Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced last Tuesday that John Tuttle has been appointed Vice Chairman and Chief Commercial Officer of NYSE Group. In this expanded new role, Tuttle will lead commercial outreach and business development of NYSE Group, spearhead its efforts to win the largest IPOs, grow the exchanges community of 2,300 listed companies, and oversee creation of new offerings for industries such as biotechnology and other growing sectors of the economy.
Tuttles career at the NYSE, which began in 2007 after service in theU.S.Government, saw him progress through a series of roles of increasing responsibility, most recently as Chief Operating Officer of NYSE Group. Tuttle previously served as Global Head of Listings, Chief of Staff, Head of Corporate Affairs, and Managing Director of Global Affairs and Government Relations for NYSE Euronext before its acquisition by ICE in 2013.
Michael Blaugrund, currently Head of Transactions at the NYSE, has been promoted to Chief Operating Officer, overseeing strategy and operations of NYSE Groups five equities exchanges and two options exchanges. Blaugrund, who joined the NYSE from Tower Research Capital in 2016, served as the NYSEs Head of Equities before ascending to his current role. His career in financial services includes prior roles with Nasdaq, Thomson Reuters and Tradeweb.
It takes a great team to run the worlds leading exchange, and with colleagues like John and Michael, and everyone who helps make the NYSE tick, our team at the NYSE is second to none, said Stacey Cunningham, President of NYSE Group. John has helped to cement the NYSEs leadership in capital raising, resulting in 75% of tech proceeds coming to the NYSE since 2014, and Michael has led the expansion of our equity platforms, offering our customers freedom to choose features that best align with their businesses, while directing the design and rollout of the new NYSE Pillar technology platform. The NYSE has benefited over many years from John and Michaels leadership and expertise, and I look forward to them building on that impressive track record for years to come.
The appointments of both John Tuttle and Michael Blaugrund took effect June 3.
