The 2017 Tech 40: Robert Schifellite

< The 2017 Tech 40

39. Robert Schifellite
President, Investor Communication Solutions
Broadridge Financial Solutions
Last year: 48

Providing the proxy voting infrastructure used by more than 90 percent of North American public companies and mutual funds, New York–based Broadridge Financial Solutions collects a wealth of data on shareholder participation and opinions. It collaborates with the PwC Governance Insights Center to produce ProxyPulse reports that reveal the percentage of retail shares voted and levels of support for director candidates. Also in the report covering the July 1–December 31 annual meeting mini-season: For the first time, the majority of retail investors (52 percent, up from 43 percent the year before) received their proxy materials electronically — a milestone for the Broadridge Investor Communication Solutions (ICS) business and Robert Schifellite, the segment’s president and Broadridge’s corporate senior vice president. ICS, which accounts for more than three-fourths of Broadridge’s $3 billion in annual revenue, is Schifellite’s platform both for e-business innovation (as in the ProxyEdge institutional proxy management system, and online and mobile voting capabilities) and for advocating more efficient — often meaning paperless — corporate governance and customer communications as a matter of principle. “This is not the same old proxy business,” says Schifellite, 59, explaining Broadridge’s expanding digital ambitions. In view of marketplace and technology trends and business imperatives, “we have to continue to be a leader in digital,” adds Schifellite, who has worked for Broadridge and predecessor ADP Brokerage Services since 1992.

The 2017 Tech 40

1. Adena Friedman NASDAQ 2. Catherine Bessant Bank of America Corp. 3. Robert Goldstein BlackRock 4. Jeffrey Sprecher Intercontinental Exchange 5. Lance Uggla IHS Markit

6. Shawn Edwards & Vlad Kliatchko Bloomberg 7. David Craig Thomson Reuters 8. Michael Spencer NEX Group 9. Don Callahan Citigroup 10. Elisha Wiesel Goldman Sachs Group

11. Michael Bodson Depository Trust & Clearing Corp. 12. Terrence Duffy CME Group 13. Charles Li Hong Kong Exchanges and Clearing 14. Sean Belka Fidelity Investments 15. Chris Concannon CBOE Holdings

16. Guy Chiarello First Data Corp. 17. Steven Lieblich Citadel 18. David Rutter R3CEV 19. Blythe Masters Digital Asset Holdings 20. Alfred Spector Two Sigma Investments

21. Neil Katz D.E. Shaw Group 22. Lee Olesky Tradeweb Markets 23. Richard McVey MarketAxess Holdings 24. David Gledhill DBS Bank 25. Seth Merrin Liquidnet Holdings

26. Antoine Shagoury State Street Corp. 27. Peter Brown & Robert Mercer Renaissance Technologies 28. Lou Eccleston TMX Group 29. Peter Cherecwich Northern Trust Corp. 30. Mike Chinn S&P Global Market Intelligence

31. Chris Corrado London Stock Exchange Group 32. Neal Pawar AQR Capital Management 33. Gary Norcross Fidelity National Information Services 34. Steven O’Hanlon Numerix 35. Sebastián Ceria Axioma

36. Brian Conlon First Derivatives and Kx Systems 37. Tyler Kim MaplesFS 38. Michael Cooper BT Radianz 39. Robert Schifellite Broadridge Financial Solutions 40. Jim Minnick eVestment