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Press release from Business Wire

UBS Wealth Management Americas Announces Changes to the Product Management Team for its Equity Plan Advisory Services Business

Thursday, October 31, 2013

UBS Wealth Management Americas Announces Changes to the Product Management Team for its Equity Plan Advisory Services Business

15:34 EDT Thursday, October 31, 2013

NEW YORK (Business Wire) -- UBS Wealth Management Americas, a division of UBS AG, announced new appointments to their product management team in the Equity Plan Advisory Services division. David Bienstock has been promoted to Head of Product for Equity Plan Advisory Services. With over 10 years of experience at UBS in product development and project management, David will now be responsible for all aspects of the equity plan technology platform. Thierry Vo has also joined the firm as a Director in Product Management to define and drive strategic product initiatives. Thierry will report to David Bienstock.

"We are very pleased that David will lead our Product organization and that Thierry is joining us. With their extensive knowledge of the industry and equity plan product offerings, they will play critical roles in the evolution of our technology to continue to meet the current and future needs of our clients. Our ongoing additions of talent emphasizes that we are a destination of choice in this industry," said Michael Barry, Head of UBS Equity Plan Advisory Services.

Vo brings more than 10 years of equity plan experience to UBS, having held prior roles of increased responsibility at E*TRADE, Merrill Lynch and most recently Equity Administration Solutions, Inc. "I am very pleased to join UBS Equity Plan Advisory Services. I look forward to collaborating with our Financial Advisors and industry partners to help UBS advise our clients and continue to deliver innovative offerings," said Vo.

In the past four years, UBS has invested nearly $200 million to bring clients cutting-edge technology and industry expertise. Serving more than 130 companies representing 1 million-plus participants in over 150 countries, UBS offers cost-effective plan administration and transaction solutions, helping employees understand the true value of their rewards and providing the access to advice, regardless of their level of sophistication.

About UBS Wealth Management Americas

UBS Wealth Management Americas provides advice-based relationships through Financial Advisors who deliver a fully integrated set of products and services specifically designed to address the needs of ultra-high net worth, high net worth and core affluent individuals and families. It includes the Wealth Management U.S. business, the domestic Canadian business and the international business booked in the United States.

About UBS

UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Its business strategy is centered on its pre-eminent global wealth management businesses and its universal bank in Switzerland. Together with a client-focused Investment Bank and a strong, well-diversified Global Asset Management business, UBS will drive further growth and expand its premier wealth management franchise. UBS is present in all major financial centers worldwide. It has offices in 57 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa, and 12% in Asia Pacific. UBS employs about 62,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

UBS
Gregg Rosenberg, 212-713-8842
Gregg.rosenberg@ubs.com

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