INTL FCStone, a global provider of financial services, announced on Wednesday that it has appointed Diane Cooper to its board of directors. In her new position, Cooper will help guide the business as it continues to expand.
In 2016, Cooper retired as an executive officer of General Electric, where she had worked for three decades. From 2009 up until 2016, she was President and Chief Executive Officer of GE Capital’s Commercial Distribution Business.
During her time at the company, Cooper headed a team of more than 5,000 employees. These employees continued to deliver results for the firm even during tough periods such as the 2009/10 financial crisis. At this time, Cooper was even able to lead her team to achieve double-digit growth in 2009 and every year from there until she retired.
At present, Cooper is a member of the board for BMO Financial Group, a Canadian multinational banking and financial services corporation. Previously, she was the Board Chairman of a joint venture between GE and Hyster-Yale. She held this position for five years.
Cooper will help INTL FCStone grow its business
Sean O'Connor
Source: INTL FCStone
Commenting on the appointment, Sean O'Connor, CEO of INTL FCStone, said: “Diane is a highly accomplished executive, with her time at GE marked by success through some very troubling economic times. It is that kind of leadership and experience we are looking to add to the board as we continue to grow our business.”
John Radziwill, Chairman of the Board of INTL FCStone, added: “Diane brings to the boardroom a depth of knowledge and experience that I believe will be a continuing asset as we seek to maximize the value of our company.”
The news of Cooper’s appointment comes off the back of solid third-quarter financial results for INTL FCStone, which Finance Magnates reported on at the time. In particular, during the third quarter, the company’s net income was $24 million, the highest number to be recorded for the firm since its inception. This result is a large leap of 89 percent from last year’s third-quarter result, which was $12.7 million.
