Nyse Euronext appoints Eric Forest as chairman and CEO of EnterNext

Source: Nyse Euronext

NYSE Euronext (NYX) today announced the appointment of Eric Forest as Chairman and CEO of EnterNext, the marketplace for SMEs.

He will join NYSE Euronext in a few weeks and is already present alongside Dominique Cerutti, NYSE Euronext President and Deputy CEO and Chairman of the Management Board of Euronext NV, for the first stages of the regional launch, in Marseille and Lyon.

A graduate of Ecole des Mines, Mr. Forest began his career in 1986 and joined the ECM team of Société Générale in 1992. In 2003 he moved to Oddo Corporate Finance to head up their Equity Capital Markets business, where he oversees IPOs, follow-on issues and secondary offerings. He is also in charge of Corporate Broking activities at Oddo Corporate Finance.

Over the last ten years, Mr. Forest has always worked in support of SMEs. He has participated actively in industry-level discussions (AMF, AMAFI), helped numerous mid-sized companies gain access to the market through his ongoing responsibilities at Oddo, and served as Chairman of ALIS, the association of NYSE Alternext's Listing Sponsors.

As CEO of EnterNext, Mr. Forest will be responsible for all Europe-wide NYSE Euronext activities and resources related to SMEs. Together with his staff, he will support companies on a daily basis and determine the market model (analysis, research and liquidity) and marketing strategy. He will also be in charge of developing and promoting the range of services and will make himself available to companies regionally, nationally and on a pan-European level.

Today starts the regional launch of EnterNext, in the presence of entrepreneurs and others who play a role in financing SMEs. The first stops on the launch tour are Marseille and Lyon, where Mr. Forest and Mr. Cerutti will present the market launch at the regional level.

"We are very pleased that Eric has decided to join our marketplace for SMEs," said Mr. Cerutti. "He has in-depth, practical knowledge of SMEs and their environment, and his experience and involvement in various financial community task forces are a testimony to that knowledge. Today's appoiointment and Eric's presence in Marseille and Lyon represent an important milestone and demonstrate his commitment and determination to develop EnterNext. He will be a major asset for our initiative."

"I would like to extend my warmest congratulations to Eric for a move that illustrates our expertise in equity markets and assistance to SMEs," said Philippe Oddo, Managing Partner at Oddo & Cie. "This is an outstanding opportunity for Eric and we look forward to working with EnterNext to finance and promote growth of midsize businesses."

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