OCC Names David Hoag As Chief Information Officer - Moranda To Become Senior IT Advisor To President And COO

OCC, the world’s largest equity derivatives clearing organization, today announced that David Hoag, a technology executive with nearly 25 years of information systems and development experience, will join OCC as Senior Vice President and Chief Information Officer, effective May 1^st. Hoag, who will report to John Davidson, OCC’s new President and Chief Operating Officer, succeeds Luke Moranda, who becomes Senior Vice President and Senior Information Technology Advisor to the President and COO.