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CLEARING
CORPORATION ANNOUNCES STOCKHOLDER ELECTION RESULTS
Chicago,
May 19, 2005
The
Clearing Corporation ("CCorp") held its Annual Meeting
of Stockholders yesterday. The following directors were elected
to serve new terms.
Elected
to terms expiring in 2008 as Class A directors are:
·
Gerald F. Corcoran
·
David Johnson
Elected
to a one year-term as a Class E director is:
·
Rudolf Ferscha
The
Board of Directors met following the Stockholder Meeting to
elect a new chairman and vice chairmen.
Michael
C. Dawley will serve as Chairman of the Board for a one-year
term. Joseph J. Murphy will serve as First Vice-Chairman and
James G. McCormick will serve as Second Vice-Chairman, each
for a one-year term..
About The Clearing Corporation
The Clearing Corporation is a stockholder-owned, Delaware corporation now in its 80th year of business. The Clearing Corporation serves numerous clients in a variety of markets and is the only active independent derivatives clearinghouse in the world. Additional information on The Clearing Corporation is available at www.clearingcorp.com.
Media contacts:
CCorp Andrew Yemma, Intermarket
Communications +1-212-888-6115 x 225
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