Nasdaq promotes Singer to SVP and head of international; Bernbach VP Eastern region
The NASDAQ Stock Market, Inc. (Nasdaq:NDAQ) today announced the appointment of Jeff Singer as Senior Vice President and Head of NASDAQ International and Eric Bernbach as Vice President of the Eastern Region of the United States.
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Both roles will be based in New York and report to Bruce Aust, Executive Vice President and Head of the Corporate Client Group of The NASDAQ Stock Market.
Singer will be responsible for NASDAQ's global business development with a primary role of managing international relationships with companies outside the Americas. NASDAQ currently has 342 companies headquartered outside the U.S., with a combined global market cap of $859 billion. Singer will also spearhead the international sales efforts for The PORTAL Alliance, a U.S. institutional market for securities not registered with the Securities and Exchange Commission. The PORTAL Alliance includes approximately 750 securities of which more than 50% are from non-U.S. issuers with strong representation from Brazil, Russia, India and China (BRIC).
Bernbach assumes Singer's previous role. His responsibility will be maintaining NASDAQ's relationships with over 1,152 NASDAQ-listed companies on the East Coast of the United States, with a combined market cap of $760 billion. He will lead a team of Directors responsible for attracting new business and client retention.
Bruce Aust said, "We are delighted that Jeff and Eric are taking on new roles. Both have a vast experience in attracting new business and playing an advisory role in client retention. Jeff and Eric will continue to be great assets to our business initiatives in both the domestic and international market places."