<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) -September 20, 1995
MELLON BANK CORPORATION
(Exact name of registrant as specified in charter)
Pennsylvania 1-7410 25-1233834
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number Identification No.)
One Mellon Bank Center
500 Grant Street
Pittsburgh, Pennsylvania 15258
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code - (412) 234-5000
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ITEM 5. OTHER EVENT
On September 20, 1995, Mellon Bank Corporation (the "Corporation")
announced that its board of directors has unanimously approved the
extension of the employment contract of Frank V. Cahouet, Chairman,
President and Chief Executive Officer, through the end of December
1998.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit
Number Description
99.1 Mellon Bank Corporation Press Release, dated September 20, 1995
announcing that the employment contract for Frank V. Cahouet has been
extended to the end of December 1998.
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
MELLON BANK CORPORATION
Date: September 21, 1995 By: JAMES M. GOCKLEY
James M. Gockley
Assistant General Counsel &
Secretary
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EXHIBIT INDEX
Number Description Method of Filing
99.1 Press Release dated September 20, 1995 Filed herewith
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EX-99.1
[LOGO OF MELLON] News Release
ANALYSTS: MEDIA:
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Donald J. MacLeod Magaret Kirch Cohen
Contact: (412) 234-5601 (412) 234-0850 Corporate Affairs
One Mellon Bank Center
Pittsburgh, PA 15258-0001
David T. Lamar
(412) 234-4633
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FOR IMMEDIATE RELEASE
MELLON BOARD EXTENDS CAHOUET'S CONTRACT THROUGH 1998
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PITTSBURGH, Sept. 20 1995 -- Mellon Bank Corporation today announced that its
board of directors has unanimously approved the extension of the employment
contract of Frank V. Cahouet, chairman, president and chief executive officer,
through the end of December 1998. Cahouet, who is 63, is expected to retire at
that time.
"We are delighted that Frank Cahouet has agreed to serve as Mellon's
chairman for three more years," said Andrew W. "Drew" Mathieson, chairman of the
human resources committee of Mellon's board of directors. "Frank Cahouet is a
builder. If you look at Mellon's progress during the past eight years, it's
clear that he has positioned Mellon to be a leader in the financial services
industry of the future.
"Mellon is fortunate to have a strong team of highly talented senior
managers who have successfully executed Mellon's strategy of balance and
growth," he added. "Although it is entirely too early to discuss a successor, we
expect Mr. Cahouet's replacement to come from within Mellon."
With balance sheet assets of approximately $40 billion and assets under
management or administration of approximately $910 billion, Mellon Bank
Corporation is a major financial services company headquartered in Pittsburgh;
its primary subsidiary is Mellon Bank, N.A. The Corporation provides a full
range of banking and investment products and services to individuals and small,
midsize and large businesses and institutions.
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