Legislator Francis Corcoran

corcoran_jsFrancis T. Corcoran was the President and Chief Administrative Officer the National Stock Exchange, Inc. (NSX) until its sale in February 2015.  Mr. Corcoran has been working in the financial/capital markets arena for 30 years.  He has been active on the forefront of businesses that have significantly impacted the capital markets.

Before consulting to the CBOE Stock Exchange (CBSX) on its acquisition of the NSX, Mr. Corcoran was Executive Vice-President for Perimeter Financial in Canada responsible for all international asset manager and broker/dealer client relations as they related to the firms multiple ATS marketplaces.

Mr. Corcoran was an Owner, Officer and Board Director of Institutional Shareholders Services – the largest Corporate Governance Advisory firm in the world; Managing Director of Sales, Marketing and Strategy at NYSE Member Firm Reynders, Gray & Co.; Vice President and Head of Sales and Business Development at Instinet Corporation; Senior Vice President at the American Stock Exchange for Equity Order Flow & Business Development.  He is a former Member of the Board of Directors for the Securities Industry Association (SIA) New York Chapter and was a Member of the Congressional Financial Services Advisory for the Chairman of the Financial Services Oversight Committee.  Mr. Corcoran is a Member of the Securities Trader Association and The National Corporate Directors Association.

Mr. Corcoran is an active participant in both state and local government.  He is one of the three outside Directors on the Board for the New York State Environmental Facilities Corporation (EFC).  The EFC is one of the largest issuers of public debt ($20+ billion) in the Country and provides low-cost financing for local wastewater and drinking water infrastructure.  EFC invests more than $1 billion each year in water-quality improvements through the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund – the largest and most-active revolving loans funds in the nation – along with its award-winning Green Innovation Grant Program.  At the EFC he is the Chairman of the Finance Committee and is a Member of the Audit and the Corporate Governance Committees.  He has served four Governors in this role.

As a Member of the Management Advisory Board to the Inspector General of the Metropolitan Transportation Authority, he has served as the Acting Board Chairman since 2003 and has also served four Governors in this role.  The Office of the Inspector General is an independent oversight agency, which reviews the operations of the MTA, and its constituent agencies, comprising of 650,000 employees and operating in three states.  He is a Board Member of the Metro-North Railroad Commuter Council and the Permanent Citizens Advisory Committee to the MTA.  He has proudly served the Town of Bedford for twelve years as Councilman.

Mr. Corcoran grew up in Lewisboro, attended John Jay and has been married to his high school sweetheart for twenty-nine years.  They have lived in Bedford for twenty-two years and have two daughters, the youngest graduated from Fox Lane High School in 2015.

He is a graduate of Iona College, B.S. Cum Laude, Humanities.