Rosemary McFadden began her Wall Street career as a staff attorney at the New York Mercantile Exchange (Nymex), was promoted to Executive Vice President after one year and in the following year was elected President by the Board of Directors, becoming the first woman President of any stock or futures exchange in the United States.
Under her leadership from 1984-1989, Nymex became the world’s largest energy exchange, opened offices in Asia and Europe, and its crude oil contract became the price reference point and benchmark for spot and futures trading.
Following her time at the exchange, Rosemary served as a Senior Manager at Price Waterhouse with overseas assignments where she worked with representatives of the World Bank, IMF and US Agency for International Development. She advised national governments on rules, regulations and organizational structures for the development of their capital markets.
Rosemary joined the Pershing Division of Donaldson, Lufkin and Jenrette (DLJ) in 1997 where she was a primary advisor for international activities and developed the DLJdirect global market strategy and recommended joint venture partners to the DLJ Board of Directors. When DLJ was acquired by Credit Suisse, she continued as a Managing Director tasked with the responsibility for divesting these joint ventures.
After retiring from Wall Street, Rosemary was appointed Jersey City’s Deputy Mayor for Economic Development by Mayor Jerramiah Healy in 2007. She was appointed Chief of Staff in 2010, a position she held until July 2013 when a new Mayor was sworn into office.