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Forge Appoints Financial Services Veteran Brian McDonald to Its Board of Directors

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Forge Global Holdings (NYSE: FRGE) has appointed Brian McDonald to its Board of Directors, including positions on its Audit and Risk Committees. McDonald brings extensive financial services experience, most recently serving as Managing Director and Head of Direct and Institutional Businesses at Morgan Stanley, where he led Morgan Stanley at Work.

Prior to Morgan Stanley, McDonald spent over 20 years at Charles Schwab as Senior Vice President, leading workplace and retail service functions. He currently serves as an Executive in Residence at TIFIN, an AI platform for asset, wealth, and insurance services, and holds board positions at two companies. McDonald's expertise spans financial technology, equity compensation, and digital business strategy.

Forge Global Holdings (NYSE: FRGE) ha nominato Brian McDonald nel suo Consiglio di Amministrazione, inclusi i ruoli nei suoi Comitati di Audit e Rischio. McDonald porta con sé una vasta esperienza nei servizi finanziari, avendo recentemente ricoperto il ruolo di Direttore Generale e Responsabile delle Attività Dirette e Istituzionali presso Morgan Stanley, dove ha guidato Morgan Stanley at Work.

Prima di entrare in Morgan Stanley, McDonald ha trascorso oltre 20 anni presso Charles Schwab come Vicepresidente Senior, guidando le funzioni di servizio per il posto di lavoro e al dettaglio. Attualmente, ricopre il ruolo di Executive in Residence presso TIFIN, una piattaforma di intelligenza artificiale per servizi di asset, wealth e assicurativi, e detiene posizioni nel consiglio di amministrazione di due aziende. L'expertise di McDonald spazia dalla tecnologia finanziaria, alla compensazione azionaria, fino alla strategia di business digitale.

Forge Global Holdings (NYSE: FRGE) ha nombrado a Brian McDonald en su Junta Directiva, incluyendo puestos en sus Comités de Auditoría y Riesgo. McDonald aporta una amplia experiencia en servicios financieros, habiendo sido recientemente Director General y Jefe de Negocios Directos e Institucionales en Morgan Stanley, donde lideró Morgan Stanley at Work.

Antes de Morgan Stanley, McDonald pasó más de 20 años en Charles Schwab como Vicepresidente Senior, liderando funciones de servicio en el lugar de trabajo y al por menor. Actualmente, se desempeña como Ejecutivo en Residencia en TIFIN, una plataforma de inteligencia artificial para servicios de activos, patrimonio y seguros, y ocupa puestos en la junta de dos empresas. La experiencia de McDonald abarca tecnología financiera, compensación en acciones y estrategia empresarial digital.

Forge Global Holdings (NYSE: FRGE)는 Brian McDonald를 이사회의 일원으로 임명하였으며, 감사 및 위험 위원회에서도 활동하게 됩니다. McDonald는 최근 Morgan Stanley에서 직접 및 기관 비즈니스의 전무 이사 겸 책임자로 재직하며 Morgan Stanley at Work를 이끌었던 광범위한 금융 서비스 경험을 가지고 있습니다.

Morgan Stanley에 들어가기 전, McDonald는 Charles Schwab에서 20년 이상 수석 부사장으로 근무하며 직장 및 소매 서비스 기능을 이끌었습니다. 현재 그는 자산, 부, 보험 서비스에 대한 AI 플랫폼인 TIFIN에서 임원으로 재직 중이며, 두 개의 회사에서 이사직을 맡고 있습니다. McDonald의 전문성은 금융 기술, 주식 보상 및 디지털 비즈니스 전략에 걸쳐 있습니다.

Forge Global Holdings (NYSE: FRGE) a nommé Brian McDonald au sein de son Conseil d'Administration, y compris des postes dans ses Comités d'Audit et de Risque. McDonald apporte une vaste expérience dans les services financiers, ayant récemment occupé le poste de Directeur Général et Responsable des Activités Directes et Institutionnelles chez Morgan Stanley, où il a dirigé Morgan Stanley at Work.

Avant Morgan Stanley, McDonald a passé plus de 20 ans chez Charles Schwab en tant que Vice-Président Senior, dirigeant les fonctions de service en milieu de travail et de vente au détail. Actuellement, il est Executive in Residence chez TIFIN, une plateforme d'IA pour les services d'actifs, de patrimoine et d'assurance, et occupe des postes au conseil d'administration de deux entreprises. L'expertise de McDonald couvre la technologie financière, la compensation en actions et la stratégie commerciale numérique.

Forge Global Holdings (NYSE: FRGE) hat Brian McDonald in seinen Vorstand berufen, einschließlich Positionen in den Ausschüssen für Prüfung und Risiko. McDonald bringt umfangreiche Erfahrungen im Finanzdienstleistungssektor mit, zuletzt als Geschäftsführer und Leiter der direkten und institutionellen Geschäfte bei Morgan Stanley, wo er Morgan Stanley at Work leitete.

Vor seiner Zeit bei Morgan Stanley war McDonald über 20 Jahre bei Charles Schwab als Senior Vice President tätig und leitete dort die Dienstleistungen für den Arbeitsplatz und den Einzelhandel. Derzeit ist er als Executive in Residence bei TIFIN tätig, einer KI-Plattform für Vermögens-, Wohlstands- und Versicherungsdienstleistungen, und hat Aufsichtsratspositionen in zwei Unternehmen inne. McDonalds Expertise umfasst Finanztechnologie, Aktienvergütung und digitale Geschäftsstrategien.

Positive
  • Appointment of seasoned financial services executive with decades of relevant experience
  • Strategic expertise in financial technology and digital business from Morgan Stanley and Charles Schwab
  • Addition of leadership experience in workplace financial platforms and equity compensation
Negative
  • None.

SAN FRANCISCO--(BUSINESS WIRE)-- Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private market platform, announced today the appointment of Brian McDonald to its Board of Directors, as well as to its Audit Committee and Risk Committee.

Mr. McDonald brings to Forge decades of leadership experience in financial services, wealth management, and digital business. Most recently, he served as Managing Director, Head of Direct and Institutional Businesses at Morgan Stanley, where he helped build and lead Morgan Stanley at Work, one of the world's largest workplace financial platforms. Before that, he spent over 20 years at Charles Schwab, leading workplace and retail service functions, ultimately serving as Senior Vice President. His leadership has been instrumental in developing innovative financial solutions and advancing strategic initiatives within the industry.

“Brian’s deep understanding of financial technology, equity compensation, and digital business strategy makes him a valuable addition to our Board of Directors,” said Kelly Rodriques, CEO of Forge. “His rich experience at global financial institutions will be an asset to Forge as we continue to pursue profitable, technology-enabled growth and international expansion.”

In addition to his executive leadership roles, Mr. McDonald has been an advisor to companies focused on AI-driven investment platforms and digital transformation in wealth management. He is also an investor in the financial services and financial technology sectors, currently serving on the boards of two companies as an Executive in Residence at TIFIN, an AI platform for asset, wealth, and insurance services. Mr. McDonald holds a B.A. in Economics from Indiana University and an M.B.A. from Ball State Graduate School of Business.

“I am honored to join the board of Forge Global at such a pivotal time for the private market ecosystem,” said Mr. McDonald. “Forge has brought greater transparency, access, and efficiency to the private market. I look forward to working with the leadership team and my fellow board members to support the company's continued growth and innovation."

About Forge

Forge is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants. Forge Securities LLC is a registered broker-dealer and a Member of FINRA that operates an alternative trading system.

Forward-Looking Statements

This press release contains “forward-looking statements,” which generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “target,” “goal,” “expect,” “should,” “would,” “plan,” “predict,” “project,” “forecast,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict, indicate, or relate to future events or trends or Forge’s future financial or operating performance, or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Forge’s beliefs regarding future opportunities for Forge to expand its business. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, while considered reasonable by Forge and its management, are subject to risks and uncertainties that may cause actual results to differ materially from current expectations. You should carefully consider the risks and uncertainties described in Forge’s documents filed, or to be filed, with the SEC, including in its Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. There may be additional risks that Forge presently does not know of or that it currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect Forge’s expectations, plans, or forecasts of future events and views as of the date of this press release. Forge anticipates that subsequent events and developments will cause its assessments to change. However, while Forge may elect to update these forward-looking statements at some point in the future, Forge specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Forge’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Press Inquiries

Lindsay Riddell

press@forgeglobal.com

Investor Relations Inquiries

Dominic Paschel

ir@forgeglobal.com

Source: Forge Global

FAQ

What experience does Brian McDonald bring to Forge Global's board (NYSE: FRGE)?

Brian McDonald brings decades of leadership in financial services, including roles as Managing Director at Morgan Stanley and Senior VP at Charles Schwab, with expertise in financial technology and digital business strategy.

What committees will Brian McDonald serve on at Forge Global (FRGE)?

Brian McDonald will serve on Forge Global's Board of Directors, Audit Committee, and Risk Committee.

How might Brian McDonald's appointment impact Forge Global's (FRGE) growth strategy?

His experience is expected to support Forge's pursuit of profitable, technology-enabled growth and international expansion, leveraging his expertise in financial technology and digital business.

What is Brian McDonald's current role besides joining Forge Global's board (FRGE)?

He serves as an Executive in Residence at TIFIN, an AI platform for asset, wealth, and insurance services, and holds board positions at two companies.
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