DTCC names new chairman

The Depository Trust & Clearing Corporation has named Donald Donahue as its next chairman, replacing Jill Considine.

Considine retires as chairman in August, but will remain with the company as a senior adviser. Donahue, already chief executive of DTCC, will take over as chairman in addition to his current duties.

DTCC's board also elected William Aimetti as president, starting in August. Aimetti is currently chief operating officer.

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