John A. DeMarco
Chief Operating Officer
Mr. John DeMarco is Chief Operating Officer in Kelmar’s Massachusetts office. Mr. DeMarco holds a Bachelor of Arts from the University of Massachusetts at Amherst. Mr. DeMarco began his career in the field of unclaimed property in 1998, developing comprehensive protocols for auditing and reporting unclaimed property, and locating shareholders.
Mr. DeMarco joined Kelmar in 2010. Prior to becoming Chief Operating Officer in March of 2017, he served as Vice President of Fiduciary Management and Managing Director of unclaimed securities examinations and data management services in Kelmar’s Massachusetts office. As Chief Operating Officer, Mr. DeMarco spearheads business development and oversees Kelmar’s compliance services lines, including all multi-state examinations performed on behalf of Kelmar’s state clients. Working closely with Kelmar’s Executive Management team, he ensures best practices are employed in all audit operations.
Mr. DeMarco is a subject matter expert in unclaimed property, with an extensive background in stock transfer, data analysis, reporting, and recordkeeping systems. John is well versed in unclaimed property laws and federal regulations governing securities examinations, and is widely regarded as a key industry resource on such matters.
- Serves as the Company’s Chief Operating Officer
- Experience in the field of Unclaimed Property since 1998
- Oversees management of all multi-state unclaimed property examinations
- Extensive strategic planning, and operational and staff management experience
Prior Unclaimed Property Experience
Prior to joining Kelmar, Mr. DeMarco held a steady progression of positions for 12 years with Xerox Unclaimed Property Clearinghouse (now Conduent). His roles included Vice President of Operations, culminating in his final three years as Chief Operating Officer. Mr. DeMarco was responsible for oversight of strategic planning, operations and staff management, including the management of unclaimed securities custody, claims processing, owner reunification, audit, and the Wagers & Associates unclaimed property systems.