Cohen & Steers Appoints Lisa Dolly to Board of Directors

Rhea-AI Summary

Cohen & Steers, Inc. (NYSE: CNS) has appointed Lisa Dolly to its Board of Directors. Ms. Dolly, former CEO of Pershing , will also serve on the Board's Audit, Compensation, and Nominating and Corporate Governance Committees. With over 30 years of experience at Pershing, including senior leadership roles, Ms. Dolly brings extensive expertise to CNS. Martin Cohen, Chairman of the Board, and Joseph Harvey, CEO & President, expressed enthusiasm about Ms. Dolly's appointment, highlighting her diverse leadership experience and industry knowledge as valuable assets for the firm and its shareholders.

Positive

• Appointment of experienced industry leader Lisa Dolly to the Board of Directors
• Addition of Dolly to key board committees: Audit, Compensation, and Nominating and Corporate Governance
• Potential for fresh perspectives and insights from Dolly's extensive leadership experience

Negative

• None.

NEW YORK, Aug. 19, 2024 /PRNewswire/ -- Cohen & Steers, Inc.'s (NYSE: CNS) Board of Directors has appointed Lisa Dolly as a director of the company. Ms. Dolly has also been appointed as a member of the Board's Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.

Ms. Dolly is the former Chief Executive Officer of Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation. Ms. Dolly's career spanned over 30 years at Pershing, including over two decades in senior leadership positions. In addition to serving as Chief Executive Officer from 2016 – 2019, Ms. Dolly served as Pershing's Chairman from 2019 – 2020 and Chief Operating Officer from 2013 – 2016.

Martin Cohen, Chairman of the Board, said:
"On behalf of the Board of Directors, we are excited to have Lisa join us. We believe Lisa's diverse and extensive leadership will be a valuable asset to the firm, the Board and our shareholders."

Joseph Harvey, Chief Executive Officer & President of Cohen & Steers, said:
"With her experience as the former CEO of one of the largest clearing platforms, and her extensive service on multiple boards within the fund and advisor industry, Lisa brings an exceptional depth of knowledge, expertise and insight that will be highly valuable to our corporate board."

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

Website: https://www.cohenandsteers.com
Symbols: NYSE: CNS

View original content:https://www.prnewswire.com/news-releases/cohen--steers-appoints-lisa-dolly-to-board-of-directors-302225256.html

SOURCE Cohen & Steers, Inc.

FAQ

Who is the new board member appointed to Cohen & Steers (CNS)?

Lisa Dolly, former CEO of Pershing , has been appointed to the Board of Directors of Cohen & Steers (NYSE: CNS).

What committees will Lisa Dolly serve on at Cohen & Steers (CNS)?

Lisa Dolly will serve on the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee of Cohen & Steers (CNS).

What is Lisa Dolly's professional background before joining Cohen & Steers (CNS)?

Lisa Dolly had a 30-year career at Pershing , including roles as CEO (2016-2019), Chairman (2019-2020), and COO (2013-2016).

How did Cohen & Steers (CNS) executives react to Lisa Dolly's appointment?

Both Martin Cohen, Chairman of the Board, and Joseph Harvey, CEO & President, expressed excitement about Lisa Dolly joining, citing her valuable experience and expertise.