INTL FCStone (NASDAQ:INTL), a leader in the development of specialized financial services in commodities, global payments, foreign exchange, securities and other markets, today announced that its Board of Directors has appointed a new Director, Edward J. Grzybowski.
His name will be included on the slate of Directors that will be voted on at INTL FCStone’s next annual shareholders’ meeting in February, 2015.
Grzybowski is a prominent institutional investor who most recently served as chief investment officer of TIAA-CREF, the Fortune 100 financial services organization, where he was responsible for developing and implementing the investment strategy for approximately one-half trillion dollars in assets. Under his investment leadership, TIAA-CREF became the largest institutional real estate owner/manager in the United States, the second-largest institutional owner of farmland in the United States, and was the recipient of the Lipper Best Overall Large Fund Company award for best risk-adjusted performance for the period 2010 – 2012. Additionally, he chaired the Investment Management Committee of TIAA as well as CREF, and was a board member of the brokerage company. Prior to his role as CIO, he was responsible for investment operations.
Sean O’Connor, CEO of INTL FCStone, said, “Ed’s appointment to our Board of Directors is an important milestone for our organization. He is among the most successful institutional investors of his generation, has a deep understanding of the agribusiness sector, and was a pioneer in the use of farmland investments as part of a broad-ranging investment portfolio. His keen insights into the capital markets will provide immeasurable benefits to INTL FCStone as we continue to develop and execute our strategy for growth.”
John Radziwill, Chairman of the Board of INTL FCStone, added, “The business and investment expertise that Ed brings to the table will, I believe, be a tremendous asset to our organization. My fellow board members and I are looking forward to working with him and drawing on his insights and experience.”