Nasdaq Announces Leadership Appointments to Support Strategic Growth Initiatives Across Listings and Market Technology Businesses
(Thomson Reuters ONE) -
Moves Aim to Broaden Full-Service Offering to Listed Companies, Corporate
Clients and Exchanges Globally
NEW YORK, Oct. 13, 2014 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) today announced
a series of leadership appointments across the company's Listing Services and
Market Technology businesses. The moves are designed to align leadership
responsibility with areas of strategic growth potential, enabling the company to
further broaden and deepen client relationships across the world. Lars
Ottersgård and Nelson Griggs will be promoted to Executive Vice President of the
firm's Market Technology and Listing Services businesses, respectively. Other
leadership moves include Bruce Aust, who has been elevated to Vice Chairman,
Listing Services and Bob McCooey, who has taken on the development of a new
global key account management program. These leadership changes are effective
immediately.
"The appointment of these individuals is representative of the strong leadership
ethos that is central to Nasdaq culture, always allowing us to manage our
business for long-term success," said Adena Friedman, President, Nasdaq Capital
Access, Technology & Insights. "Our business has grown and diversified
considerably over the past few years, and it is critical that our leadership is
aligned to maximize the growth opportunities inherent across the business."
Lars Ottersgård has been promoted to Executive Vice President, Market
Technology, reporting to Ms. Friedman. Mr. Ottersgård will assume full executive
responsibility for the Market Technology business unit, serving the business'
customers, which include more than 70 marketplaces in 50 countries, with
industry leading software solutions. He will also continue to lead SMARTS,
Nasdaq's global market surveillance business, and BWise, the company's global
risk and controls software business. Mr. Ottersgård joined Nasdaq in 2006, as
Global Head of Sales for the company's commercial technology business. During
his tenure at the company, Nasdaq's Market Technology business has strengthened
its competitive position and grown to over $200 million in annual revenue.
Nelson Griggs has been promoted to Executive Vice President, Nasdaq Listing
Services business unit, reporting to Ms. Friedman. Mr. Griggs will assume
overall global leadership responsibility for the Listing Services group,
overseeing the team that will continue to attract new listings, retain the
firm's more than 3,000 listed companies and further grow the number of switches
to Nasdaq's listing markets. Mr. Griggs has been with Nasdaq for 12 years,
initially working with listed companies and then moving into a role focused on
new listings. He has overseen North American Sales, as well as the Asia Pacific
region, for Nasdaq. In addition, Griggs has been instrumental in Nasdaq's
efforts to win many high-profile IPO's, and had a leading role in the
development of the Nasdaq Private Market.
Bruce Aust, Executive Vice President and Global Head of Listing Services, will
transition to Vice Chairman of Nasdaq, based in San Francisco, CA. He will
continue to be instrumental in the firm's Listing Services business, working to
serve Nasdaq's largest listed companies and prospects worldwide. He will also
focus on building and launching the Nasdaq Entrepreneurial Center in San
Francisco, slated to open in 2015. Additionally, Mr. Aust will operate as a
senior advisor to Ms. Friedman.
Bob McCooey, Senior Vice President, will continue his current leadership role
within the Listing Services group, but will also assume a new role developing
and leading a new global key account management program. He will work across the
company to target top clients and develop an enhanced, high-touch sales and
service model to further shepherd key client relationships.
"As we gain momentum through our growth and expansion, it is vital that we
continue, at pace, to develop our leadership and ensure they are aligned with
the growth opportunities ahead," Ms. Friedman continued. "These leaders are
being entrusted, not only with that future growth potential, but in finding ways
we can more effectively deliver the entirety of our offering to create new
opportunities to serve our clients."
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, exchange technology,
information and public company services across six continents. Through its
diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and
execute their business vision with confidence, using proven technologies that
provide transparency and insight for navigating today's global capital markets.
As the creator of the world's first electronic stock market, its technology
powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's
securities transactions. Nasdaq is home to more than 3,400 listed companies with
a market value of over $8.5 trillion and more than 10,000 corporate clients. To
learn more, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements include, but are not limited to, statements about
Nasdaq and its products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
Nasdaq's control. These factors include, but are not limited to factors detailed
in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S.
Securities and Exchange Commission. We undertake no obligation to release any
revisions to any forward-looking statements.
NDAQG
CONTACT: MEDIA RELATIONS CONTACT:
Linda Recupero
1.212.231.5534
linda.recupero(at)nasdaq.com
Joseph Christinat
1.646.441.5121
joseph.christinat(at)nasdaq.com
INVESTOR RELATIONS CONTACT:
Ed Ditmire, CFA
1.212.401.8737
ed.ditmire(at)nasdaq.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: The NASDAQ OMX Group, Inc. via GlobeNewswire
[HUG#1862396]
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Datum: 13.10.2014 - 14:58 Uhr
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