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28 March 2013
New York
Reporter Georgina Lavers

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Omgeo appoints three to board

Omgeo has appointed Edward Hazel of Goldman Sachs, Richard Taggart of State Street and Susan Cosgrove of The Depository Trust & Clearing Corporation (DTCC) to its board of managers.

Hazel is the global co-head of securities operations for Goldman Sachs. He is a member of the firm’s operations operating and risk committees.

Since joining Goldman Sachs in 1979, Hazel has held a number of leadership roles in the operations division and was named managing director in 2001.

Taggart is a senior vice president at State Street Global Services. He joined State Street in March 2012 to head the investment manager services business in North America.

Cosgrove is the managing director and general manager of settlement and asset services at DTCC, responsible for all depository businesses including settlement, underwriting, custody, securities processing, corporate action processing, and tax and issuer services.

In addition to the newly added members, John Devine, formerly of Threadneedle Asset Management, Peter Johnston of Goldman Sachs, and Donald Donahue, formerly of DTCC, have stepped down as board members.

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