TORONTO,
Sept. 29, 2014 /PRNewswire/ - TMX
Group Limited today announced that it has selected Lou Eccleston to lead the organization as its
Chief Executive Officer (CEO). Mr. Eccleston, who will assume the
role effective November 3, 2014*,
will also become a member of the TMX Group Limited Board of
Directors.
Mr. Eccleston brings to TMX Group more than 30
years of extensive experience gained in senior leadership roles in
the information services, financial technology and capital market
services sectors. Most recently, he was President, S&P Capital
IQ and Chairman of the Board, S&P Dow Jones Indices, which are
business lines of McGraw Hill Financial. He was with that
organization for 6 years. Previously, Mr. Eccleston was at Thomson
Financial for 4 years in the roles of President of Global Sales,
Marketing & Services and President of the Banking and Brokerage
Group. Mr. Eccleston was at Bloomberg LP for 14 years, where he
held a number of roles including chief executive of Bloomberg
Tradebook for 6 years. He also served as Chairman and CEO of Pivot
Inc., a capital market software services company.
Chuck Winograd,
Chair of TMX Group Limited, said: "The Board of Directors undertook
an extensive international search for our new CEO. It was clear
that Lou has the right skill set, experience and proven track
record to be successful in this critical role. It was also the
Board's view that he has the expertise and instincts to effectively
lead the company in this rapidly-evolving operating
environment."
Mr. Eccleston stated: "I am honoured to have
been selected for this role, and I am very excited to be leading
Canada's national group of
multi-asset class exchanges. I look forward to meeting and working
with the TMX Group executive and employee teams to continue
building on the great success they have already achieved."
Mr. Eccleston is the successor to Thomas Kloet, who announced his intention to
retire from the company in March
2014. As previously announced, Mr. Kloet has agreed to
remain as CEO until October 31.
* Mr. Eccleston's start date is subject to
receipt of appropriate approvals from Employment and Social
Development Canada and Citizenship and Immigration Canada.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and
derivative markets and clearinghouses for multiple asset classes
including equities, fixed income and energy. Toronto Stock
Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The
Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives
Clearing Corporation, NGX, BOX Options Exchange, Shorcan, Shorcan
Energy Brokers, Equicom and other TMX Group companies provide
listing markets, trading markets, clearing facilities, depository
services, data products and other services to the global financial
community. TMX Group is headquartered in Toronto and operates offices across
Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group,
visit our website at www.tmx.com. Follow TMX Group on Twitter at
http://twitter.com/tmxgroup.
SOURCE TMX Group Inc.
