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Bloomberg's Betty Liu to join NYSE as executive vice chairman

Intercontinental Exchange Inc. has named Betty Liu executive vice chairman of the New York Stock Exchange, effective July 9.

Liu will also join the board of NYSE Group, ICE's direct subsidiary.

Liu is a Bloomberg Television veteran and most recently co-anchored Bloomberg's "Daybreak Asia" and "Daybreak Australia." She is also the founder and CEO of Radiate Inc., a media education company, which NYSE will acquire, subject to customary approvals. The transaction is expected to close in June and will not impact ICE's 2018 results or capital return plans.

Upon closing, Radiate's team and content will become assets of the New York Stock Exchange.