LEGISLATIVE RESOLUTION honoring Joseph Mark Velli upon the occasion of
his designation as recipient of the 2015 Monsignor Thomas G. Hagerty
Humanitarian Award by HeartShare Human Services of New York

WHEREAS, It is the custom of this Legislative Body to acknowledge
outstanding individuals whose professional lives, personal endeavors,
and community service are an example and inspiration to their
colleagues, friends, and family; and
WHEREAS, Attendant to such concern, and in full accord with its long-
standing traditions, this Legislative Body is justly proud to honor
Joseph Mark Velli upon the occasion of his designation as recipient of
the 2015 Monsignor Thomas G. Hagerty Humanitarian Award by HeartShare
Human Services of New York to be celebrated at its Spring Gala and
Auction on Thursday, March 26, 2015, at the New York Marriott Marquis in
New York City; and
WHEREAS, The mission of HeartShare Human Services of New York is to
nurture and support, with dignity and respect, children, adults, and
families in order to expand opportunities and enhance lives; and
WHEREAS, Joseph Mark Velli is receiving this auspicious award for his
devotion to his profession and sincere dedication and substantial role
as a community leader; he has continuously cast a positive impact on his
community and displayed an unbridled enthusiasm in all his professional
and civic endeavors; and
WHEREAS, Joseph Mark Velli is a retired financial services and tech-
nology executive with extensive leadership, operation, M&A, and board
experience; and
WHEREAS, For most of his illustrious career, Joseph Mark Velli served
as a Senior Executive Vice President of The Bank of New York, and a
member of its Senior Policy Committee; and
WHEREAS, During his 22-year tenure with The Bank of New York, Joseph
Mark Velli's responsibilities included heading Global Issuer Services,
Global Custody and related Investor Services, Global Liquidity Services,
Pension and 401K Transaction Services, Consumer and Retail Banking,
Correspondent Clearing and Securities Services; most recently, he served
as the Chairman and Chief Executive Officer of ConvergEx Group; and
WHEREAS, In 1984, Joseph Mark Velli joined The Bank of New York as an
Assistant Vice President, where he established the Bank's Depositary
Receipt business; he was promoted to Vice President in March of 1985,
and Senior Vice President in 1988; and
WHEREAS, In 1990, Joseph Mark Velli was named Sector Head of Global
Issuer Services, and two years later, he was elected Executive Vice
President; the youngest executive in the Bank's history to attain this
position; and
WHEREAS, Joseph Mark Velli established the Bank's institutional
execution business in 1997, and one year later, was promoted to Senior
Executive Vice President, assuming responsibility for Consumer Lending
and Retail Banking; he was also named a member of the Bank's Senior
Policy Committee; and
WHEREAS, In August of 2001, Joseph Mark Velli was named head of the
Execution and Clearing Sector, and in late 2006, he was asked to head
ConvergEx Group; and
WHEREAS, Joseph Mark Velli has overseen the execution of well over 50
acquisitions including Pershing, Lynch, Jones & Ryan, Eze Castle Soft-
ware, and LiquidPoint; in addition, he started numerous market-leading
businesses and services such as The Bank of New York's ADR, Institu-
tional Execution, Internet Banking, and Global Liquidity businesses; and

WHEREAS, Prior to joining The Bank of New York, Joseph Mark Velli was
head of Citibank's Depositary Receipt business; and
WHEREAS, Currently, Joseph Mark Velli serves on the Public Boards of
Computershare Limited and Paychex, Inc., and is a member of the School
of Business Advisory Board at William Paterson University; he also
served on the boards of E*TRADE Financial Corporation, E*TRADE Bank, and
American Management Systems, Inc.; and
WHEREAS, Joseph Mark Velli holds an M.B.A. in Finance from Fairleigh
Dickinson University, and a Bachelor of Arts degree in Accounting from
William Paterson University of New Jersey; and
WHEREAS, It the sense of this Legislative Body that those who enhance
the well-being and vitality of their community and have shown a long and
sustained commitment to excellence certainly have earned the recognition
and applause of all the citizens of this great Empire State; now, there-
fore, be it
Resolved, That this Legislative Body pause in deliberations to honor
Joseph Mark Velli upon the occasion of his designation as recipient of
the 2015 Monsignor Thomas G. Hagerty Humanitarian Award by HeartShare
Human Services of New York; and be it further
RESOLVED, That a copy of this Resolution, suitably engrossed, be tran-
smitted to Joseph Mark Velli.