Chi-X® Europe Limited, the largest pan-European equities exchange, today announced that John Woodman has been appointed Chairman of The Board in replacement of Tony Mackay and that Marye Humphery has resigned as Non-Executive Director.
Commenting on the Board’s approval to the changes, Alasdair Haynes, CEO of Chi-X Europe said, “We are delighted that John Woodman has been appointed Chairman of the Board. Since even before launch, John has offered valuable counsel to the senior management team. John’s career encompasses decades of regulatory and technological change and we are delighted to have him seated at the head of the Boardroom table.”
John Woodman, added, “Having been involved with Chi-X Europe for more than three years now, it has been a privilege to have been involved with the development not only of the first MTF to have launched, but one which has fundamentally challenged the way in which equities are traded in Europe. The impact of competition has driven down the cost of trading and attracted new liquidity to the European capital markets and I am honoured to have been appointed Chairman of the largest pan-European equities exchange.”
Alasdair Haynes continued, “On behalf of the Board, I would like to thank Tony for all his support. Tony has been a true pioneer in electronic trading, creating Alternative Trading Systems around the world and serving as one of the visionaries behind Chi-X Europe. I know that his guidance, first as the founding CEO of Chi-X Europe and later as its Chairman, has proved invaluable for the senior management team and the Board."
Commenting on the departure of Marye Humphery, Haynes added, “I would also like to thank Marye for her support as an independent Non-Executive Director. Marye is standing down to make way for greater shareholder representation on the board. I know that the Board joins me in wishing her well in her future ventures.”
