Global Investments Leader Announces Five-Year Commitment to World's Largest Rowing Competition
NEW YORK and CAMBRIDGE, Mass., August 15, 2013 — BNY Mellon, the global leader in investment management and investment services, today announced an exclusive multi-year sponsorship of the Head Of The Charles® Regatta, held annually in Boston and Cambridge, Mass.
One of the world's pre-eminent rowing competitions, the 2013 Head Of The Charles Regatta presented by BNY Mellon is free to the public, and features a variety of races for local and international rowers of all skill levels and ages. The event draws global participation, including a number of national, international and Olympic athletes. The 49th Regatta, scheduled this year for October 19 and 20, is expected to attract almost 10,000 competitors and more than 400,000 spectators.
To highlight this key sponsorship, BNY Mellon also is sponsoring the inaugural BNY Mellon Championship for collegiate competitors in the Regatta's Men's and Women's Championship Eights. Winners will be presented with the BNY Mellon Championship Trophy.
"Teamwork, excellence and delivering world-class performance are all values to which we aspire at BNY Mellon," said Curtis Arledge, vice chair of BNY Mellon and CEO of BNY Mellon Investment Management. "The sport of rowing has these values in abundance, and we are privileged to play such a key role in this event's ongoing success."
Frederick V. Schoch, executive director of the Regatta, said, "We are delighted that BNY Mellon is becoming part of the Head Of The Charles family, a relationship we look forward to continuing for years to come. The Regatta is a cherished Boston tradition, and our partnership with BNY Mellon will further enhance race weekend, building on a proud legacy for both organizations. This sponsorship is not only a boon for our race, but for the entire city of Boston."
Larry Hughes, chairman of BNY Mellon New England and CEO of BNY Mellon Wealth Management, noted Boston's importance to BNY Mellon: "This is the hometown of BNY Mellon Wealth Management, and across all our businesses we employ more than 4,000 people throughout New England. Our commitment to Boston is key to our continued growth, and we are proud to support this historic Regatta."
Family-friendly activities for all ages include a Rowing and Fitness Expo and food vendors serving worldwide delicacies. The Reunion Village at the race's mid-way point, will serve as a fun and casual spot for clubs, schools, alumni groups, parents and boosters to catch up and relax during the event. The picturesque race course begins at Boston University's DeWolfe Boathouse and ends at Artesani Park in Brighton.
BNY Mellon's sponsorship continues the firm's long history of partnerships with institutions worldwide to bring iconic events to a broader audience. The firm is currently the title partner of the annual rowing competition between the Oxford University Boat Club and the Cambridge University Boat Club on the River Thames in London. BNY Mellon seeks to create a legacy of involvement through its sponsorships. During its five-year commitment to the Head Of The Charles Regatta, BNY Mellon aims to develop the championship, engage audiences across the event, and generate interest and enthusiasm from national and international audiences.
For more information, visit the Head of the Charles Regatta at hocr.org.
In its 49th year, the Head Of The Charles Regatta is the world's largest two-day regatta, attracting more than 9,000 rowers and 400,000 spectators to the banks of the Charles River. Racing takes place on Saturday, October 19 and Sunday, October 20, between the hours of 8:00 a.m. and 5:00 p.m. The Regatta attracts youth, collegiate, masters, international, world champion and Olympic athletes competing in 61 events. Follow the HOCR on Facebook and Twitter.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2013, BNY Mellon had $26.2 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.