MSRB President Lynnette Kelly to Retire; New Board Members Appointed

MSRB President and CEO Lynnette Kelly will retire at the end of the fiscal year. The MSRB named Chief Financial Officer Nanette Lawson to serve as interim CEO.

In addition, MSRB appointed new members to its Board of Directors who will begin their terms on October 1, 2019. The new members of the Board include:

• Meredith Hathorn, a Managing Partner at Foley & Judell, L.L.P.;

• Carol Kostik, a retired former deputy comptroller in public finance for the City of New York;

• Thalia Meehan, a retired former portfolio manager and tax-exempt team leader at Putnam Investments;

• Angelia Schmidt, the Managing Director and Head of Underwriting at UBS; and

• Sonia Toledo, the Managing Direct at Frasca & Associates, LLC.

Edward Sisk (Managing Director, Head of Public Finance at Bank of America Merrill Lynch) will chair the Board beginning October 1, 2019.