Box CEO Scott Morris quits

Source: Boston Options Exchange

The Boston Options Exchange (BOX) announced today Scott Morris has decided to leave his role as CEO of the company to pursue other opportunities.

Will Easley, Vice Chairman and one of the founders of BOX, will act as the interim leader, effective immediately.

"During his tenure, Scott Morris continued the BOX tradition of innovation and creative solutions for the industry. We thank Scott for his commitment and wish him the best as he moves to his next challenge," said Peter Layton, Chairman of the BOX Board. "Having industry veteran Will Easley increase his responsibilities to include day-to-day management of BOX during our CEO search provides for a seamless transition."

Easley was part of the group that created the Boston Options Exchange in February 2002 and has provided ongoing leadership in the strategic direction of BOX since its inception. BOX will continue to build on Morris's contributions of the make-or take pricing model and enhancements to best execution functionality.

"Easley is well-versed on BOX's strategic focus, has deep industry and customer relationships, and a firm understanding of the industry opportunities which will allow him to make an ongoing contribution," continued Layton. "There is excellent high calibre talent within the options world so we will take our time to find the right leader who will continue to build on the success of BOX."

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