Nyse Euronext (NYSE: NYX) announced today that, as part of an organizational realignment of its customer facing product and sales organizations, it was eliminating the role of Global Head of Derivatives.
As a result of the realignment, the company said that Garry P. Jones, NYSE Euronext's current Global Head of Derivatives has decided to leave the Company effective at the end of June.
"Realigning our organization around product platforms and refocusing our sales efforts will help us optimize and deepen the relationships we have with our global clients, simplifying their interface with our company and allowing us to respond more quickly to their needs and opportunities," said Duncan L. Niederauer, Chief Executive Officer, NYSE Euronext. "I would like to personally thank Garry Jones for his leadership during his five years with NYSE Euronext, and for his overall contribution to our company's success in his role as Global Head of Derivatives. We wish him well."
Mr. Jones joined Liffe in August 2007 as Executive Director, Business Development and Strategy and was named Global Head of Derivatives for NYSE Euronext in May 2009.