News

Sharon Bowen becomes first Black woman to chair NYSE board

Sharon Bowen is the first Black woman to head the New York Stock Exchange

Sharon Bowen was named Monday as chair of the New York Stock Exchange (NYSE), its parent company announced, becoming the first Black woman to hold the role at the Wall Street fixture.

Intercontinental Exchange (ICE) also announced the President of its Fixed Income and Data Services division, Lynn Martin, will take over as NYSE president from Stacey Cunningham, who will join the exchange’s board of directors.

“As organizations everywhere adjust to a world transformed by the pandemic, our management team is evolving along with the market environment,” ICE founder Jeff Sprecher said in a letter announcing the changes.

Bowen, who is already a member of the boards of ICE and the NYSE, served from 2014 to 2017 as a commissioner at the Commodity Futures Trading Commission overseeing futures markets.

In 2010, then-president Barack Obama named her to a vice chair of the body regulating US broker-dealers, the Securities Investor Protection Corporation.

Bowen also worked for three decades as a partner and associate in law firms, specializing in business law.

With 2,400 listed companies and a combined capitalization of $36 trillion, the NYSE, located in New York’s Lower Manhattan business district, bills itself as the world’s largest stock exchange.

In 2013, ICE acquired the NYSE Euronext Group, which was created by the merger of the American and European stock exchanges, for $8.2 billion.

Related Posts

Elon Musk’s X profile says verified since 5000 years ago, billionaire says ‘this proves…’

Elon Musk, the Tesla CEO and world’s richest person, has once again caught the internet’s attention with an unexpected twist. His X (formerly Twitter) profile now humorously claims…

Florida man accused of posing as Elon Musk to steal $250K from elderly woman

Elon Musk has a lot going for him. He’s the CEO of one of the biggest social media platforms in the world, he regularly sends rockets into space, and he recently…

Marjorie Taylor Greene reveals how Elon Musk’s DOGE will crack down on sanctuary cities that fight Trump’s mass deportation agenda

Marjorie Taylor Greene laid out her plans for the Department of Government Efficiency (DOGE) which include taking on so-called Sanctuary States and Cities. The Georgia Congresswoman and fierce Trump ally will…

Elon Musk’s Ex Wife: “It’s Time To Tell You EVERYTHING”

Justine Musk Opens Up About Life with Elon Musk: A Story of Struggles, Sacrifices, and Resilience In a candid revelation, Justine Musk, the first wife of Elon Musk,…

IT HAPPENED! My $150 Tesla Phone Is FINALLY Hitting The Market

Tesla Unveils the PI Phone: A Game-Changer in Mobile Technology Tesla has entered the smartphone market with the launch of the Tesla PI Phone, a revolutionary device priced…

IT HAPPENED! My $150 Tesla Phone Is FINALLY Hitting The Market

Tesla Unveils the PI Phone: A Game-Changer in Mobile Technology Tesla has entered the smartphone market with the launch of the Tesla PI Phone, a revolutionary device priced…

Leave a Reply

Your email address will not be published. Required fields are marked *