NEW YORK – The New York Stock Exchange (NYSE) on Monday appointed a new president, Lynn Martin, who becomes the second woman to run the trading floor in its more than two centuries of history, and reinforced the presence of senior executives in its Dome.
Martin, 46, until now Head of Fixed Income and Data Services at NYSE parent company Intercontinental Exchange (ICE), will replace Stacey Cunningham, who made history in 2018 by leading the world’s best-known stock market.
This was announced by Jeff Sprecher, the CEO of ICE, who in a letter to his 10,000 employees applauded the “strategic decisions” made by his management team in recent years and presented a “new generation of leaders” to face future challenges.
Regarding the responsibility of being the 68 director of the NYSE, Martin said: “It is an honor, especially because I understood the seriousness of being asked to fill this role as a woman and what it means to have the confidence of a CEO and entrepreneur of a (firm included in the list) Fortune 500, whom I have admired for years. “
Its predecessor, Cunningham, led the technological transformation of the NYSE, promoted direct IPOs and influenced the application of environmental, social and governance (ESG) criteria in the group and in its investment community. .
Among the new executives is financial attorney Sharon Bowen, the first African-American member of the US Commodity Futures Trading Commission, who sits on the NYSE’s board of directors and will now serve as its next president.
Amanda Hindlian, the NYSE’s current global head of capital markets, will take over from Martin at the helm of fixed income and data services, which include pricing about 3 million stocks a day, Sprecher said.
Another prominent position will be Elizabeth King, ICE’s head of regulation, who adds responsibilities by overseeing the council that works with NYSE listed companies to comply with its policy of being controlled by diverse members, including women and minorities.
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