The Delaware-based business and incorporation services company CSC, which opened its state-of-the-art headquarters in the western suburbs of Wilmington in 2017, announced this week that Bill Popeo will retire in May 2020 as president of CSC Global Financial Markets (GFM), as well as president and CEO of Delaware Trust Company, CSC’s independent trust company.
The CSC board of directors has appointed the company’s current senior vice president, John Hebert, to succeed him in both roles. Herbert served as VP of CSC’s corporate development efforts since 2014, and was appointed senior VP of CSC GFM in 2017.
Popeo, who joined CSC in 1995 and was appointed as president & CEO of CSC GFM in 2006, will remain on the advisory board for CSC’s GFM business unit and as chair of the Delaware Trust Company board, as well as 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,” said CSC President and CEO Rod Ward in a statement. “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.”