On Wednesday, July 31, cyclists and sponsors from the ConvergEx Cyclers riding in the Pan-Mass Challenge will visit the New York Stock Exchange (NYSE) to highlight the 34th annual bike-a-thon. Since its inception, the Pan-Mass Challenge has raised $375 million for cancer care and research at Dana-Farber Cancer Institute through the Jimmy Fund.
To highlight the occasion, Greg Voetsch, Managing Director at Janney Montgomery and longtime sponsor of the Pan-Mass Challenge will ring the NYSE Closing Bell®. Additionally, Dan Farrell, Head Trader at Putnam Investments, a fellow PMC supporter and 4-year rider will be joining the team for the Closing Bell Ceremony.
About the Pan-Mass Challenge (PMC)
The Pan-Mass Challenge is an annual bike-a-thon that today raises more money for charity than any other single athletic fundraising event in the country. The PMC was founded in 1980 by Billy Starr, who remains the event's executive director, an annual cyclist, and a fundraiser. The PMC has since raised $375 million for adult and pediatric cancer care and research at Dana-Farber Cancer Institute through the Jimmy Fund. In 2012, the PMC gave a record gift of $37 million. The PMC pioneered the athletic fundraising industry and is today a model of fundraising efficiency. The event donates 100 percent of every rider-raised dollar directly to the cause. In 2012, the PMC generated 52 percent of the Jimmy Fund's annual revenue and was Dana-Farber's single largest contributor. More than 233,000 individual contributions were made to last year's fundraising campaign. In 2013, PMC cyclists will ride with the goal of raising $38 million for Dana-Farber. (Source: www.pmc.org
About ConvergEx Group
ConvergEx Group is a leading provider of global brokerage and trading?related services for institutional investors and financial intermediaries. ConvergEx combines client?first service with innovative products, sophisticated strategies and proprietary technology to meet the challenges of increasingly dynamic and fast?paced markets. Headquartered in New York with 15 key locations, the company serves more than 3,000 clients accessing over 100 global market centers. (Source: www.convergex.com