10-K/APeriod: FY2009

Bank of New York Mellon Corp Annual Report (Amendment), Year Ended Dec 31, 2009

Filed May 14, 2010For Securities:BKBK-PKBNYBNY-PK

Summary

This filing is an amendment to Bank of New York Mellon Corporation's (BK) 2009 10-K report, filed on May 14, 2010. It primarily details information regarding the company's directors, executive officers, and corporate governance, as well as executive compensation. The document emphasizes the adoption of a Code of Conduct for all employees and a separate Directors' Code of Conduct, both available on the company's website and upon written request. Key information pertains to the leadership team, listing executive officers by name, age, and their roles, with specific details on their tenure and prior experience, particularly in relation to the 2007 merger. The filing also incorporates by reference information from the company's proxy statement concerning executive compensation, director compensation, and the findings of the Human Resources and Compensation Committee regarding compensation policies and risks. Investors seeking a comprehensive understanding of BK's corporate structure and executive remuneration will find this filing informative, though it does not contain detailed financial statements or performance metrics, which are assumed to be in the original 10-K filing.

Financial Highlights

41 data points
Beta

Revenue

$7.65B

Net Income

-$1.08B

-14.1% Net Margin

EPS (Diluted)

$-1.16

Total Assets

$212.22B

Cash & Equivalents

$3.73B

Free Cash Flow

$3.46B

Financial Statements
Beta
Revenue$7.65B
Operating Income-$814.00M
Interest Expense$593.00M
Net Income-$1.08B
EPS (Basic)$-1.16
EPS (Diluted)$-1.16
Shares Outstanding (Basic)1.18B
Shares Outstanding (Diluted)1.18B

Key Highlights

  • 1The filing is an Amendment No. 1 to the original 2009 10-K filing for Bank of New York Mellon Corporation (BK).
  • 2It provides details on the company's directors, executive officers, and corporate governance practices.
  • 3BNY Mellon has adopted a Code of Conduct for employees and a Directors' Code of Conduct, both accessible online and available upon request.
  • 4A comprehensive list of executive officers is provided, including their names, ages, positions, and appointment years.
  • 5Information regarding executive compensation is incorporated by reference from the company's 2010 Proxy Statement, including details on compensation policies and risk assessment.
  • 6The filing lists numerous exhibits, primarily related to various executive compensation plans, agreements, and historical corporate actions like mergers and stock purchase agreements.
  • 7The financial statements and schedules for the period ending December 30, 2009, are referenced as being included in the original 10-K filing.

Frequently Asked Questions

This filing (Amendment No. 1 to the 2009 10-K) primarily serves to provide updated or supplementary information regarding Bank of New York Mellon Corporation's directors, executive officers, corporate governance, and executive compensation. It incorporates details by reference from other company documents, such as the proxy statement.

This specific amendment (10-K/A) does not contain the detailed financial statements for 2009. Those financial statements, including the Consolidated Income Statement, Balance Sheet, and Statement of Cash Flows, are referenced as being included in the original 10-K filing.

Bank of New York Mellon Corporation has a 'Code of Conduct' applicable to all employees, including executive officers, and a 'Directors' Code of Conduct' for its directors. Both codes are available on the company's website (www.bnymellon.com/ethics/codeofconduct.pdf and www.bnymellon.com/governance/directorscodeofconduct.pdf, respectively) and can also be obtained in print by written request to the Office of the Secretary.

While this filing does not detail specific compensation figures, it incorporates by reference information from the 2010 Proxy Statement, which includes discussions on executive compensation, compensation policies, and the Compensation Committee's review of potential risks associated with these policies. The extensive 'Index to Exhibits' also lists numerous agreements and plans related to executive compensation.