Brian J. Longe Joins CST's U.S. Affiliate as President and CEO

TORONTO, ONTARIO--(Marketwired - Jan. 4, 2016) - CST Trust Company's (CST) U.S. affiliate, AST Stock Transfer & Trust Company, LLC (AST), announced today that Brian J. Longe has joined AST as President and Chief Executive Officer. Marty Flanigan, who has served as Interim President and Chief Executive Officer since July, will remain with AST and continue in his role as Chief Financial Officer.

Longe is an accomplished executive with more than 25 years of experience generating significant revenue and earnings growth, particularly in the financial technology sector. He was most recently Chief Executive Officer of Wolters Kluwer Financial and Compliance Services, where he developed and implemented strategies that transformed the company into a leading global financial services information technology business. He has also served as President and Chief Executive Officer for Paragon Holdings/A.B. Dick Company and was President of Bell and Howell Imaging Companies.

Longe is a member of the Advisory Board of the U.S.'s Consumer Financial Protection Bureau. He has an MBA from the University of Michigan and a bachelor's degree in Economics from Albion College.

"We are delighted to welcome Brian to the team," said Paul McCullagh, Chairman of the Board of Managers of AST. "He has a stellar track record of delivering revenue growth and maximizing profitability in each of the businesses he has led. Brian's vision and history of designing and executing sound strategies in the financial services sector will be invaluable as AST and CST enter their next chapter."

"I am honored to join the AST Group and to work with CST," remarked Longe. "AST and CST have a rich history and provide a comprehensive lineup of industry-leading services and an impressive customer base. I am very optimistic about AST's and CST's future and our ability to continue to offer new and innovative services to our customers."

About CST

Headquartered in Canada, with offices in Toronto, Montreal, Calgary and Vancouver, CST Trust Company (CST) and its affiliate, American Stock Transfer & Trust Company, LLC (AST), provide comprehensive stock transfer, corporate trust, ownership intelligence, proxy solicitation and employee plan services to more than 8,000 public issues and over five million shareholders. Together, CST and AST serve clients located throughout North America that range in size from initial public offerings to Fortune 100 companies. The organization provides fully integrated services to financial market participants around the globe.