New York Stock Exchange Appoints Stacey Cunningham As Its First Female President, a First in Its 226-Year-Old History
Cunnington joined NYSE in 1994 as an intern and worked as a floor specialist for Bank of America Specialist Inc. from 1996 to 2005.
The New York Stock Exchange (NYSE) has appointed Stacey Cunnington, their Chief Operating Officer (COO) as its female president. It is the first in their 226-year-old exchange's history that they are having a female chief. Cunnington will replace Tom Farley who will be leaving the company. Josh King, a spokesman for Intercontinental Exchange Inc., NYSE's parent company confirmed the developments to the media.
In 2015, Cunnington became NYSE's COO and managed the company's cash equities markets, relationship management, product management, and NYSE governance services. Cunnington joined NYSE in 1994 as an intern and worked as a floor specialist for Bank of America Specialist Inc. from 1996 to 2005.
Her LinkedIn profile says she joined Nasdaq as an executive in March 2007. There she started out as the director of capital markets and climbed the ladder to be named the head of sales for U.S. transaction services in August 2011. In 2012 she returned to NYSE as the COO. She has a degree in industrial engineering from Lehigh University.
On Friday, NYSE's global head of listing, John Tuttle, will become the chief operating officer. News agency Associated Press (AP) quoted her as saying to The Wall Street Journal that she "loved the place right out of the gate'' and now she's "excited to be running it.''
(The above story first appeared on LatestLY on May 22, 2018 06:59 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).