NASDAQ OMX Group

Charlene T. Begley served in various capacities for the General Electric Company, a diversified infrastructure and financial services company, from 1988 through December 2013. Most recently, Ms. Begley served in a dual role as GE’s Senior Vice President and Chief Information Officer, as well as the President and Chief Executive Officer of GE’s Home and Business Solutions business from January 2010 through December 2013. Previously, Ms. Begley served as President and Chief Executive Officer of GE Enterprise Solutions from August 2007 through December 2009. Over her career at GE, Ms. Begley also served as President and Chief Executive Officer of GE Plastics and GE Transportation. She also led GE’s Corporate Audit staff and served as the Chief Financial Officer for GE Transportation and GE Plastics Europe and India. Ms. Begley is a director and member of the audit committee of WPP plc.



Steven D. Black was elected to NASDAQ OMX’s board of directors in December 2011. Since September 2012, Mr. Black has been the Co-CEO of Bregal investments, a private equity firm. He was the Vice Chairman of J.P. Morgan Chase & Co. from March 2010 through February 2011 and a member of the firm’s Operating and Executive committees. Prior to that position, Mr. Black was the Executive Chairman of J.P. Morgan Investment Bank from October 2009 through March 2010. Mr. Black served as a Co-Chief Executive Officer of J.P. Morgan Investment Bank from 2004 through 2009. Mr. Black was the Deputy Co- Chief Executive Officer of J.P. Morgan Investment Bank since 2003. He also served as head of J. P. Morgan Investment Bank’s Global Equities business since 2000 following a career with Citigroup and its predecessor firms.

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.



Bob Greifeld assumed leadership of Nasdaq in 2003, when the company's primary business was operating one equity market in the U.S. Today, Nasdaq is a leading participant in the exchange and technology sector, delivering trading, listing, intelligence, and public company services across six continents.

During his tenure, Mr. Greifeld has led Nasdaq through a series of complex, innovative acquisitions that have extended the company’s 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 owns and operates 26 markets, one clearinghouse and five central securities depositories across the U.S. and Europe. Its technology drives more than 70 marketplaces worldwide. In January 2009, Nasdaq was named "Company of the Year" by Forbes magazine. Also in 2009, Nasdaq 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.

Mr. Greifeld has been a strong advocate for modernizing exchanges and financial regulation to keep America's capital markets competitive. He has also called for CEOs to embrace sound, modern regulation as consistent with good business practices. Mr. Greifeld has been outspoken on a number of issues, including long-term U.S. fiscal debt, corporate tax reform, and the nation’s outmoded immigration policy, citing each as harmful to U.S. innovation and business growth.

Prior to joining Nasdaq, Mr. Greifeld was an Executive Vice President at SunGard Data Systems, Inc. (“SunGard”), where he was responsible for all of SunGard’s sell-side businesses and its buy-side transaction routing businesses. Mr. Greifeld joined SunGard in 1999 through SunGard’s acquisition of Automated Securities Clearance, Inc. (“ASC”). From 1991-1999, Mr. Greifeld was the President and Chief Operating Officer at ASC.

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.

Mr. Greifeld is a member of the Business 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.



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 Sungard Data Systems, Inc. as well as a director of both AT&T and the NASDAQ OMX, Group, Inc.   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 ,  a board member of the Economics Club of New York as well as a Fellow of the American Academy of Arts and Sciences.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.

Mr. Hutchins and his wife, Debbie, founded the Hutchins Family Foundation which, among other projects, has supported the Hutchins Center for African and African-American Research at Harvard University, which is chaired by Mr. Hutchins; the Hutchins Center on Fiscal and Monetary Policy at The Brookings Institution; and the Chronic Fatigue Initiative, which conducts basic research into the cause of chronic fatigue syndrome.



H.E. ESSA KAZIM is the Governor of Dubai International Financial Centre (DIFC), Chairman of Borse Dubai and Chairman of Dubai Financial Market (DFM).

H.E. Kazim began his career as a Senior Analyst in the Research and Statistics Department of the UAE Central Bank in 1988 and then moved to the Dubai Department of Economic Development as Director of Planning and Development in 1993. He was then appointed as Director General of the DFM from 1999 to 2006.

H.E. Kazim holds an honorary Doctorate from Coe College, a Masters degree in Economics from the University of Iowa, a Masters Degree in Total Quality Management from the University of Wollongong and A Bachelor degree from Coe College. 

H.E. Kazim currently sits on a number of official advisory committees and boards; he is Member of the Higher Board of Directors of the Dubai International Financial Centre (DIFC), Chairman of DIFC Authority Board of Directors, Chairman of DIFC Investments Board of Directors, Board Member of Dubai Economic Council, Board Member of NASDAQ Dubai, Board Member of Noor Bank, Member of the Board of the Rochester Institute of Technology, Board Member of NASDAQ OMX, Member of the Board of Etisalat,  Member of the Board of Governors of Hamdan Bin Mohammed E-University, Member of the Board and Secretary General of Dubai Islamic Economy Development Center and Member of the Supreme Fiscal Committee.



Thomas A. Kloet was the first CEO and Executive Director of TMX Group Limited, the holding company of the Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, Canadian Depository for Securities, Canadian Derivatives Clearing Corporation and the BOX Options Exchange from 2008-2014. Previously he served as Senior Executive Vice President and COO of Fimat America’s from 2003-2008 overseeing all operating units of the US broker-dealer of Société Générale. Mr. Kloet served as CEO of the Singapore Exchange from 2000-2002 and as senior vice president and chief administrative officer of ABN AMRO from 1997-2000. Mr. Kloet served as a board member, treasurer and clearing chairman of the Chicago Mercantile Exchange from 1995-2000.  He served as COO of Credit Agricole Futures, Inc. from 1990-1997, CFO of Index Futures Group from 1988-1990, Director of Internal Audit at CME from 1985-1988 and Regulatory Staff Auditor at CME from 1981-1982. Mr. Kloet is a Certified Public Accountant and a member of the AICPA. He is also a member of the CFTC’s Market Risk Advisory Committee and was inducted into the Futures Industry Association Hall of Fame in March 2015.



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.



Ellyn A. McColgan was elected to the NASDAQ OMX Board on May 22, 2012. She has been a senior executive in the financial services industry for over 25 years. She is widely recognized as a transformational leader and is known for her ability to build successful businesses with a commitment to outstanding service delivery. Ellyn is an inspirational speaker and is frequently asked to address the subject of how leadership values drive business results.

Ellyn began her career in the industry with Shearson American Express after graduating from Harvard Business School in 1983. She joined Fidelity Investments in 1990 where she worked for 17 years developing an expertise in growing the retail and institutional distribution business. Between the years 2002 and 2007, Ellyn built the Fidelity Brokerage Company to be the largest brokerage company in the United States as measured by client assets and client accounts, growing the business to $1.9 trillion in assets. She left the firm in 2007 as the President of Distribution and Operations.

After leaving Fidelity, Ellyn served as President and Chief Operating Officer of Morgan Stanley Global Wealth Management Group where she led an organization of 17,000 people and $6.5 billion in revenues. She left Morgan Stanley in 2009 and is now an executive advisor to Aquiline Capital Partners in New York City.

Ellyn is an active member of her community. She is a member of the board of Young Audiences New York and the Macauley Honors College of CUNY Foundation. She serves as a member of the President's Council of Massachusetts General Hospital and as a member of the Visiting Committee of the Harvard Business School. She served as a trustee of the Museum of Fine Arts from 2007-2011 and as a trustee of Babson College for nine years. She was the co-chair of the Securities Industry and Financial Markets Association from 2006-2007 and a member of the board for several years.

Ellyn graduated summa cum laude from Montclair State College in New Jersey and received her MBA from Harvard Business School.

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.



Robert Greifeld Nasdaq

Bob Greifeld assumed leadership of Nasdaq in 2003, when the company's primary business was operating one equity market in the U.S. Today, Nasdaq is a leading participant in the exchange and technology sector, delivering trading, listing, intelligence, and public company services across six continents.

During his tenure, Mr. Greifeld has led Nasdaq through a series of complex, innovative acquisitions that have extended the company’s 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 owns and operates 26 markets, one clearinghouse and five central securities depositories across the U.S. and Europe. Its technology drives more than 70 marketplaces worldwide. In January 2009, Nasdaq was named "Company of the Year" by Forbes magazine. Also in 2009, Nasdaq 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.

Mr. Greifeld has been a strong advocate for modernizing exchanges and financial regulation to keep America's capital markets competitive. He has also called for CEOs to embrace sound, modern regulation as consistent with good business practices.  Mr. Greifeld has been outspoken on a number of issues, including long-term U.S. fiscal debt, corporate tax reform, and the nation’s outmoded immigration policy, citing each as harmful to U.S. innovation and business growth.

Prior to joining Nasdaq, Mr. Greifeld was an Executive Vice President at SunGard Data Systems, Inc. (“SunGard”), where he was responsible for all of SunGard’s sell-side businesses and its buy-side transaction routing businesses. Mr. Greifeld joined SunGard in 1999 through SunGard’s acquisition of Automated Securities Clearance, Inc. (“ASC”). From 1991-1999, Mr. Greifeld was the President and Chief Operating Officer at ASC.

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.

Mr. Greifeld is a member of the Business 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.


Adena Friedman Nasdaq

Adena T. Friedman currently serves as President of Global Capital Access, Technology & Insights for Nasdaq. In this role, Ms. Friedman is responsible for overseeing the strategy and operations as well as having financial responsibility for the company’s Listing Services, Information Services (comprising Indexes and Data Products) and Technology Solutions (comprising Market Technology and Corporate Solutions) business segments.

Prior to rejoining Nasdaq, she was Chief Financial Officer and Managing Director of The Carlyle Group, a global asset management firm based in Washington, DC from March 2011 to June 2014.

Before Carlyle, Ms. Friedman was a key member of Nasdaq's management team for over a decade, serving in a variety of roles including head of the company's data products business, head of corporate strategy, as well its Chief Financial Officer. Ms. Friedman is credited with significant contributions to the strategy and expansion of the organization, helping to create one of the most diversified exchanges in the world today. She was a central driver of the company's acquisition strategy, helping orchestrate the acquisitions of INET, OMX, Philadelphia and Boston Exchanges. She originally joined Nasdaq in 1993.

Ms. Friedman earned an M.B.A. from Owen Graduate School of Management, Vanderbilt University, in Nashville, Tennessee. She holds a B.A. in political science from Williams College in Massachusetts.


 Jochumsen Nasdaq

Hans-Ole Jochumsen is the President of Global Trading & Market Services for Nasdaq. Global Market Services comprises all transactions, clearing and settlement services in U.S. and Europe. These businesses cover cash and derivatives within Equities and the Fixed Income, Currency and Commodities area (FICC).

It comprises six exchanges in the U.S., and eight exchanges, seven growth markets, one interest rate derivatives trading venue, five central security depositories and one clearinghouse in Europe. It also comprises the global commodities business.

As President of Global Market Services, Jochumsen's responsibility is to lead the US and European markets to maintain and further develop the strong strategic position in the global cash and derivatives markets within equities and the FICC area.

Mr. Jochumsen previously oversaw Nasdaq’s Transaction Services Nordics division, with responsibility for the Nordic and Baltic markets, developing a strong strategic position in the European equities markets.  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.

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.

During 2010-2013, Jochumsen served as the Chairman of FESE, Federation of European Securities Exchanges.


Bruce Aust Nasdaq

Bruce E. Aust is Vice Chairman of Nasdaq. In this role, Mr. Aust works closely with Nasdaq’s Global Listing Services unit to assist clients and prospects worldwide.  Mr. Aust also serves as President of the Nasdaq Entrepreneurial Center, located in San Francisco, and will play an integral role in the creation and launch of the Center, which is slated to open in 2015.  The Entrepreneurial Center is a new non-profit organization funded by the Nasdaq Educational Foundation designed to engage emerging entrepreneurs through events, hands-on mentorship and education.

Previously, Mr. Aust served as Executive Vice President, Global Listing Services, a role in which he oversaw Nasdaq’s new listings and capital market business as well as global business development and relationship management with the companies listed on Nasdaq’s 16 listing markets worldwide.

During Mr. Aust’s tenure, Nasdaq attracted some of the country’s highest-profile IPOs, including Google, GoPro, Dunkin Donuts, Carlyle, JD.com, Markit, Splunk, Tesla, and Facebook, as well as NYSE company switches including American Airlines, Marriott, Mattel, Vodafone, DreamWorks, Texas Instruments, Viacom, Office Depot and Kraft Foods Group.

Previously, Mr. Aust served as Executive Director and Vice President of the Listing Services, a role in which he maintained oversight of all listed companies in the western region, representing 60 percent of the market cap on Nasdaq. He assisted more than 200 companies in going public and worked closely with CEOs and executives of some of the most well-known companies listed on Nasdaq.

Throughout his career with the firm, he has been instrumental in managing Nasdaq’s international investor programs, providing listed companies with exposure to institutional investors in Europe and Asia.

Prior to joining Nasdaq in 1998, Mr. Aust spent 12 years at Fidelity Investments in a variety of sales, trading, and management positions in Dallas, Boston, Los Angeles, and San Francisco. He is the recipient of the University of Southern Mississippi College of Business Distinguished Alumni Award and The Digital Leadership award from Computers for Youth. In addition, Mr. Aust is a Technet Executive Committee member.


Holdings: 72,350 shares     View Transactions
Salil Donde

Salil Donde is Executive Vice President, Global Information Services at Nasdaq. In this role, Mr. Donde is responsible for leading the strategic direction and overseeing all aspects of the company’s Index and Data products businesses which provide solutions, intelligence and insight to the global capital markets.

Prior to joining Nasdaq, Mr. Donde served as Chief Executive Officer and member of the Board of Directors of Lewtan Technologies, Inc. He has also served as Chief Executive Officer and member of the Board of Directors of Marshall & Swift/Boeckh, and as President of Fiserv Life and Financial Software and Solutions, among the other leadership roles he has held in the broader financial services industry.

Mr. Donde received a Bachelor of Technology degree from the Indian Institute of Technology, Bombay; an M.S. degree from Clemson University; and an M.B.A. from Columbia University.


Anna Ewing Nasdaq

Anna Ewing serves as Executive Vice President, Global Corporate Solutions at Nasdaq.  As part of Nasdaq’s Global Capital Access, Technology & Insights unit, Corporate Solutions provides transformative Investor Relations, Public Relations, Governance, and Multimedia solutions to more than 10,000 public and private companies around the globe.

In this role, Ms. Ewing is responsible for the overall profitability and strategic direction of the Corporate Solutions business. In 2013, she over saw the acquisition and integration of the Thomson Reuters IR, PR and Multimedia businesses, accelerating the growth of Nasdaq’s Corporate Solutions offering which today represents approximately 15% of the company’s total revenue.

Previously, Ewing has served as CIO of Nasdaq, responsible for the global technology organization, which included oversight of the company’s commercial technology business for the exchange industry. In that role, she drove the technology roadmap and integration processes for the company’s transformation from a single U.S. cash equities market to diversified exchange company with 26 markets around the globe, covering all major asset classes. Under her guidance, her group evolved from being a technology supplier to internal clients into that of a trusted business partner and member of the C-suite, taking the technology-business collaboration to the next level.

A widely-recognized technology thought leader, Ewing participates and is frequently featured as a speaker at a variety of events. She regularly participates in leading financial industry conferences and has represented Nasdaq on government committees including the Financial Research Advisory Committee, which advises the U.S. Treasury Department’s Office of Financial Research. Ewing has won various business leadership and technology strategy awards and was ranked 9th in Institutional Investor’s 2014 Tech 50.

Prior to joining Nasdaq, Ewing 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, 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: 64,541 shares     View Transactions
Meyer Frucher Nasdaq

As Vice Chairman, Meyer “Sandy” Frucher is responsible for global exchange relationships and serves as a senior advisor to Nasdaq’s senior management team on a broad range of industry and regulatory issues. He joined Nasdaq after the company completed its acquisition of The Philadelphia Stock Exchange, known today as Nasdaq 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.
 


Nelson Griggs Nasdaq

Nelson Griggs is Executive Vice President of Listings Services.  In this role, Mr. Griggs oversees Nasdaq’s new listings and capital market business as well as global business development and relationship management with the 3,500 companies listed on Nasdaq’s listing markets around the world.  Mr. Griggs also serves as a board member of the Nasdaq Private Market, where he advises on strategy and operations.

Mr. Griggs oversees a team with representatives located in the U.S., China, Israel, India, Russia, Japan, South Korea, South America and the Nordic and Baltic regions.

Previously, Mr. Griggs served as Senior Vice President of New Listings and Capital Markets in the US and Asia for Nasdaq.  During his time in this role Mr. Griggs attracted some of the highest-profile IPOs and transfers to Nasdaq.

Mr. Griggs joined Nasdaq in 2001 and has served the company in a range of leadership roles within its Listing Services unit including: Senior Vice President, Listings Services, where he was responsible for Nasdaq’s U.S. listings business and corporate solutions sales; and Head of Asia Pacific. Prior to joining Nasdaq, Mr. Griggs worked at Fidelity Investments and a San Francisco-based start-up.  He graduated from Denison University in Granville, OH.


Edward Knight Nasdaq

Edward Knight is Executive Vice President, General Counsel and Chief Regulatory Officer of Nasdaq (NASDAQ: NDAQ). Mr. Knight served as the Chief Legal Officer of the National Association of Securities Dealers (NASD, now FINRA) from June 1999 until becoming Nasdaq’s 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.  In addition, he serves on the Board of Nasdaq Dubai.

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 serves as a Trustee of the University of Texas Law School Foundation. Knight is a member of the District of Columbia, Texas and Supreme Court Bars. He is a member of the Council on Foreign Relations and its Committee on Corporate Affairs. He also sits on the Leadership Board of the U.S. Chamber of Commerce Center for Capital Markets Competitiveness.  Mr. Knight served as a member of the Obama Transition Team at the U.S. Treasury Department in 2008-2009.


Holdings: 66,932 shares     View Transactions
Lars Ottersgård Nasdaq

Lars Ottersgård was named Executive Vice President and Head of Nasdaq Market Technology in October 2014. This business provides technology solutions and services to the exchange and financial services industry globally. Market Technology consists of: Sales, representing the full scale and capability of Nasdaq’s offering to exchanges, clearinghouses and CSD's; Advisory & Training Services, which provides professional services and consulting to the exchange and financial services industry; SMARTS, a leading market surveillance and broker compliance solution for exchange and financial industry; and Business Control, an internal function which supports Market Technology in achieving its strategic objectives through financial analysis and planning.

Mr. Ottersgård joined OMX in 2006 as Global Head of Sales for the company's commercial technology business, and has been leading the Market Technology business for Nasdaq since 2008. Prior to joining OMX, Mr. Ottersgård held various positions at IBM for twenty years, where he covered the Nordic and European markets, and was most recently a senior executive for strategic outsourcing for the Distribution and Communication industries.

 


Brad Peterson Nasdaq

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).


Lee Shavel Nasdaq

As Chief Financial Officer and Executive Vice President of Corporate Strategy, Lee Shavel is responsible for all aspects of financial management at Nasdaq, including accounting, financial planning and analysis, investor relations, treasury, internal reporting, corporate operations and risk management. In addition, Mr. Shavel oversees Corporate Strategy, working with Mr. Greifeld and the EVPs to define Nasdaq’s strategic direction, identify business and corporate opportunities and execute M&A transactions. He has worked extensively with the senior management team at Nasdaq for the past seven years in his prior role as their investment banker on many strategic and financing transactions.

Mr. Shavel joined Nasdaq in May 2011 after 18 years at Bank of America Merrill Lynch where he was Americas Head of Financial Institutions Investment Banking and prior to that Global Chief Operating Officer and Head of Finance, Securities and Technology in the Financial Institutions Group. During that time, Mr. Shavel established and developed the Specialty Finance Group at Merrill Lynch, focusing on emerging high growth financial services companies.

He has worked extensively in the Securities and Exchange sector, advising on many of the significant transactions in the sector including the IPOs of Nasdaq, Archipelago, Instinet, the New York Mercantile Exchange (NYMEX), the International Securities Exchange (ISE) and provided M&A advice on the sale of ISE to Deutsche Borse, the sale of NYMEX to CME Group, the merger of Archipelago and REDIBook and the acquisitions of INET and BRUT by Nasdaq. He joined Merrill Lynch & Co. in 1993 after four years at Citicorp in Financial Institutions.

Mr. Shavel graduated with honors from the University of Pennsylvania in 1989 with a B.S. in Economics from the Wharton School of Finance and a B.A. in English.


Nasdaq

Thomas (Tom) A. Wittman is Executive Vice President of Nasdaq and Global Head of Equities, a division of the company’s Global Trading & Market Services business.  Based in Philadelphia, Mr. Wittman oversees the global cash equities and equity derivatives businesses. Specifically, Mr. Wittman is responsible for the management and strategy of Nasdaq’s three U.S. equities markets, three U.S. options markets, the equity and equity derivatives trading in Copenhagen, Helsinki and Stockholm as well as Nasdaq’s investment in TOM. The TOM MTF is a Multilateral Trading Facility located in Amsterdam, The Netherlands. TOM MTF offers trading in shares, derivatives and ETFs. Mr. Wittman also serves as CEO and President of The Nasdaq Stock Market (Nasdaq), Nasdaq PHLX LLC (PHLX) and Nasdaq BX Inc (BX).

Mr. Wittman was recently Senior Vice President, Head of U.S. Equities and Derivatives and President of PHLX. In this role, he was responsible for the management and operations of Nasdaq’s U.S. equities and options markets, and the de novo futures business. Formerly Vice President of U.S. Options, Mr. Wittman led the team in transitioning the PHLX platform from an open outcry, floor-based specialist system to an electronic, hybrid system. He also drove the development of the Nasdaq Options Market (NOM) and the launch of Nasdaq BX Options (BX Options). With these advancements, the group was able to attract new liquidity and order flow providers, resulting in Nasdaq’s leading position  in U.S. equity options market share since 2010.

Mr. Wittman began his exchange career in 1987 as a software developer for The Philadelphia Stock Exchange (currently known as PHLX). During his career at The Philadelphia Stock Exchange, he oversaw the software development division that was the backbone of the equity trading business, listed options business, PBOT futures business and the supporting surveillance and back office systems. He was instrumental in guiding The Philadelphia Stock Exchange into the electronic age of exchange trading. Mr. Wittman joined Nasdaq in 2008 after Nasdaq acquired The Philadelphia Stock Exchange.



  Audit Executive Nominating & Governance Committee Management Compensation
Charlene T. Begley Committee Member      
Steven D. Black     Committee Member Committee Member
Börje E. Ekholm   Committee Member Committee Chair Committee Member
Robert Greifeld   Committee Member    
Glenn H. Hutchins   Committee Chair   Committee Member
Essa Kazim   Committee Member    
John D. Markese Committee Chair Committee Member Committee Member  
Ellyn A. McColgan Committee Member   Committee Member  
Thomas F. O'Neill        
Michael R. Splinter   Committee Member   Committee Member
Lars R. Wedenborn Committee Member      

Chair = Chair Committee Member = Member

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.


Mission Statement

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.


  • Report Concerns
  • Board of Directors