NEW YORK, Dec. 13, 2012 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), the inventor of the electronic exchange and the world's largest exchange company, today announced that its Board of Directors has selected Börje E. Ekholm as Chairman.
Ekholm has served as Interim Chairman of NASDAQ OMX since May 25, 2012, following the retirement from the board of Chairman H. Furlong Baldwin.
"This is an exciting time to be at NASDAQ OMX, and I am humbled by the confidence expressed in me by the Board of Directors," Mr. Ekholm said. "So much has been accomplished by this Board and under the leadership of Bob Greifeld and his team, and still there remain ample opportunities to continue to improve and grow the business profitably.''
Mr. Ekholm has been Chief Executive Officer and President of Investor AB, the Nordic-based industrial holding company, since 2005. He served eight years as head of its new investments business unit based in New York, and began his career as an analyst at the company. He has also served as President of Novare Kapital AB, a venture capital company, and worked at the consulting firm of McKinsey & Company.
Mr. Ekholm received his Master of Business Administration from INSEAD, Fontainbleau and a Master of Science degree in Engineering from the Royal Institute of Technology, Stockholm. In addition to NASDAQ OMX, Mr. Ekholm is Chairman of the KTH Royal Institute of Technology and serves on the boards of Chalmersinvest AB, EQT Partners AB, Husqvarna AB and Ericsson.
The other members of the NASDAQ OMX Board of Directors are Steven D. Black, Robert Greifeld, Glenn H. Hutchins, Essa Kazim, John D. Markese, Ellyn A. McColgan, Thomas F. O'Neill, James S. Riepe, Michael R. Splinter, and Lars Wedenborn.
About NASDAQ OMX Group:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 23 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99+% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (www.facebook.com/NASDAQ) and Twitter (www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
CONTACT: NASDAQ OMX Media Contact: Joseph Christinat +1.646.441.5121 Joseph.Christinat@Nasdaqomx.com