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Contact: Jennifer A. Galloway, Chief Communications Officer
             (703) 797-6600
             jgalloway@msrb.org

MSRB HIRES CHIEF ADMINISTRATIVE OFFICER

Alexandria, VA - The Municipal Securities Rulemaking Board (MSRB) announced today that Robert Cunningham has joined the organization as Chief Administrative Officer. He will be responsible for overseeing legal and administrative operations, human resources and corporate governance practices.

Mr. Cunningham joins the MSRB from the National Association of Manufacturers (NAM), where he served as vice president of the human resources, finance and administration division. Prior to his employment with NAM, Mr. Cunningham was human resources manager for the American Petroleum Institute.

Mr. Cunningham received a bachelor’s degree in finance and management from Virginia Polytechnic Institute and State University and a master’s degree in human resource management from American University.

“The experience that Bob brings to the MSRB will benefit the organization in a number of ways,” said MSRB Executive Director Lynnette Kelly Hotchkiss. “His background in navigating important administrative issues and his leadership experience will contribute to the MSRB’s overall mission and organizational values.”

The Municipal Securities Rulemaking Board (MSRB) protects and strengthens the municipal bond market, enabling access to capital, economic growth, and societal progress in tens of thousands of communities across the country. The MSRB fulfills this mission by creating trust in our market through informed regulation of dealers and municipal advisors that protects investors, issuers and the public interest; building technology systems that power our market and provide transparency for issuers, institutions, and the investing public; and serving as the steward of market data that empowers better decisions and fuels innovation for the future. The MSRB is a self-regulatory organization governed by a board of directors that has a majority of public members, in addition to representatives of regulated entities. The MSRB is overseen by the Securities and Exchange Commission and Congress.

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