trending Market Intelligence /marketintelligence/en/news-insights/trending/G8tRVJOYHajVEu_usRxqsQ2 content esgSubNav
In This List

Nasdaq vice chairmen to retire at year-end

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Nasdaq vice chairmen to retire at year-end

Nasdaq Inc. vice chairmen Meyer Frucher and Bruce Aust are retiring at the end of the year.

Frucher is winding up 11 years in the post to become the financial exchange's strategic adviser, effective Jan. 1, 2020, according to a release.

Aust is retiring after 21 years in the company, including a 2003 to 2014 stint as executive vice president of global listings.

Frucher became vice chairman in 2008 when the New York-based bourse acquired the Philadelphia Stock Exchange, where he was chairman and CEO. Since then, Frucher has been responsible for Nasdaq's global exchange relationships and advising the senior management team on industry and regulatory issues, particularly on sustainability.

Aust established the Nasdaq Private Market in 2013 to serve as a liquidity platform for emerging growth companies. The market facilitated $23 billion in secondary transactions for 305 companies since it opened.