Aug. 6 (Bloomberg) -- Edward Jones’s James Weddle and Robert Keenan of St. Bernard Financial Services Inc. were elected to the Financial Industry Regulatory Authority’s Board of Governors at its annual meeting.
Weddle, a managing partner at St. Louis-based Edward Jones, will serve a second term as one of Finra’s three large-firm governors, the industry-funded regulatory group said today in a statement.
Keenan, chief executive officer of St. Bernard, a broker-dealer in Russellville, Arkansas, will fill one of the three small-firm governor slots.
Shelly Lazarus, former chairman and CEO of advertising firm Oglivy & Mather, was appointed as a public governor. Lazarus replaces Shirley Jackson, president of Rensselaer Polytechnic Institute, who held the position since 2007.
Vanguard Group Inc.’s John Brennan was re-appointed as an investment company affiliate. Public governor re-appointments include William Heyman of Travelers Cos., John Schmidlin, formerly of JPMorgan Chase & Co., and Gary Stern, ex-Federal Reserve Bank of Minneapolis president.
Governors are selected for three-year terms and can’t serve more than two in a row. The 22-member board includes Finra’s CEO, 11 public governors and 10 industry governors representing large, medium and small firms.
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