The announcement came at the quarterly meeting held at the New York offices of Dreyfus. The appointment is a reflection of several changes to the committee instituted under Mr. Miller's leadership. Until recently, the committee had limited participation by vendors; rather it was historically comprised of operations and technology leaders from sponsor and investment manager firms. Said Mr. Miller, "This industry has substantially changed over the last 7 years and the role of solution providers has become more critical to the industry. Cheryl has a wealth of experience and her firm plays a key role in this industry. The committee will be better served by her participation and leadership."
Earlier in his tenure as co-chair, Mr. Miller worked to revamp the committee and increase the depth and breadth of participation. An online survey was utilized last year to identify the priorities for the committee and to create a more relevant agenda.