WILMINGTON, Del.—CSC announced today that Bill Popeo will retire as president of CSC Global Financial Markets (GFM) and president & CEO of Delaware Trust Company, and that the Board of Directors has appointed John Hebert to succeed him in both roles.

Popeo will step down as president on May 1, 2020. Following retirement, he will remain on the advisory board for CSC’s GFM business unit and will continue to serve as chair of the Delaware Trust Company board and a member of its trust committee.

“This announcement is the successful culmination of a multiyear succession plan to select the best leader for our GFM and Delaware Trust businesses,” says CSC President & CEO Rod Ward. “John Hebert is the right person to lead these efforts. He has demonstrated a proven ability to build and grow businesses, identified ways to enhance our product offering and jurisdictional capabilities, and has put high quality client service at the center of our strategy.”

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CSC Global Financial Markets Announces President Retirement and Succession Plan