Frank V. Cahouet is retired chairman, president and chief executive officer of Mellon Financial Corporation, where he served in that capacity from 1987 through 1998.  Throughout his tenure at Mellon, Mr. Cahouet was responsible for a series of innovative moves that positioned the Corporation for superior growth.  Among these strategic moves were the formation of Grant Street National Bank, which improved Mellon’s asset quality in the late 1980’s; the key acquisitions of PSFS in 1990 and The Boston Company in 1993; and the historic merger with The Dreyfus Corporation in 1994.

Before joining Mellon, Mr. Cahouet served as president and chief operating officer of the Federal National Mortgage Association (Fannie Mae) from 1986 to 1987, and as chairman, president and chief executive officer of Crocker National Bank from 1984 to 1986.  Prior to his position at Crocker, Mr. Cahouet was a vice chairman, chief financial officer and a member of the Office of The Chairman of Security Pacific National Bank.  He joined Security Pacific in 1960 and served there for 24 years.

Mr. Cahouet, a native of Boston, is a graduate of Harvard University and Wharton School of the University of Pennsylvania.

Mr. Cahouet serves as a trustee of Carnegie Mellon University and is Trustee Emeritus of the University of Pittsburgh.  He is on the board of regents of Saint Vincent Seminary.  He is the founding chairman and director of the Pittsburgh Regional Alliance and also a member of the board of trustees for the Historical Society of Western Pennsylvania and a council member of The Pennsylvania Society.  He serves on the boards of Teledyne Technologies, Inc., Thousand Oaks, CA and the Audia Group, Washington, PA.    He is a director of The Heinz Endowments and Chairman of their Investment Committee as well as The World Affairs Council of Pittsburgh and is director emeritus of Extra Mile Education Foundation.  In addition, he serves on the Advisory Board of the Little Sisters of the Poor.