LAKE SUCCESS, N.Y., May 17, 2016 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) announces the promotion of Michael Collins to the role of vice president and general manager of Mutual Fund Proxy Voting and Solicitation. Collins will lead the mutual fund proxy voting business and focus on strategic planning, client relations and regulatory oversight.
Collins, who was promoted to the role after his predecessor Peggy Schooley retired from the position, brings over two decades of mutual fund proxy vote management experience to his new role. He joined Broadridge in 1996, and was instrumental in building the company's mutual fund client service and account management functions. In recent years, Collins has focused on the development of proxy vote solicitation strategies for key mutual fund clients, developing new solutions and managing senior level client relationships.
"As the mutual fund industry experiences increased regulatory and market driven changes, cost and compliance pressures mean funds need innovative strategies to efficiently reach shareholders, obtain quorum and pass proposals," said Michael Liberatore, president, Mutual Fund and Retirement Solutions, Broadridge. "Michael's wealth of expertise and superior track record will help our clients navigate these challenges and execute successful proxy voting campaigns."
Collins is a member of the NICSA board of directors and distribution committee. He holds a Bachelor of Science degree in Economics from Manhattan College and a Master of Business and Science degree in Finance from Pace University. He holds Executive Education Certification from the Securities Industry and Financial Markets Association/Wharton program.
Broadridge Financial Solutions, Inc. (NYSE: BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally. Broadridge's investor communications, securities processing and managed services solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge's infrastructure underpins proxy voting services for over 90 percent of public companies and mutual funds in North America, and processes on average $5 trillion in fixed income and equity trades per day. Broadridge employs approximately 7,400 full-time associates in 14 countries. For more information about Broadridge, please visit www.broadridge.com.
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SOURCE Broadridge Financial Solutions, Inc.