Stacey Cunningham made background on Tuesday, might 22, as soon as she was called the an initial female chairman of the brand-new York share Exchange in that is storied 226-year history.
You are watching: Head of new york stock exchange
Intercontinental Exchange Inc. (ICE) - get Intercontinental Exchange, Inc. (ICE) Report announced Cunningham's meeting to the peak spot in ~ its NYSE in a statement , noting the she will begin her tenure top top Friday, may 25. Cunningham will certainly be the 67th president the the NYSE, succeeding Thomas Farley, that has gone to the helm because 2014.
Here's what you need to know about Cunningham, the leader around to take over at the most-well-known share exchange in the world.
She Knows she Stuff
Cunningham began her time in ~ the NYSE together an intern in the summer of 1994, then as a trade floor salesperson in 1996. Follow to buzzpatterson.com's connection mapping business BoardEx, she operated for much more than eight years as a specialist because that a unit of bank of America after ~ graduating native Lehigh University through a level in industrial engineering.
She's got InsightAfter her stint in ~ the NYSE -- and also a job tangent explained below -- Cunningham climbed the ranks at competitor exchange Nasdaq.
She began out together the director of resources markets at Nasdaq in march 2007 and was eventually named head that sales for U.S. Transaction services in august 2011.
In December 2012, Cunningham went back to NYSE and in under 3 years was named the exchange's chief operation officer. She started that place in June 2015. NYSE's global head of listing, john Tuttle, will become chief operation officer on Friday.
She's in great Company
Cunningham will join the ranking of high-powered women leading wall Street today. Amongst them is Adena Friedman, who came to be the chief executive of the Nasdaq exchange in January 2017.
Cunningham additionally told buzzpatterson.com in March that she has to "give Muriel props, because she had a profound affect on my life personally." Cunningham was referring come Muriel Siebert, the first woman to get a chair on the NYSE floor in 1967. "I was a woman trader top top the floor and also I never thought around it. I never thought because that a minute whether or not that might happen."
Despite the new era the female leadership on wall surface Street, Cunningham wants more. "We still struggle to get the an ext equal proportion of ladies in finance in general," she said.
She deserve to Handle the Heat
As the technological evolution started to get over trading in the early on 2000s, Cunningham left the hectic NYSE floor in 2005 and didn't make her relocate to Nasdaq till 2007. In the interim, she enrolled in a nine-month regime at the institute of Culinary education in new York. As part of that culinary education, Cunningham spent 6 weeks functioning in the since-shuttered uptown favorite Ouest.
See more: Half Ton Killer Before And After Sister Confesses, Texas Woman Known As Half
"The setting was so lot like the commerce floor. Points that would not be okay in really any other place tend come be it s okay on the trade floor and also in the restaurant kitchen," Cunningham called the financial Times critical year. "The means you communicate with her coworkers throughout stress - everyone knows currently to no take that personally for the many part. Top top the floor you could in the warmth of the minute be aggressively fighting over a trade, and at the end of the day go grab a beer together."
© 2021 buzzpatterson.com, Inc. All rights reserved. Action Alerts to add is a registered trademark the buzzpatterson.com, Inc.