSON: https://secwatch.observer/filing/0001193125-22-188260.json
- Plain text: https://secwatch.observer/filing/0001193125-22-188260.txt

## Key facts
- Executive change
  Dermot McDonogh was appointed as Chief Financial Officer at Bank of New York Mellon Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On July 6, 2022, The Bank of New York Mellon Corporation (the “Company”) announced that the Board of Directors (the “Board”) on July 1, 2022 appointed Dermot McDonogh to the position of Chief Financial Officer (“CFO”), effective February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1390777/000119312522188260/0001193125-22-188260-index.htm
- Executive change
  Emily Portney changed role as Chief Financial Officer at Bank of New York Mellon Corp.
  - Action: assume
  - Role: Chief Financial Officer
  source text: Ms. Portney will continue serving as CFO through January 31, 2023, at which time she will assume a new position leading the Company’s Treasury Services, Credit Services and Clearance & Collateral Management businesses.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1390777/000119312522188260/0001193125-22-188260-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.