[December 12, 2012]

John Davidson Joins FINRA Board of Governors

The Financial Industry Regulatory Authority (FINRA) today announced that Carol Anthony (John) Davidson, retired Senior Vice President, Controller and Chief Accounting Officer of Tyco International, will join FINRA's Board of Governors. Mr. Davidson, who will begin his term on Jan. 1, fills the seat vacated by Ellyn Brown.

Richard Ketchum, FINRA Chairman and CEO, said, "I am pleased to welcome John to our Board. He brings extensive experience and will add a key perspective as FINRA continues to address critical investor protection issues."

Before joining Tyco International in 2004, Davidson was a Vice President, Audit, Risk and Compliance for Dell (News - Alert) Inc. Prior to Tyco, Davidson spent 16 years with Eastman Kodak Company, where he led the company's internal audi function and previously served in a variety of accounting and financial leadership roles. He began his career with Arthur Andersen & Co.

Davidson is a certified public accountant, and holds a master's degree in business administration from the University of Rochester and a bachelor's degree in accounting from St. John Fisher College in Rochester, New York.

FINRA has a 22-person Board of Governors, with 11 public Governors and 10 industry Governors. FINRA's CEO fills the remaining seat.

FINRA, the Financial Industry Regulatory Authority, is the largest independent regulator for all securities firms doing business in the United States. FINRA is dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services. FINRA touches virtually every aspect of the securities business - from registering and educating all industry participants to examining securities firms, writing rules, enforcing those rules and the federal securities laws, informing and educating the investing public, providing trade reporting and other industry utilities, and administering the largest dispute resolution forum for investors and firms. For more information, please visit www.finra.org.

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