Kevin Shearan and John Obrist, both high-level Pittsburgh executives, decided to leave The Bank of New York Mellon Corp. within the last three months, as the old Mellon Financial shifted its headquarters to New York after 138 years here.

Mr. Shearan, Mellon's chief information officer, had been a member of Mellon's senior management committee since 2001. Mr. Obrist was director of corporate sourcing, in charge of all Mellon purchasing. Calls to both departments confirmed the executives were no longer with the company, now called The Bank of New York Mellon after a July 1 merger with The Bank of New York in Manhattan.

There may be more high-level departures in the months and years to come. The company has said Mellon Financial Chief Financial Officer Michael Bryson, who lost the CFO's job to The Bank of New York's Bruce Van Saun, plans to retire sometime in 2008. A severance agreement allows Mr. Bryson, who joined Mellon in 1974, to "walk away" for any reason during the 13th month following a "change in control" and collect two times his highest 12-month salary, two times his highest bonus in the last three years and continued benefits coverage for two years. Mr. Bryson's salary in 2006 was $525,000 and his bonus was $500,000.

Twelve other executives also have a 13th-month "walk away" clause, according to a document filed earlier this year with the U.S. Securities and Exchange Commission. The same executives also are entitled to their severance if employment is "terminated" for any reason other than "cause."

The Bank of New York Mellon continues to say little about local cuts or departures as a result of the July 1 merger. Last December, Mellon predicted fewer than 10 percent of 6,200 local positions would be cut through firing, not filling open positions and normal job attrition. It currently employs 6,230 local people -- up 160 from last December.

What the financial services company has not been silent about are decisions to bring more jobs to Pittsburgh -- part of its pledge to add 1,000-2,000 local positions over the next three to five years. Just last week, The Bank of New York Mellon promised 150 new jobs in a Downtown corporate trust office. Since January, it has announced plans for a total of 560 new jobs.

And yesterday, The Bank of New York Mellon Corp. unveiled a new three-color logo and advertising campaign, promising TV spots in mid-October that feature the tagline, "Who's Helping You." The logo depicts an arrow "pointing to the future," according to a press release. The arrow is split into three sections -- the tip the color of "heritage gold" and the other parts the colors of bronze and silver.

Spokesman Ron Gruendl said in an e-mail that the green "Mellon" sign atop One Mellon Center will remain, although the logo "might be removed in time." If that occurs, "we certainly will review the possibility of putting the new logo on the building."