IntercontinentalExchange (NYSE: ICE), the leading electronic energy marketplace and soft commodities exchange, and its regulated subsidiary, the New York Board of Trade (NYBOT), announced today that Thomas W. Farley has been appointed President and Chief Operating Officer of the NYBOT, effective February 20, 2007.
Farley was previously President of SunGard’s Kiodex business unit. During his time at Kiodex, he also held the positions of Chief Operating Officer and Chief Financial Officer. Farley will join the NYBOT Board of Directors.
"Tom brings leadership skills and an entrepreneurial background, and we are pleased to welcome him as a member of our dedicated management team," said ICE Chairman and Chief Executive Officer Jeffrey C. Sprecher. "Tom’s experience in financial services includes his key role in building and managing a rapidly growing, leading energy and commodity risk management business."
"I am excited to join the team at this important time in NYBOT's 136-year history as NYBOT and ICE combine their strengths," said Farley. "There are many opportunities to continue to expand NYBOT's food, fiber and financial products markets, and I look forward to working with the ICE and NYBOT teams to help achieve the aggressive plans for growth."