The Clearing House
John Hegarty has had an extensive work history, with their most recent position being Senior Vice President & CTO at The Clearing House since April 2017. Prior to that, they worked at JPMorgan Chase as an Executive Director from July 2012 to April 2017. John also had a long tenure at Citi, where they held the role of Director from August 1993 to July 2012. In addition, John served as a Lieutenant in the US Navy Reserve from May 1987 to January 2000. John gained experience as a Systems Administrator at Grumman Data Systems from August 1990 to August 1993, and earlier in their career, at the American Bureau of Shipping from January 1989 to August 1990. This shows John's consistent involvement in the technology and financial sectors throughout their career.
John Hegarty earned a Bachelor of Science (BS) degree in Computer Science from the State University of New York Maritime College, where they attended from 1983 to 1987. Later, they pursued an MBA in Management at Dowling College, completing their studies from 1991 to 1993.
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The Clearing House
The Clearing House is a banking association and payments company owned by the largest commercial banks, and dates back to 1853. The Clearing House Payments Company L.L.C. owns and operates core payments system infrastructure in the United States and is currently working to modernize that infrastructure by building a new, ubiquitous, real-time payment system. The Payments Company is the only private-sector ACH and wire operator in the United States, clearing and settling nearly $2 trillion in U.S. dollar payments each day, representing half of all commercial ACH and wire volume. Its affiliate, The Clearing House Association L.L.C., is a nonpartisan organization that engages in research, analysis, advocacy and litigation focused on financial regulation that supports a safe, sound and competitive banking system.