Nasdaq Names Adena Friedman Chief Executive Officer

Nasdaq (Nasdaq:NDAQ) announced its Board of Directors has named Adena Friedman President and Chief Executive Officer, and she will also join the Board of Directors, effective January 1, 2017.
As quoted in the press release:

After nearly 14 years leading the company as CEO, Bob Greifeld will become Chairman of the Board. Nasdaq Chairman Borje Ekholm will step down as Nasdaq’s Chairman on December 31, 2016, and will remain on the Board of Directors. On October 26, 2016, Ekholm was named President and CEO of Ericsson, a position he will start on January 16, 2017.
“Naming Adena CEO represents the successful conclusion of a rigorous, multi-year succession planning process,” said Ekholm. “Adena is uniquely qualified for this role. For nearly two decades she has steadily risen through the leadership ranks, beginning as a Nasdaq intern. During this time, she acquired deep expertise across a broad range of business and operational areas, as well as instituting a sharp focus on technology, all of which will drive the future of Nasdaq.”

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