"The expertise of our new board members complements the deep experience of our current board members in both the public and private sectors," said Wick Simmons, chairman and chief executive officer, Nasdaq. "We look forward to tapping their knowledge for the benefit of our shareholders, issuers and investors."
Mr. Stemberg pioneered the office superstore industry when he opened the first Staples store in 1986. Starting with one retail outlet designed to reduce the cost and inconvenience of purchasing office supplies, Staples became one of only six companies in U.S. history to reach $3 billion in sales within 10 years. Today it is an $11 billion company. Stemberg is a graduate of Harvard College and Harvard Business School.
Mr. Weisel is Chairman and CEO of Thomas Weisel Partners, a Merchant Bank providing investment banking, institutional brokerage, private equity and asset management exclusively focused on the growth sectors of the economy. Since its launch in January 1999, the firm has generated over $1 billion in revenue, completed over 300 transactions valued at $140 billion and has grown to $2.2 billion in private equity assets under management. Mr. Weisel holds degrees from Stanford University and Harvard Business School.
Ms. White was the first woman to serve as U.S. Attorney for the Southern District of New York, a position she held from 1993 to 2002. Under Ms. White's leadership, the Office successfully investigated and prosecuted many cases of national and international significance including those involving: large scale white collar crime, complex securities and financial institution frauds, corporate criminal liability, terrorism, international money laundering and organized crime, among other things. Ms. White is a partner in the law firm of Debevoise & Plimpton, specializing in complex investigations, white collar and SEC enforcement matters, and civil and criminal litigation. She is a graduate of the College of William & Mary, the New School for Social Research and Columbia Law School.
In addition to Ms. White, Mr. Stemberg and Mr. Weisel, the Nasdaq Board of Directors is made up of:
- Josef Ackerman, Chairman of Corporate and Investment Banking for Deutsche Bank AG;
- H. Furlong Baldwin, Chairman of the Mercantile Bankshares Corporation;
- Frank E. Baxter, Chairman Emeritus of the Jefferies Group, Inc.;
- Michael Casey, Executive Vice President, Chief Financial Officer and Chief Administrative Officer of Starbucks Coffee Company;
- Michael W. Clark, Managing Director and Head of Global Equity Trading at Credit Suisse First Boston, Inc.;
- William S. Cohen, Chairman and CEO of The Cohen Group;
- F. Warren Hellman, Chairman of Hellman & Friedman LLC;
- Richard G. Ketchum, President and Deputy Chairman of The Nasdaq Stock Market, Inc.;
- John D. Markese, President of the American Association of Individual Investors;
- E. Stanley O'Neal, President and Chief Operating Officer at Merrill Lynch;
- Vikram S. Pandit, Co-President and Chief Operating Officer of Morgan Stanley;
- Kenneth D. Pasternak, Retired Chairman and Chief Executive Officer of Knight Trading Group, Inc., and Chief Executive Officer of Knight Securities, L.P.;
- David S. Pottruck, President and Co-Chief Executive Officer of The Charles Schwab Corporation;
- Arthur Rock, Principal of Arthur Rock & Co.;
- Richard C. Romano, President of Romano Brothers & Company;
- Hardwick Simmons, Chairman and Chief Executive Officer of The Nasdaq Stock Market Inc.;
- Arvind Sodhani, Vice President and Treasurer of Intel Corporation; and
- Martin Sorrell, Group Chief Executive Officer of WPP Group plc.
