Nasdaq Announces CFO Transition
30 August 2023 - 6:57AM
Nasdaq, Inc. (Nasdaq: NDAQ) today announced the appointment of
Sarah Youngwood as Executive Vice President and Chief Financial
Officer, effective December 1, 2023. Youngwood will succeed Ann
Dennison, who has held the role since 2021 and will remain at the
company until the end of the year to ensure an orderly transition.
Youngwood is an accomplished leader in the financial services
industry, having previously served as Chief Financial Officer and
Group Executive Board member for UBS Group, where she held a key
role in modernizing the bank’s infrastructure and the acquisition
of Credit Suisse. Prior to UBS, Youngwood spent more than two
decades at JPMorgan Chase in a number of executive roles, including
as Chief Financial Officer, Consumer and Community Banking and
Global Technology, Head of Investor Relations for the Firm, and as
a senior investment banker serving financial institutions.
“I would like to thank Ann for her eight years of service to
Nasdaq and the significant contributions she has made to the
company, including transforming our global Finance function and
playing a key role in the announced acquisition of Adenza, an
important and transformative acquisition for the company,” said
Adena Friedman, Chair and Chief Executive Officer, Nasdaq. “Ann has
been a tremendous partner to me personally, as well as to the
broader leadership and finance teams, and we wish her the best as
she continues her successful career.”
Friedman continued, “As we look forward to closing the Adenza
transaction and embarking on the next phase of Nasdaq’s
transformation, I look forward to welcoming Sarah Youngwood to the
team. Sarah has served in many high-profile leadership roles at UBS
and JPMorgan Chase, and her expertise in technology transformation,
in-depth knowledge of global financial institutions, and first-hand
experience with investors will make her an invaluable addition to
the Nasdaq leadership team.”
About NasdaqNasdaq (Nasdaq: NDAQ) is a leading
global technology company serving corporate clients, investment
managers, banks, brokers, and exchange operators as they navigate
and interact with the global capital markets and the broader
financial system. We aspire to deliver world-leading platforms that
improve the liquidity, transparency, and integrity of the global
economy. Our diverse offering of data, analytics, software,
exchange capabilities, and client-centric services enables clients
to optimize and execute their business vision with confidence. To
learn more about the company, technology solutions, and career
opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at
www.nasdaq.com.
Cautionary Note Regarding Forward-Looking
Statements:The matters described herein contain
forward-looking statements that are made under the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These statements include, but are not limited to, statements about
Nasdaq’s CFO transition and other initiatives. We caution that
these statements are not guarantees of future performance. Actual
results may differ materially from those expressed or implied in
the forward-looking statements. Forward-looking statements involve
a number of risks, uncertainties or other factors beyond Nasdaq's
control. These factors include, but are not limited to factors
detailed in Nasdaq's annual report on Form 10-K and its other
periodic reports filed with the U.S. Securities and Exchange
Commission. We undertake no obligation to release any revisions to
any forward-looking statements.
Nasdaq Media Relations Contact:Marleen
Geerlof+1.347.380.3520Marleen.Geerlof@Nasdaq.com
Nasdaq Investor Relations Contact:Ato
Garrett+1.212.401.8737Ato.Garrett@Nasdaq.com
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