TORONTO, Sept. 29, 2014 /CNW/ - 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.
