NEW YORK--(BUSINESS WIRE)--AST Group (AST) announced today that Brian J. Longe has joined the company as President and Chief Executive Officer. Marty Flanigan, who has served as Interim President and Chief Executive Officer since July, will remain with AST and continue in his role as Chief Financial Officer.
Longe is an accomplished executive with more than 25 years of experience generating significant revenue and earnings growth, particularly in the financial technology sector. He was most recently Chief Executive Officer of Wolters Kluwer Financial and Compliance Services, where he developed and implemented strategies that transformed the company into a leading global financial services information technology business. He has also served as President and Chief Executive Officer for Paragon Holdings/A.B. Dick Company and was President of Bell and Howell Imaging Companies.
Longe is a member of the Advisory Board of the Consumer Financial Protection Bureau. He has an MBA from the University of Michigan and a bachelor’s degree in Economics from Albion College.
"We are delighted to welcome Brian to the team," said Paul McCullagh, Chairman of the Board of Managers of AST. "He has a stellar track record of delivering revenue growth and maximizing profitability in each of the businesses he has led. Brian’s vision and history of designing and executing sound strategies in the financial services sector will be invaluable as AST enters its next chapter.”
“I am honored to join the AST Group,” remarked Longe. “The firm has a rich history and provides a comprehensive lineup of industry-leading services and an impressive customer base. I am very optimistic about AST’s future and our ability to continue to offer new and innovative services to our customers.”
About the AST Group
The AST Group is the leading provider of registry services and technology to financial market participants across North America. Its companies and divisions, which include American Stock Transfer & Trust Company, LLC and CST Trust Company, provide comprehensive stock transfer and employee plan services to more than 8,000 public issues and over 5.5 million shareholders. The AST Group provides fully integrated services that include corporate proxy solicitation and advisory solutions, information agent, mutual fund proxy solicitation and advisory solutions, shareholder identification, asset recovery and investment management offerings.