Nasdaq Announces the Board of Directors of Its U.S. Exchanges

Rhea-AI Summary

On June 28, 2021, Nasdaq, Inc. (NDAQ) announced the election of all nominated directors to its U.S. exchange boards. The newly elected directors include Tal Cohen, Virgis W. Colbert, Michael J. Curran, David J. Frear, Thomas A. Kloet, Elizabeth G. Martin, David Rosato, Andrew J. Schultz, and Wendy S. White. This governance action aims to enhance the leadership structure within the company, potentially driving future growth and innovation.

Positive

• Election of experienced directors expected to strengthen leadership.
• Diverse backgrounds of appointees may enhance governance.

Negative

• Potential concerns regarding continuity with new governance.
• Experience gaps among newly elected directors may impact decision-making.

NEW YORK, June 28, 2021 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the election of all nominated directors to the boards of the U.S. exchanges operated by the company, which include The Nasdaq Stock Market LLC, Nasdaq PHLX LLC, Nasdaq BX, Inc., Nasdaq ISE, LLC, Nasdaq MRX, LLC, and Nasdaq GEMX, LLC:

• Tal Cohen, EVP and Head of North American Markets, Nasdaq, Inc.
• Virgis W. Colbert, Retired EVP, Miller Brewing Co., Senior Advisor, MolsonCoors
• Michael J. Curran, Retired Chairman and CEO, Boston Stock Exchange
• David J. Frear, Former Senior EVP and CFO, SiriusXM Holdings Inc.
• Thomas A. Kloet, Retired CEO and Executive Director, TMX Group Limited
• Elizabeth G. Martin, Global Co-Head of GS Electronic Trading (GSET), EMEA Execution Services and Equities Systematic Market Making, Goldman Sachs
• David Rosato, Senior EVP and CFO, People’s United Financial, Inc.
• Andrew J. Schultz, Head of Strategic Options Business, The Susquehanna International Group of Companies
• Wendy S. White, SVP and General Counsel, University of Pennsylvania and Penn Medicine
  

For further governance information, visit: http://ir.nasdaq.com/corporate-governance/nasdaq-stock-market/board-of-directors.

About Nasdaq: 

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

Nasdaq Media Contact:

Will Briganti
(646) 964-8169
william.briganti@nasdaq.com

-NDAQF-

FAQ

What was announced by Nasdaq on June 28, 2021?

Nasdaq announced the election of all nominated directors to the boards of its U.S. exchanges.

Who were the newly elected directors of Nasdaq?

The newly elected directors include Tal Cohen, Virgis W. Colbert, Michael J. Curran, David J. Frear, Thomas A. Kloet, Elizabeth G. Martin, David Rosato, Andrew J. Schultz, and Wendy S. White.

How might the new directors impact Nasdaq's governance?

The new directors bring diverse backgrounds and experiences, which could enhance Nasdaq's governance and operational strategies.

What is the stock symbol for Nasdaq?

The stock symbol for Nasdaq is NDAQ.