18 December 2017
visit www.ebaday.com

Nyse Euronext appoints IBM veteran Cerutti as deputy CEO

01 October 2009  |  6049 views  |  0 New York Stock Exchange

TransAtlantic exchange Nyse Euronext has signalled the critical importance of technology to its global business operations by appointing IBM salaryman Dominique Cerutti as the successor to deputy chief executive Jean-François Théodore.

Cerutti will pick up the reigns from Théodore at the end of the year and will also assume the mantle of global head of technology. Stanley Young, the current head of Nyse Technologies, will report to Cerutti, who in turn will be answerable to Nyse Euronext CEO Duncan Niederauer.

Cerutti, a French national who currently serves as general manager of IBM Southwest Europe, will work out of the Exchange's European headquarters in Paris, where he will oversee global technology/IT and will assume responsibility for business operations, customer relations and competitive position in Europe.

The appointment bows to the central role played by technology in the modern exchange-trading business. Nyse Euronext is currently investing vast sums in new datacentres and high performance trading engines as it bids to retain a leadership role in global stockmarkets.

Jan-Michiel Hessels, chairman of Nyse Euronext says Cerutti "will be instrumental in advancing our strategic vision and business transformation.

"His extensive experience in technology and management of a finance unit will prove especially beneficial for our customers, our market infrastructure initiatives, and our evolution as a technology enterprise in financial services."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Nyfix axes staff ahead of sale to Nyse Euronext

Nyfix axes staff ahead of sale to Nyse Euronext

11 September 2009  |  8000 views  |  0 comments
Nyse Euronext to sell options mart stake to dealer consortium

Nyse Euronext to sell options mart stake to dealer consortium

09 September 2009  |  4953 views  |  0 comments
IBM man favourite to succeed Nyse Euronext deputy CEO - report

IBM man favourite to succeed Nyse Euronext deputy CEO - report

02 September 2009  |  5088 views  |  0 comments
Nyse Euronext to buy Nyfix for $144m

Nyse Euronext to buy Nyfix for $144m

27 August 2009  |  7602 views  |  0 comments
Nyse resorts to open outcry after computer malfunction

Nyse resorts to open outcry after computer malfunction

03 July 2009  |  7073 views  |  1 comments
Nyse Euronext teams with Juniper to build faster network

Nyse Euronext teams with Juniper to build faster network

25 June 2009  |  4209 views  |  0 comments
Nyse launches online community network for listed company executives

Nyse launches online community network for listed company executives

04 June 2009  |  4004 views  |  0 comments
Nyse Euronext to implement 100G network with Ciena

Nyse Euronext to implement 100G network with Ciena

05 May 2009  |  7107 views  |  0 comments
Itau Securities chooses Nyse Technologies for DMA platform

Itau Securities chooses Nyse Technologies for DMA platform

05 March 2009  |  5743 views  |  0 comments
NYSE Euronext completes migration to Universal Trading Platform

NYSE Euronext completes migration to Universal Trading Platform

17 February 2009  |  8785 views  |  0 comments
Nyse Euronext to manage exponential data growth with Greenplum

Nyse Euronext to manage exponential data growth with Greenplum

19 December 2008  |  5821 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.atos.netvisit www.ebaday.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11137 views comments | 3 tweets | 2 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
9697 views comments | 20 tweets | 21 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7678 views comments | 19 tweets | 22 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7258 views comments | 6 tweets | 26 linkedin
Digital banking startup Loot secures £2.2 million seed roundDigital banking startup Loot secures £...
7177 views comments | 5 tweets | 11 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job