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Posted 21 April, 2023

NASDAQ, INC. appointed new CEO

CEO Change detected for ticker Nasdaq:NDAQ in a 8-K filed on 21 April, 2023.


  On April 18, 2023, in connection with the appointments described above, Adena T. Friedman, Nasdaq's President and Chief Executive Officer, and Chair of the Board, relinquished her title as President, effective immediately.  

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Overview of NASDAQ, INC.
Financial Services • Securities
Nasdaq, Inc. is a holding company, which engages in trading, clearing, exchange technology, regulatory, securities listing, information, and public and private company services. It operates through the following segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment delivers liquidity, transparency, and integrity to the corporate issuer and investment community by empowering clients to effectively navigate the capital markets, achieve their sustainability goals, and drive governance excellence. The Financial Technology segment offers platforms that improve the liquidity, transparency, and integrity of the global economy by architecting and operating the markets. The Market Services segment includes equity derivative trading and clearing, cash equity trading, fixed income, currency, and commodities trading. The company was founded by Gordon S. Macklin in 1971 and is headquartered in New York, NY.
Market Cap
$32.8B
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NASDAQ, INC. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

On April 18, 2023, the Board of Directors (the "Board") of Nasdaq, Inc. ("Nasdaq") appointed Tal Cohen and P.C. Nelson Griggs each as President, Nasdaq, Inc., effective immediately. 

Mr. Cohen, age 50, will continue to serve as Division President, Market Platforms, a role he assumed January 1, 2023. He served as Executive Vice President, North American Markets from July 2019 through December 2022. Prior to that, he served as Senior Vice President, North American Market Services since April 2016. 

Mr. Griggs, age 52, will continue to serve as Division President, Capital Access Platforms, a role he assumed January 1, 2023. He served as Executive Vice President, Corporate Platforms from April 2018 through December 2022. Mr. Griggs is also President of The Nasdaq Stock Market. Previously, Mr. Griggs was Executive Vice President, Listing Services from October 2014 through April 2018 and Senior Vice President, New Listings from July 2012 through October 2014. Since joining Nasdaq in 2001, Mr. Griggs has served in other senior roles, including Senior Vice President, Listings Asia Sales and Vice President, Listings. 

The appointments of Messrs. Cohen and Griggs to each serve as President were not pursuant to any arrangement or understanding with respect to any other person. There are no family relationships between either of Mr. Cohen or Mr. Griggs and any director or executive officer of Nasdaq, and there are no transactions between either of Mr. Cohen or Mr. Griggs and Nasdaq that would be required to be reported under Item 404(a) of Regulation S-K. Neither Mr. Cohen nor Mr. Griggs entered into any new compensatory arrangements in connection with their respective appointments. 

On April 18, 2023, in connection with the appointments described above, Adena T. Friedman, Nasdaq's President and Chief Executive Officer, and Chair of the Board, relinquished her title as President, effective immediately. Ms. Friedman will continue as Chair and Chief Executive Officer of Nasdaq.