The Nasdaq OMX Group (Nasdaq:NDAQ), the inventor of the electronic exchange and the world's largest exchange company, today announced that its Board of Directors has selected Börje E. Ekholm as Chairman.
Ekholm has served as Interim Chairman of NASDAQ OMX since May 25, 2012, following the retirement from the board of Chairman H. Furlong Baldwin.
"This is an exciting time to be at NASDAQ OMX, and I am humbled by the confidence expressed in me by the Board of Directors," Mr. Ekholm said. "So much has been accomplished by this Board and under the leadership of Bob Greifeld and his team, and still there remain ample opportunities to continue to improve and grow the business profitably.''
Mr. Ekholm has been Chief Executive Officer and President of Investor AB, the Nordic-based industrial holding company, since 2005. He served eight years as head of its new investments business unit based in New York, and began his career as an analyst at the company. He has also served as President of Novare Kapital AB, a venture capital company, and worked at the consulting firm of McKinsey & Company.
Mr. Ekholm received his Master of Business Administration from INSEAD, Fontainbleau and a Master of Science degree in Engineering from the Royal Institute of Technology, Stockholm. In addition to NASDAQ OMX, Mr. Ekholm is Chairman of the KTH Royal Institute of Technology and serves on the boards of Chalmersinvest AB, EQT Partners AB, Husqvarna AB and Ericsson.
The other members of the NASDAQ OMX Board of Directors are Steven D. Black, Robert Greifeld, Glenn H. Hutchins, Essa Kazim, John D. Markese, Ellyn A. McColgan, Thomas F. O'Neill, James S. Riepe, Michael R. Splinter, and Lars Wedenborn.