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Donahue is a 25-year veteran of DTCC and DTC. Since May 2006, he has served as CEO of DTCC. Prior to that, he was COO of DTCC since 2003. Donahue headed DTCC’s Customer Marketing and Development Division, with responsibility for strategic planning, product development, relationship management, applications development and technology from 2000 to 2003. At DTC, he served as chief information officer from 1997 to 2000 and as head of the depository’s Operations Division from 1995 to 1997. He joined DTC in 1986 and has held positions in a variety of areas.
Prior to joining DTC, Donahue was president of a company that developed and marketed credit enhancements for municipal securities from 1985 to 1986. Before that, he worked for the Municipal Rulemaking Board, the self-regulatory organization governing the U.S. municipal securities markets, from 1977 to 1985.
He began his career working for Barr Brothers & Co., Inc., for five years, as a broker/dealer specializing in municipal securities. Donahue has a B.A. degree in history from Columbia University.
In May 2004, Donahue was appointed by the U.S. Secretary of the Treasury to serve as Sector Coordinator and Chairman of the Financial Services Sector Coordinating Council (FSSCC) for Critical Infrastructure Protection and Homeland Security. FSSCC coordinates the private sector’s preparation and sharing of best practices across the financial services industry to address events that could disrupt the normal business of the financial sector, such as cyber attacks, natural disasters and terrorist attacks.
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