Deutsche Börse and SIX put their stamp on Stoxx
20 January 2010 | 2621 views | 0
STOXX Limited, the leading provider of European equity indices, today announced changes to its corporate structure. With immediate effect, STOXX will be governed by a board of directors and a management board. These changes are announced after Deutsche Börse and SIX Group completed their acquisition of STOXX Limited.
The four members of the board of directors are: Dr. Holger Wohlenberg, Managing Director, Market Data & Analytics, Deutsche Börse Group; Werner Bürki, Member of the Management Committee, SIX Swiss Exchange; Ursula C. La Roche-Ender, Group CFO Division Finance & Risk, SIX Group; and Andreas Rötheli, Partner, Lenz & Staehelin. Mr. Wohlenberg assumes the role of Chairman of the Board and Mr. Bürki will be Vice-Chairman.
The new management board includes Dr. Hartmut Graf, who joins STOXX Limited as Chief Executive Officer (CEO), and Patrick Valovic, who has been promoted to Chief Financial Officer (CFO). Ricardo Manrique decided to step down as CEO of STOXX Limited and pursue different career opportunities.
Mr. Graf has extensive experience with index products, portfolio- and risk management, portfolio theory as well as investment- and derivative strategies. Most recently he was responsible for the index business of Deutsche Börse, where he oversaw the development, maintenance and marketing of Deutsche Börse's suit of indices. Flagship of this index family is the prominent German DAX index. Prior to joining Deutsche Börse, Mr. Graf spent four years with Roland Berger, consulting clients from the financial services industry. He started his career in product management and research in the fixed income department in the investment banking division of Commerzbank. Mr. Graf holds a Ph.D. in theoretical physics.
Mr. Valovic has been with STOXX Ltd. for ten years, most recently in the position of Director of Business Operations.