-- CFO Nelson Chai to join Merrill Lynch as CFO and EVP
-- Bruno Colmant, head of NYSE Euronext Belgium, to become Deputy
CFO
-- Corporate Controller Stephane Biehler to become Chief
Accounting Officer
NEW YORK & PARIS--(Business Wire)--NYSE Euronext (NYX) Chief Executive Officer Duncan L. Niederauer
has asked Joost van der Does de Willebois, Deputy CFO and head of the
company's Amsterdam market, to assume the role of Acting Chief
Financial Officer upon the Dec. 10, 2007 departure of CFO and
Executive Vice President Nelson Chai, who has accepted the position of
CFO and Executive Vice President of Merrill Lynch. Bruno Colmant, head
of the company's Belgian market and NYSE Euronext European Affairs,
will become Deputy CFO. Stephane Biehler, NYSE Euronext Corporate
Controller and Senior Vice President, will become Chief Accounting
Officer.
As per the NYSE Group-Euronext merger agreement, these
appointments are subject to the non-objection of the European College
of Regulators.
"I want to thank Joost and Bruno for accepting these important
roles," Mr. Niederauer said. "Stephane Biehler, who joined the
organization with the NYSE and Archipelago merger and has since done
an outstanding job, will take on additional responsibilities in
addition to his duties as corporate controller.
"Nelson has been a superb member of our senior management team and
a significant contributor to our business transformation, the success
of our global growth strategy, and our focus on creating shareholder
value. On behalf of the entire NYSE Euronext team, I want to thank
Nelson for his great work at NYSE Euronext and offer my best wishes on
his move to Merrill."
NYSE Euronext Deputy CEO Jean-Francois Theodore said: "I have
truly enjoyed working with Nelson. In Joost van der Does de Willebois
and Bruno Colmant, NYSE Euronext has highly qualified and dedicated
professionals who are supported by an outstanding finance team in whom
I have the utmost confidence."
Mr. Chai added, "From my first days with Archipelago through my
time with NYSE Euronext, I have been extremely fortunate to work with
an outstanding team of professionals. Together, we have reinvented the
financial marketplace and have created exceptional value for our
customers and shareholders. NYSE Euronext has a sound global growth
strategy and the right people in place to both execute and build upon
it. I want to thank the entire NYSE Euronext community for their
support and partnership. I'm privileged to have been a part of an
exceptional story that will become even better, and I am confident in
Duncan's ability to lead NYSE Euronext to even greater success."
About Joost van der Does de Willebois
Joost van der Does de Willebois, 48, is the Deputy CFO of NYSE
Euronext and head of the company's Amsterdam market. He is a member of
the NYSE Euronext Management Committee. At Euronext, he was CFO and a
member of the Managing Board, positions he had held since November
2004.
From March 2002, Mr. van der Does de Willebois was Executive
Director of ING Bank in the Netherlands. Prior to that, Mr. van der
Does de Willebois held a number of directorships at ING Group
beginning in 1998, including Managing Director of Corporate Strategy
and Communication, a position he held from 2000 to 2002. Prior to
that, since 1984, he worked at Royal Dutch/ Shell plc, where he held
various executive management positions in Rotterdam, Paris, Bordeaux
and the French West Indies.
Mr. van der Does de Willebois is currently a member of the boards
of Dutch Securities Institute, the Holland Finance Centre, the Dutch
National Employers Organisation vno/ncw, and the French-Dutch
Cooperation Council.. He is a member of the supervisory boards of
Endex and Atos Euronext Market Solutions Holding S.A.S.
About Bruno Colmant
Bruno Colmant is head of European Affairs and the NYSE Euronext's
Belgian, and is a member of the NYSE Euronext Management Committee.
Mr. Colmant, 46, is responsible for EU Affairs and oversight of
the Euronext Belgian Market. Prior to joining NYSE Euronext, Mr.
Colmant was Chief of Staff of the Minister of Finance in Belgium from
November 2006 through September 2007.
Prior to that, Mr. Colmant was the CFO and a member of the
Executive Committee and Board of Directors of ING Group, Belgium. From
September 2002 to April 2004 he was the Chief Executive Officer for
ING Group, Luxembourg. Prior to that, since 1984, he worked in the
audit division Arthur Andersen where he held various executive
management positions and specialized in financial instruments
accounting.
Mr. Colmant serves on various industry boards and committees
including the Belgian Institute of Chartered Accountants and the
Belgian Institute of Accounting Standards. Mr. Colmant holds a Ph.D.
in Applied Economics (Accounting), Brussels University, a MBA from
Purdue University (IN), a Master degree in Tax Law as well as the
American CFA, CIA, and CMA certifications. He is a Belgian Chartered
Public Accountant.
About Stephane Biehler
Stephane Biehler is Corporate Controller of NYSE Euronext, a
position he held since April 2007. He is responsible for all U.S.
accounting, tax, and internal controls over financial reporting, as
well as global consolidation and external reporting functions.
Mr. Biehler, 40, previously served as Senior Vice President and
Corporate Controller of NYSE Group since March 2006, and Interim
Principal Financial Officer and Interim Principal Accounting Officer
of Archipelago Holdings since January 2006. Mr. Biehler joined
Archipelago as a Managing Director and Corporate Controller in
March 2004. He facilitated the initial public offering of Archipelago
in August 2004, the merger transaction between the NYSE and
Archipelago to create NYSE Group in March 2006, and the merger
transaction between NYSE Group and Euronext in April 2007.
Prior to joining Archipelago, Mr. Biehler was Vice President and
Controller of eSpeed, Inc. since May of 2003, and Manager of Financial
Reporting and Consolidation for Investment Technology Group, Inc.
since December 2001. Mr. Biehler started his career at Deloitte &
Touche LLP where he achieved the position of senior manager. He is a
member of the American Institute of Certified Public Accountants.
About NYSE Euronext
NYSE Euronext, a holding company created by the combination of
NYSE Group, Inc. and Euronext N.V., commenced trading on April 4,
2007. NYSE Euronext (NYSE Euronext: NYX) operates the world's largest
and most liquid exchange group and offers the most diverse array of
financial products and services. NYSE Euronext, which brings together
six cash equities exchanges in five countries and six derivatives
exchanges in six countries, is a world leader for listings, trading in
cash equities, equity and interest rate derivatives, bonds and the
distribution of market data. Representing a combined $30.3
trillion/EUR 21.3 trillion total market capitalization of listed
companies and average daily trading value of approximately $139
billion/EUR 103 billion (as of September 30, 2007), NYSE Euronext
seeks to provide the highest standards of market quality and
integrity, innovative products and services to investors, issuers, and
all users of its markets.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements,
including forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements include, but are not limited to, statements concerning NYSE
Euronext's plans, objectives, expectations and intentions and other
statements that are not historical or current facts. Forward-looking
statements are based on NYSE Euronext's current expectations and
involve risks and uncertainties that could cause actual results to
differ materially from those expressed or implied in such
forward-looking statements. Factors that could cause NYSE Euronext's
results to differ materially from current expectations include, but
are not limited to: NYSE Euronext's ability to implement its strategic
initiatives, economic, political and market conditions and
fluctuations, government and industry regulation, interest rate risk
and U.S. and global competition, and other factors detailed in NYSE
Euronext's reference document for 2006 ("document de reference") filed
with the French Autorite des Marches Financiers (Registered on June 6,
2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as
amended, and other periodic reports filed with the U.S. Securities and
Exchange Commission or the French Autorite des Marches Financiers. In
addition, these statements are based on a number of assumptions that
are subject to change. Accordingly, actual results may be materially
higher or lower than those projected. The inclusion of such
projections herein should not be regarded as a representation by NYSE
Euronext that the projections will prove to be correct. This press
release speaks only as of this date. NYSE Euronext disclaims any duty
to update the information herein.
NYSE Euronext
Media:
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or
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Copyright Business Wire 2007
