According to Wick Simmons, chairman and chief executive officer for The Nasdaq Stock Market, "We are pleased that Steve Randich will be taking on an expanded role in driving our technology initiatives, including the implementation of the SuperMontage trading system, which will allow us to continue to be the most innovative equities market in the world. Steve is an immensely talented individual whose strengths are obvious to all who have had the privilege of working with him."
Prior to joining Nasdaq in late 2000, Randich was the Executive Vice President and CIO of the Chicago Stock Exchange, where he was responsible for all technology, trading-floor and back-office operations, and business product planning and development. He was also a Managing Principal at IBM Global Services responsible for a large systems integration practice in the Northeast region of the United States. Randich received his B.S. in Computer Science from Northern Illinois University and his M.B.A. from the University of Chicago.
"Since joining Nasdaq, I have had the opportunity to be at the center of a major revolution in Nasdaq trading technologies," said Randich. "Now, I have an even broader opportunity to lead the dedicated and talented Nasdaq team, which is at the forefront of this revolution."
The Nasdaq Stock Market lists over 4,200 companies and trades more shares per day than any other U.S. market. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.
