Euronext Announces Departure of Dominique Cerutti
Regulatory News:
Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX) today announced that Dominique Cerutti, CEO of Euronext N.V. and Chairman of the Managing Board, will leave the company on 15 July 2015. Mr. Cerutti, who joined NYSE Euronext in 2009 as President and Deputy CEO1, has decided to take a new position as Chairman and CEO at Altran. The Supervisory Board of Euronext has regretfully acknowledged this decision and would like to thank Mr. Cerutti for his outstanding contribution as CEO of Euronext N.V..
Rijnhard Van Tets, Chairman of the Supervisory Board of Euronext N.V., said, “Dominique Cerutti successfully navigated the company through its complex separation from IntercontinentalExchange to its subsequent IPO in an extremely short timeframe and positively repositioned the group as a leading independent exchange in Europe. Since its IPO, investors have supported the strategy and the management team, resulting in a twofold increase of the valuation of the company 2 .”
Dominique Cerutti, CEO of Euronext N.V., commented, “Whilst I am looking forward to this new challenge, I am particularly proud of all that has been achieved at Euronext in the past 18 months. This was very much thanks to the cohesion found within the exceptional management team. I am confident that Euronext will continue to create outstanding shareholder and client value as a result of the strong base which has been established. As Euronext anticipated, capital markets in Europe are at the beginning of a new cycle, and the positive trends in the sector, which will boost the company’s strategy, are continuing.”
The Board will task the Governance and Nomination Committee to start the search process for a successor to Mr. Cerutti, who will ensure a smooth transition over the next few months.
Notes to Editors:
1 Mr. Cerutti was appointed to NYSE Euronext in 2009 as President and Deputy CEO, CEO of Euronext N.V. and Chairman and CEO of Euronext Paris. In 2010, he was appointed to the Board of NYSE. In 2013, following the acquisition of NYSE Euronext by Intercontinental Exchange (ICE), Mr. Cerutti was appointed as CEO of Euronext N.V. and Chairman of the Managing Board. Mr. Cerutti is also a Board Member of LCH. Clearnet Ltd..
2 Calculation based on share price opening at IPO on 20 June 2014 (€19.10) and closing on 21 April 2015 (€40.10).
About Euronext
Euronext is the primary exchange in the Euro zone with over 1 300 issuers worth €2.6 trillion in market capitalisation, an unmatched blue-chip franchise consisting of 20+ issuers in the EURO STOXX 50® benchmark and a strong, diverse domestic and international client base.
Euronext operates regulated and transparent equity and derivatives markets. Its total product offering includes Equities, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. Euronext operates regulated markets, Alternext and the Free Market; in addition it offers EnterNext, which facilitates SMEs’ access to capital markets.
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Euronext
Caroline Nico (Europe): +33 1 49 27 10 74
cnico@euronext.com