Commenting on the appointment was Frank G. Zarb, chairman and chief executive officer of Nasdaq, "We are pleased to have a manager of David’s caliber join our team at this important juncture in Nasdaq’s history. His background makes him well suited to help us manage through the administrative challenges of our restructuring and our global expansion."
Warren comes to Nasdaq® from the Long Island Power Authority (LIPA), where he served as Chief Financial Officer (CFO). He was responsible for human resources administration and all financial activities of LIPA, one of the largest public power authorities in the United States with more than $2 billion in annual revenues.
As CFO, Warren led the efforts to raise nearly $7 billion to finance LIPA’s acquisition of the Long Island Lighting Company. He managed seven separate debt offerings over a five month period, including a $3.5 billion issue of tax-exempt bonds, the largest single offering ever sold in the municipal market. This issue was named "Deal of the Year" by Institutional Investor and Euromoney.
In addition, Warren served as Deputy Treasurer of the State of Connecticut. He was responsible for the State’s cash and debt management programs and for the administration of a $17 billion pension system for state employees. His primary responsibility was the management of the State’s public finance programs, including the sale of nearly $1 billion in tax-exempt debt each year to fund the State’s capital projects.
Warren was a Vice President at CS First Boston providing investment banking and financial advisory services to state and local governments.
Warren holds a M.B.A. from the Yale School of Management and a B.A. from Wesleyan University.
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