On February 17, 2011, Börje Ekholm was elected to The NASDAQ OMX Group, Inc. Board of Directors. Mr. Ekholm is currently President and Chief Executive Office of Investor AB, the Nordic-based industrial holding company, where he has held a variety of management positions since joining the firm in 1992. Prior to his current role, Mr. Ekholm was a Member of the Management Group of Investor AB, where he had oversight of the New Investments business and President of Novare Kapital AB, an early-stage venture capital company. Previously, Mr. Ekholm worked at McKinsey & Co Inc. Mr. Ekholm has extensive experience in overseeing the activities of a company. He currently sits on the board of directors for Chalmersinvest AB, EQT Partners AB, Lindorff Group AB, Telefonaktiebolaget LM Ericsson and KTH Royal Institute of Technology.
Mr. Hutchins is a co-founder and Managing Director of Silver Lake, which is one of the world's largest firms investing in technology and technology-enabled businesses. He is chairman of the board of SunGard Corp. and a director of the NASDAQ OMX Group, Inc. and Mercury Payment Systems. Mr. Hutchins served President Clinton in both the transition and the White House as a special advisor on economic and health-care policy. He is also a director of the Federal Reserve Bank of New York and Vice Chairman of the Brookings Institution. Mr. Hutchins is a director of the Harvard Management Company, which is responsible for the University's endowment, and Chairman of the DuBois Institute at Harvard. He is an owner and member of the Executive Committee of the Boston Celtics basketball team. He is also a trustee of the New York-Presbyterian Hospital and a board member of the Economics Club of New York. Mr. Hutchins holds an A.B. from Harvard College, an M.B.A. from Harvard Business School, and a J.D. from Harvard Law School.
JOHN D. MARKESE is the former president and chief executive officer of the American Association of Individual Investors, a not-for-profit educational association founded in 1978. He earned doctorate in finance at the University of Illinois, concentrating on financial markets and investments, and has taught investments and portfolio management at several universities. Dr. Markese was a governor of the NASD (FINRA) from 1998 to 2002 and also served on the NASD Regulation Dispute Resolution Board. He currently serves on the board of directors of The NASDAQ OMX Group, Inc., and is Chairman of the NASDAQ OMX Audit Committee. Dr. Markese also serves on the boards of The NASDAQ Stock Market LLC, NASDAQ OMX PHLX and the NASDAQ OMX BX.
Mr. O’Neill is the former chairman of Ranieri Partners Financial Services Group (RFS), which is a predecessor company to the Kimberlite Group. RFS acquired and managed financial-services companies and is a subsidiary of Ranieri Partners Management, LLC, a New York investment advisory firm. Prior to forming RFS with Mr. Ranieri in 2010, Mr. O’Neill was a founding principal of the investment banking and brokerage firm Sandler O’Neill + Partners L.P., where he advised bank and thrift clients on strategic transactions and financing. Previously, he had served as a managing director at Bear Stearns and as co-manager of the bank’s Financial Services Group. He began his Wall Street career at L.F. Rothschild & Co. in 1972. Mr. O'Neill is a member of the board of directors of Archer Daniels Midland and serves as chairman of its audit committee. He also serves on the board of directors of NASDAQ Stock Market, Inc., where he is chairman of the finance committee and a member of the executive committee. He also serves as a director of Misonix, Inc., a publicly traded medical-equipment manufacturer. Mr. O’Neill is a graduate of New York University and a veteran of the United States Air Force.
Mike Splinter is executive chairman of the board of directors for Applied Materials, Inc. He was named president and chief executive officer and a member of its board of directors in 2003 and became chairman of the board in 2009. Mr. Splinter is a 40-year veteran of the semiconductor industry and led Applied Materials to record revenue and profits during his decade-long tenure as CEO. He is the recipient of the Semiconductor Industry Association's 2013 Robert N. Noyce Award for his outstanding achievements and leadership in support of the semiconductor industry.
Mr. Splinter serves on a number of influential business and industry boards and councils, including the U.S. – India CEO Forum and the Council on Competitiveness. He serves on the boards of the NASDAQ OMX Group, Semiconductor Equipment and Materials International (SEMI) and Pica8, Inc. Mr. Splinter is committed to education and sits on the board of the University of Wisconsin Foundation.
Prior to joining Applied Materials, Mr. Splinter spent 20 years at Intel Corporation where he held a number of positions including executive vice president and director of Sales and Marketing and executive vice president and general manager of the Technology and Manufacturing Group.
Mr. Splinter began his career at Rockwell International in the firm’s Electronics Research Center where he became manager of the company’s Semiconductor Fabrication Operations and was awarded two patents. Author of numerous papers and articles, Mr. Splinter earned both Bachelor of Science and Master of Science degrees in electrical engineering from the University of Wisconsin, Madison.
LARS WEDENBORN, CEO of FAM (Foundation Asset Management) fully owned by Wallenberg foundations, is a Swedish citizen and has a Master of Science degree in Economics from the University of Uppsala. He started his career as auditor followed by an assignment as CFO at Cabanco. During 1991-2000 he was Deputy Managing Director and CFO at Alfred Berg, a Scandinavian investment bank. He served with Investor AB, a Swedish holding company, as Executive Vice President and CFO, 2000-2007. Mr. Wedenborn is Chairman of the Board of the NASDAQ OMX Nordic Ltd. and also a member of the boards of SKF and The Grand Hotel.
Bob Greifeld is Chief Executive Officer of The NASDAQ OMX Group (NASDAQ: NDAQ), the world's largest exchange company.
Greifeld assumed leadership of NASDAQ in 2003, when the company's primary business was operating one equity market in the U.S. Today, NASDAQ OMX is a leading participant in the exchange and technology sector, delivering trading, listing, financial market technology and public company services across six continents. Mr. Greifeld has led NASDAQ OMX through a series of complex, innovative acquisitions that have extended its footprint across the world, spanning all asset classes. In 2008, he led the Exchange's combination with Stockholm-based OMX AB, as well as acquisitions of the Philadelphia Stock Exchange, the Boston Stock Exchange and Nord Pool, Europe's largest power market. Nasdaq OMX operates 22 markets, 10 clearing houses and supplies technology to another 65 exchanges around the world. In January 2009, NASDAQ OMX was named "Company of the Year" by Forbes magazine. Also in 2009, NASDAQ OMX was ranked as one of the best performing companies in the U.S. as part of the BusinessWeek 50, and it was named to Fortune Magazine's annual list of 100 Fastest Growing Companies.
Greifeld has been a strong advocate of modernizing exchanges and financial regulation to keep America's capital markets competitive. He has been outspoken on issues including Sarbanes Oxley, encouraging CEOs to embrace sound, modern regulation as consistent with good business practices. Greifeld has been critical of outmoded U.S. immigration policies, citing these as harmful to U.S. innovation and business growth. Prior to joining NASDAQ OMX, Greifeld led the buy-side businesses for SunGard Data Systems. He was an entrepreneur for 10 years and with a small team, created what became the industry standard trade order management system for NASDAQ stocks. The company he led, Automated Securities Clearance and its technology platform, BRASS, was purchased by SunGard in 1999. Greifeld holds a Masters in Business from New York University, Stern School of Business, and a B.A. in English from Iona College. His graduate school thesis was on the operation of The NASDAQ Stock Market.
Greifeld is a member of the Business Roundtable, the Financial Services Roundtable and the Partnership for New York City, an organization devoted to enhancing the local economy. He is Chairman of the USA Track & Field Foundation, which supports emerging athletes and inner city youth athletics.
Current as of: 01/11
Meyer “Sandy” Frucher is Vice Chairman of The NASDAQ OMX Group. In this role, Mr. Frucher is responsible for global exchange relationships and serves as a senior advisor to NASDAQ OMX’s senior management team on a broad range of industry and regulatory issues. He joined the exchange after NASDAQ OMX completed its acquisition of The Philadelphia Stock Exchange, known today as NASDAQ OMX PHLX, on July 24, 2008.
From June 1998, Mr. Frucher was Chairman and CEO of the Philadelphia Stock Exchange. Under Mr. Frucher's leadership, the PHLX built an advanced trading system that set new industry standards for exchange trading technology. He also led the effort to demutualize the Exchange making the PHLX the first floor-based exchange to convert from a seat-owned, mutual cooperative institution to a for-profit, shareholding Delaware company. In 2005, Mr. Frucher enhanced the PHLX’s competitive position by striking strategic alliances with six key Wall Street and derivatives firms including Citadel Derivatives Trading Group LLC, Citigroup, Credit Suisse, Merrill Lynch, Morgan Stanley and UBS. Each firm made significant investments in the PHLX.
Mr. Frucher also spearheaded the revitalization of the Philadelphia Board of Trade (PBOT), the futures market subsidiary to the PHLX. Before Mr. Frucher came to the PHLX, he gained extensive experience in business, government and labor relations. Among other positions, he has served as a Management Consultant to major organizations including World Financial Properties Inc., formerly Olympia and York. He served as Executive Vice President of Development for Olympia and York from 1988 to 1996, where he coordinated and oversaw all development projects in the U.S. Mr. Frucher led two major, quasi-public authorities in New York where he was responsible for the development, financing and construction of complex, large-scale public and private facilities. He served from 1984 to 1988 as President and CEO of the Battery Park City Authority in New York City. Mr. Frucher was Chief Labor Negotiator for the state of New York from 1978 to 1983.
In addition to his responsibilities at the PHLX, Mr. Frucher is the founding chairman and trustee emeritus of the Board of the Massachusetts Museum of Contemporary Art, an institution responsible for developing the largest center for contemporary visual and performing arts in the United States. He also sits on the Board of the Saratoga Performing Arts Center located in Saratoga Springs, N.Y.
Mr. Frucher received a Bachelor's degree in Government from Columbia University. He earned a Master of Public Administration degree from the John F. Kennedy School of Government, Harvard University.
|Holdings: 98,101 shares|
Anna Ewing is Executive Vice President of Global Technology Solutions for the NASDAQ OMX Group, Inc. Anna has more than 25 years of experience in delivering client-focused technology in the financial services industry. In her role at NASDAQ OMX, Anna is responsible for Global Technology Services and the Market Technology business unit, which provides commercial technology solutions to over 70 exchanges and markets around the world. Integral to Ms. Ewing's role is overseeing the exchange's technology roadmap.
Since assuming her position, Ms. Ewing has been the technology architect for NASDAQ OMX's transformation from a single U.S. cash equities market to an exchange company with 24 markets around the globe, covering all major asset classes. In addition to the OMX merger, Ms. Ewing and her team have re-platformed company acquisitions including BX, formerly the Boston Exchange and NASDAQ OMX PHLX and have successfully rolled out the INET trading system in all NASDAQ OMX equity markets across the world. The Technology team at NASDAQ OMX has supported the launch of dozens of new products across all of the company's business units. All this was accomplished while providing 99.99+% uptime for its markets, which experienced record volumes during the financial crisis. Most recently, Ms. Ewing oversaw the acquisition of SMARTS, the world leading provider of market surveillance technology for exchange, regulator, and broker markets worldwide. She also manages the global technology operations for FTEN, a leading provider of real-time risk management solutions, which was acquired by NASDAQ OMX in December 2010.
As a widely recognized expert, technology innovator and driver of company and industry growth, Anna participates and is frequently featured as a speaker at a variety of events globally. Ms. Ewing regularly participates in leading financial industry conferences, global economic forums, such as The World Economic Forum, and other technology-focused events.
Prior to joining NASDAQ, Anna was with CIBC World Markets in New York and Toronto, where she served as Managing Director of Global Applications Services and as a founding member of CIBC.com. Before that, Ms. Ewing served as Vice President at Merrill Lynch, where she held various leadership positions within Technology. She is a graduate of Schulich School of Business at York University in Toronto. Ms. Ewing holds an M.B.A. from York University in Toronto, where she majored in Management Information Systems.
|Holdings: 166,941 shares|
John Jacobs is Executive Vice President of The NASDAQ OMX Group, Inc. He heads up The NASDAQ OMX Global Index Group and the Global Data Products Group, now known as Global Information Services. In this position, Jacobs is responsible for all aspects of our information product business development, including the creation and licensing of strategy indexes in the U.S. and abroad.
Under his direction, NASDAQ launched the NASDAQ-100 Index Tracking StockSM (QQQQ), one of the most successful financial products in stock market history. To date, The NASDAQ OMX Global Index Group has launched over 2900 products based on NASDAQ indices in more than 27 countries around the world.
Among his former responsibilities at NASDAQ, Jacobs served as Chief Marketing Officer, launched and led NASDAQ's first listed-company sales force, and managed the company's customer service teams. Also included in his broad range of experience is management of NASDAQ's listings and compliance group, which reviews and processes all SEC documents and financial filings. Additionally, Jacobs was part of the team that garnered a "yes" vote from more than 5,000 NASD member firms to spin off NASDAQ. Since then, he was part of the core group that successfully orchestrated the first two rounds of NASDAQ's private placements, paving the way for NASDAQ to become a publicly traded company.
Jacobs earned his BS in accounting from the University of Maryland, is a certified public accountant (CPA), and holds an MBA from Loyola. He has taught Investment Banking and other graduate courses in the MBA programs at both Johns Hopkins University and Georgetown University.
For over 10 years, he served as a judge for both the Washington, DC and New York City Ernst & Young Entrepreneur of The Year Award Programs. Jacobs has also presided as a judge for the MBA competition at the University of Maryland.
In addition to past service on the Boards of NASDAQ Global Funds, Inc., NASDAQ Financial Products Services Ireland Limited, The NASDAQ Insurance Agency LLC, and the Board of Advisors of CourtExpress, Inc., he currently serves on the Editorial Board of the Journal of Indexes.
Current as of: 03/13
|Holdings: 117,224 shares|
Hans-Ole Jochumsen is Executive Vice President of Transaction Services Nordics for The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ), the world's largest exchange company. Transaction Services Nordics is an integrated marketplace of eight independent Nordic and Baltic exchanges. These Nordic exchanges offer trading and clearing (for futures, options and OTC) of Nordic and Baltic securities shares, futures, options and fixed income products, all traded on highly efficient trading systems enabling easy cross border trading.
Jochumsen is also responsible for NASDAQ OMX Commodities, the global commodities business unit within the company, encompassing among other things the trading and clearing of financial products traded on the world's largest power exchange. Furthermore, Hans-Ole Jochumsen oversees Broker Services, NASDAQ OMX's offering of back office and custody solutions to Nordic clients.
As President Transaction Services Nordics, Jochumsen's responsibility is to successfully lead the Nordic and Baltic markets to maintain and further develop the strong strategic position in the European equities markets.
Prior to the merger between NASDAQ and OMX, Jochumsen served as President and member of the OMX Executive Team. Hans-Ole Jochumsen has played a key role in the strategic development of OMX and the business area Information Services & New Markets in particular. Jochumsen’s responsibility encompassed three areas, enabling growth in Information Services, integrating and developing the Baltic markets as well as cultivating OMX business in high potential Central European capital markets. Areas of responsibility also included Broker Services, OMX's offering of back office and custody solutions to Nordic clients.
Previously, Jochumsen served as President and CEO of Copenhagen Stock Exchange and FUTOP Clearingcentralen Ltd. He was at the helm of the Copenhagen Stock Exchange during its exceptional turnaround from 1998-2006. He also spearheaded the merger of the Copenhagen and Stockholm exchanges.
From 1990 to 1998 Jochumsen served as member of the Management Board of the following Danish financial institutions; BRFkredit, GiroBank and BG Bank. The latter being the third largest bank in Denmark.
Since 2011 Jochumsen is Chairman of FESE, Federation of European Securities Exchanges.
Current as of: 03/13
Brad Peterson is Executive Vice President and Chief Information Officer (CIO) for The NASDAQ OMX Group, Inc. He previously served as CIO and EVP for Schwab Technology Services (STS), responsible for Schwab’s technology innovation, development, infrastructure and operations.
In addition to leading Schwab’s technology enterprise, Peterson also had responsibility for Project Services (which covered the planning, coordination and financial management of all company-wide projects) and Offshore Services (leveraging third-party offshore capabilities whenever appropriate).
Peterson also served as CIO at eBay for five years. Prior to eBay, Peterson was the Managing Director and Chief Operating Officer (COO) at Epoch Securities after its merger with Goldman Sachs Group, Inc. He has also held senior executive positions at companies including Epoch Partners, Schwab, Pacific Bell Wireless and Pacific Telesis (now part of AT&T).
He earned his master's degree in management at MIT Sloan School of Management and a bachelor's degree in systems science and economics at the University of California, Los Angeles (UCLA).
Edward Knight is Executive Vice President and General Counsel of the NASDAQ OMX Group (NASDAQ: NDAQ), the world's largest exchange. Mr. Knight served as the Chief Legal Officer of the National Association of Securities Dealers (NASD, now FINRA) from June 1999 until becoming NASDAQ General Counsel in 2001. In his role as General Counsel, Knight is responsible for providing legal counsel to senior management and for overseeing the quality of legal services across the global organization. He is also responsible for government relations, listing qualifications, market regulation and the office of economic research. In addition, Knight oversees the Office of Corporate Secretary, which is responsible for all of NASDAQ's corporate governance activities and maintaining the Corporate Record. Mr. Knight is the Chief Regulatory Officer of the NASDAQ Exchange.
Knight led NASDAQ's efforts to operate as a national securities exchange. In January 2006, the Securities and Exchange Commission (SEC) unanimously approved NASDAQ's application for exchange status. This action allowed NASDAQ to complete its separation from NASD and realize its vision as the premier market in the world served by the gold standard in regulators, the NASD.
Prior to joining the NASD, Knight served as General Counsel of the U.S. Department of the Treasury from September 1994 to June 1999, where he was the Department's longest-serving General Counsel since the position was created in 1934. Upon his departure, Knight received the Alexander Hamilton Award from Treasury Secretary Robert Rubin. This is the Department's highest award. He also received the Honor Award from the Secret Service. Before being named General Counsel, Knight served as Executive Secretary and Senior Advisor to Secretary of the Treasury Lloyd Bentsen.
Knight's accomplishments at the Treasury Department include his critical involvement in the United States' provision of bilateral assistance to the Government of Mexico in 1995 and to the Government of Brazil in the fall of 1998. He served on the commission that restructured the Internal Revenue Service in 1996 and led the legal team that advised Treasury Secretary Rubin in 1995 and 1996 on the debt limit crisis.
Prior to his tenure at the Treasury, Knight was a partner with the law firm of Akin, Gump, Strauss, Hauer and Feld in its Washington, D.C., office. A Texas native, Knight received his B.A., with honors, in Latin American Studies from the University of Texas at Austin and his J.D. from the University of Texas School of Law. He sits on the law school's Alumni Board of Directors. Knight is a member of the District of Columbia, Texas and Supreme Court Bars. He is a member of the Council on Foreign Relations. Mr. Knight served as a member of the Obama Transition Team at the U.S. Treasury Department in 2008-2009.
Current as of: 03/10
|Holdings: 117,390 shares|
|Audit||Executive||Nominating & Governance Committee||Management Compensation|
|Steven D. Black|
|Börje E. Ekholm|
|Glenn H. Hutchins|
|John D. Markese|
|Ellyn A. McColgan|
|Thomas F. O'Neill|
|James S. Riepe|
|Michael R. Splinter|
|Lars R. Wedenborn|
The Board of Directors of The NASDAQ OMX Group, Inc. (the "Company") sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.
As the world's largest exchange company, NASDAQ OMX is driven to delivering multi-asset, multi-service capability across every major continent. NASDAQ OMX provides forward-thinking services and technology that have the power to drive capital formation, transform business and fuel economic growth around the world.
As a public company, NASDAQ OMX encourages its employees, customers and the public to notify us with complaints or concerns about suspected violations regarding NASDAQ OMX's accounting practices, internal controls, financial statements, corporate policies or applicable governmental laws, rules and regulations.
To report a suspected violation contact:
The NASDAQ OMX Group, Inc.
Attn: NASDAQ OMX Office of General Counsel
805 King Farm Boulevard, 1st and 2nd floor
Rockville, MD 20850
Ph: (301) 978-8400
To communicate with the Board of Directors, any individual Director or any group or Committee of Directors, correspondence should be addressed to the Board of Directors or any such individual Director or group or Committee of Directors by either name or title. Please send a note/letter to:
The NASDAQ OMX Group, Inc.
One Liberty Plaza, 50th Floor
New York, NY 10006
Attention: Corporate Secretary
All communications will be opened by the Corporate Secretary for the sole purpose of determining whether the contents represent a message to NASDAQ OMX's Board of Directors. The Corporate Secretary will forward copies of all correspondence that, in the opinion of the Corporate Secretary, deals with the functions of the Board of Directors or its committees or that he or she otherwise determines requires the attention of any member, group or committee of the Board of Directors.
The Corporate Secretary will not forward or respond to junk mail, job inquiries, business solicitations, complaints by users or customers with respect to ordinary course of business customer service, offensive or otherwise inappropriate materials.