Rosemary T. McFadden
Managing Director; CSFBdirect
President & CEO; New York Mercantile Exchange
Rosemary McFadden received both her graduate and undergraduate degrees from Rutgers and then a law degree from Seton Hall. Since then, her career has spanned the globe.
In 1984, she became the first woman president of any U.S. stock exchange when she was named president and chief executive officer of the New York Mercantile Exchange, the world's largest energy futures exchange. She became a global presence in the world of energy, forging professional relationships with senior government officials, industry executives and international press in London, Tokyo, Singapore and the Middle East. During her tenure, NYMEX grew at an impressive rate of 70 percent a year.
After leaving the exchange, she remained a force in the expansion of global markets. As senior manager at the International Practice Group of Price Waterhouse, she spearheaded projects related to the development of capital markets in Russia, the Ukraine, China, the Philippines, Pakistan and Nepal. As senior vice president and associate general counsel at the Pershing Division of Donaldson, Lufkin & Jenrette, she continued to work on international initiatives. And as director of Global Business Development for DLJdirect, an online brokerage firm, she led the company’s first-ever international expansion strategy, which included the launching of online brokerage businesses in the UK, Hong Kong, Japan and the Middle East. The latter two have been recognized publicly for their excellence. She is currently managing director at Credit Suisse First Boston, where her colleagues speak of her in glowing terms.
And Rosemary is not just a global business star; she has also brightened the lives of many children in Jersey City and Newark through the philanthropic work she and her late husband, Brian Doherty, have done at St. Anthony's High School, the Boys' and Girls' Club, and St. Benedict's Preparatory School.
Recognized: June 19, 2002