8-K

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                                UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION

                            Washington, D.C. 20549


                                 FORM 8 - K

                               CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of
                     the Securities Exchange Act of 1934


                                Date of Report
                      (Date of earliest event reported):
                               July 26, 2006

                        THE BANK OF NEW YORK COMPANY, INC.
                        ----------------------------------
              (exact name of registrant as specified in its charter)


  NEW YORK                 001-06152               13-2614959
  --------                 ---------               ---------
(State or other jurisdiction  (Commission    (I.R.S. employer of
incorporation)                file number)      identification number)


         One Wall Street, New York, NY                       10286
         -----------------------------                       -----
    (Address of principal executive offices)                (Zip code)

                                    212-495-1784
                                    ------------
                  (Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities
    Act(17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))


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Item 5.02. Departure of Directors or Principal Officers; Election of
Directors; Appointment of Principal Officers.

(c) On July 26, 2006, The Bank of New York Company, Inc. (the "Company")
issued a press release announcing the Board of Directors has named Senior
Executive Vice President Thomas (Todd) P. Gibbons as Chief Financial
Officer of the Company, effective September 1, 2006. Mr. Gibbons is
currently The Bank of New York's chief risk officer.  He will continue in
his capacity as chief risk officer in addition to his new position as Chief
Financial Officer. Mr. Gibbons, age 49, joined The Bank of New York in 1986
and held key management positions in the capital markets business. His 20-
year career with the Company has included a number of leadership roles
including head of global treasury, with responsibility for asset and
liability management, funding, money market trading, swaps and derivative
products.  He was named chief risk policy officer in 1999 and has directed
the Company's comprehensive approach to managing credit, operational and
market risk.

The current Chief Financial Officer and Vice Chairman, Bruce W. Van
Saun, will remain at the Company in the position of Vice Chairman and
assume leadership responsibility for the Bank's market-related
businesses including asset management, private banking, global markets
and securities lending.  He will also continue to oversee the capital
markets business and the corporate development function. The Company
also announced expanded responsibilities for two other senior
executives.

A copy of the press release is attached to this Form 8-K as
Exhibit 99.1 and is incorporated herein by reference.






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ITEM 9.01   Financial Statements and Exhibits
            ---------------------------------

Index to and Description of Exhibits

(d)  Exhibit No.     Description
     -----------     -----------
        99.1	     Press release, dated July 26, 2006, related to the
                     announced expanded responsibilities for several senior
                     executives.







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                                   SIGNATURE
                                   ---------



     Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.


Dated: July 26, 2006

                                     THE BANK OF NEW YORK COMPANY, INC.
                                     (Registrant)


                                      By: /s/ Bruce W. Van Saun
                                      -------------------------
                                      Name:   Bruce W. Van Saun
                                      Title:  Chief Financial Officer









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                                 EXHIBIT INDEX
                                 -------------


Exhibit No.     Description
- -----------     -----------
    99.1	Press release, dated July 26, 2006, related to the
                announced expanded responsibilities for several senior
                executives.

EX-99

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                                                           Exhibit 99.1

NEWS RELEASE

Contacts: R. Jeep Bryant
          Kevin Heine
          (212) 635-1569

For Immediate Release

           The Bank of New York Announces Expanded Responsibilities
                          for Several Senior Executives

NEW YORK, July 26, 2006 - The Bank of New York Company, Inc. today announced
new and expanded roles for several of its top executives:

*   Vice Chairman Bruce W. Van Saun will assume leadership of the Bank's
    market-related businesses including asset management, private banking,
    global markets and securities lending.  He will continue to oversee the
    capital markets business and the corporate development function.  He will
    relinquish his duties as Chief Financial Officer as he moves to this new
    role.

*   Senior Executive Vice President Thomas (Todd) P. Gibbons will become the
    Company's Chief Financial Officer. Mr. Gibbons is currently the Bank's
    Chief Risk Officer.  He will continue to oversee the risk management
    functions in his expanded role.  Mr. Gibbons will assume the role of Chief
    Financial Officer effective September 1, 2006, working closely with Mr.
    Van Saun through the end of the third quarter to ensure a smooth
    transition.

*   Vice Chairman Donald R. Monks will take on expanded responsibilities in
    the newly-created role of Chief Administrative Officer of the Bank.  In
    addition to his current role as head of the global operations and
    technology organization, Mr. Monks will assume additional responsibility
    for human resources, compliance, corporate marketing, corporate
    communications and quality assurance.

*   Senior Executive Vice President Brian G. Rogan will assume additional
    responsibility for broker dealer services, global payments and trade
    services.  Mr. Rogan will continue to lead the Bank's issuer services
    business, which includes corporate trust, depositary receipts and stock
    transfer.

Messrs. Van Saun, Gibbons and Monks will continue to report to Chairman and
Chief Executive Officer Thomas A. Renyi.  Mr. Rogan will continue to report
to President Gerald L. Hassell.

"These appointments reflect the depth of experience and expertise among our
senior management team and are appropriate recognition of the outstanding
contributions these four leaders have already made to our growing Company,"
Mr. Renyi said. "The expanded responsibilities will further enhance the
leadership experience and capabilities of these key executives. I have every
confidence that each of them will set even higher standards of performance
for the areas they will now lead, accelerating the Company's pursuit of our
key growth objectives."

Since joining the Company in 1997 as Chief Financial Officer, Mr. Van Saun
has played a key role in the Company's strategic development, strengthening
the Company's financial position and transforming its business mix through
more than 80 acquisitions and several noteworthy transactions, including the

                                   - more -
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pending swap transaction with JPMorgan Chase, the formation of BNY ConvergEx,
and two major divestitures. Prior to joining the Company, Mr. Van Saun held
senior leadership positions at Deutsche Bank, Wasserstein Perella, and Kidder
Peabody.  Mr. Van Saun serves on the Board of Directors of Bowater
Incorporated, is Chair of the Bucknell University Business Advisory Board,
and is a representative to the Financial Services Roundtable.

Mr. Gibbons joined The Bank of New York in 1986 and held key management
positions in the capital markets business. His 20-year career with the Company
has included a number of leadership roles including head of global treasury,
with responsibility for asset and liability management, funding, money market
trading, swaps and derivative products.  He was named chief risk policy officer
in 1999 and has directed the Company's comprehensive approach to managing
credit, operational and market risk.  Mr. Gibbons has been instrumental in
ensuring the Company's successful preparation for Basel II implementation and
he has been a leader in shaping the development of operations risk management
across the industry. Prior to joining the Company, Mr. Gibbons was assistant
treasurer at Handy and Harman, a leading refiner, processor and fabricator of
precious metals.

During more than three decades with the Company, Mr. Monks has directed key
functions including an operations and technology organization that now spans
three continents and includes a staff of nearly 7,000.  Mr. Monks has been
recognized globally as a leader in shaping the evolution of the payments and
securities servicing industries as well as in developing industry protocols
for infrastructure resilience and business continuity.  He is a
representative to the Financial Services Roundtable and serves on the
advisory board of BITS, its sister organization that focuses on issues
related to emerging technology.  He is also a member of the Federal Reserve's
Payments System Risk Advisory Committee and the Executive Committee of the
U.S. Council for International Business.

A 25-year veteran of The Bank of New York, Mr. Rogan has led the Company's
issuer services businesses since 2003.  He has played a key role in directing
major divisions of the Company including capital markets, global markets and
securities lending.  He has managed an asset restructuring unit of the Bank
and directed key segments of the organization's corporate banking business.
He has led additional business units including credit cards, separately
managed accounts and regional commercial banking.  Mr. Rogan serves on the
New York City Police and Fireman's Widows and Orphans Fund Committee.

The Bank of New York Company, Inc. (NYSE: BK) is a global leader in providing
a comprehensive array of services that enable institutions and individuals to
move and manage their financial assets in more than 100 markets worldwide.
The Company has a long tradition of collaborating with clients to deliver
innovative solutions through its core competencies: securities servicing,
treasury management, investment management, and private banking.  The
Company's extensive global client base includes a broad range of leading
financial institutions, corporations, government entities, endowments and
foundations.  Its principal subsidiary, The Bank of New York, founded in
1784, is the oldest bank in the United States and has consistently played a
prominent role in the evolution of financial markets worldwide.  Additional
information is available at www.bankofny.com.

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