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Euronext Announces Departure of Luis Laginha

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Euronext Announces Departure of Luis Laginha

Regulatory News:

Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX) today announced that Luis Laginha, Chairman and CEO of Euronext Lisbon and Interbolsa and member of the Managing Board1 of Euronext NV, has resigned and will step down from his role as CEO. This departure was agreed mutually based on Luis Laginha’s desire to pursue other professional interests. He will continue to fulfil his responsibilities until the shareholders’ meetings of both entities have taken place on 22 February 2016.

A replacement for Luis Laginha will be recruited in the coming months. Until such time as this recruitment process is finalised, Isabel Ucha, currently member of the Board of Euronext Lisbon and Director of Local Market Development, will be appointed interim CEO of Euronext Lisbon and a member of the Euronext NV Managing Board while holding this interim position. Rui Matos, currently Board Member of Interbolsa, will be appointed interim CEO of Interbolsa. In addition, Hugo Rocha will be appointed to the Board of Euronext Lisbon. All these appointments are subject to prior non-objections from relevant market authorities.

Luis Laginha, Chairman and CEO of Euronext Lisbon, said, “During the period I’ve been at Euronext, the Portuguese market has witnessed the most difficult period in forty years. Despite this, it has been a privilege and an honour to serve the company and I am proud of all that has been achieved, both externally and internally, since my appointment as CEO. Euronext plays a key role in financing the real economy in Portugal and several actions have been taken for this role to be substantially expanded; I would like to express my gratitude for all the support from the local community and from the Euronext and Interbolsa teams. I wish the very best to Euronext and to the person who will replace me.”

Stéphane Boujnah, Euronext CEO and Chairman of the Managing Board, said, “We would like to thank Luis for his tireless dedication to Euronext over the past ten years in his roles as COO and latterly as CEO, and we wish him all the very best for his future projects.”

Notes to Editors
1 The Managing Board of Euronext is responsible for the management of Euronext’s operations and is currently made up of:

  • Stéphane Boujnah, Group CEO
  • Jos Dijsselhof, COO of Euronext
  • Lee Hodgkinson, Head of Markets and Global Sales of Euronext and CEO of Euronext UK Markets Ltd.
  • Maurice van Tilburg, CEO of Euronext Amsterdam
  • Vincent van Dessel, CEO of Euronext Brussels
  • Anthony Attia, CEO of Euronext Paris
  • Luis Laginha de Sousa, CEO of Euronext Lisbon

About Euronext
Euronext is the primary exchange in the Euro zone with more than 1 300 listed issuers worth more than €3.0 trillion in market capitalization as of end December 2015, an unmatched blue chip franchise consisting of 25 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.

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.
This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.
© 2016, Euronext N.V. - All rights reserved.

 

 

Euronext
Caroline Nico (Europe): +33 1 70 48 24 41
cnico@euronext.com
or
Alice Jentink (Amsterdam): +31 20 721 4488
ajentink@euronext.com
or
Pascal Brabant (Brussels): +32 2 620 15 50
pbrabant@euronext.com
or
Sandra Machado (Lisbon): +351 210 600 614
smachado@euronext.com
or
Aichata Tandjigora (Paris): +33 1 70 48 24 43
atandjigora@euronext.com