trending Market Intelligence /marketintelligence/en/news-insights/trending/OqLoYYsUOBshl6tGwpnl1g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

TMX Group CEO retires

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


TMX Group CEO retires

TMX Group Ltd. CEO Lou Eccleston has retired prior to the expiration of his current contract.

Eccleston's contract was set to expire Dec. 31, 2020. The company said he believes it to be in the best interests of the company, its employees and stakeholders for him to retire early. The company named John McKenzie interim CEO, effective immediately. McKenzie will be interim CEO in addition to CFO.

After learning of allegations of misconduct by Eccleston at a previous employer, TMX Group's board conducted an investigation through a special committee and found no evidence that Eccleston engaged in sexual harassment or misconduct while at TMX Group. The board is concluding its investigation into those allegations with Eccleston's retirement "to avoid further distraction to the company," it said in a news release.

Business Insider reported in late November 2019 that "multiple employees" of Eccleston's previous employer, Bloomberg LP, had accused him of inappropriate conduct with female colleagues. Eccleston left Bloomberg in 2002 and was not named as a defendant in any lawsuits by Bloomberg employees.