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Options Clearing names 2 board members

Banking Essentials Newsletter - November Edition

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Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

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Options Clearing names 2 board members

OptionsClearing Corp. has elected Susan Lester as a public director andWilliam Yates as a member director to its board for three-year terms.

Lester replaces Matthew Gelber, while Yates is replacingJudith Kula. Lester has served as executive vice president and CFO for HomesideLending Inc. from 2001 to 2002. Yates is a managing director of finance for TDAmeritrade.

Options Clearing also announced that Raymond Di Sanza andJonathan Werts were re-elected as member directors, and Robert Litterman wasre-elected as a public director. Werts will continue to serve as member vicechair.