Mr. Marks served as chairman of the board from 1978 to 1987 and has been a member of the board since May 2001, upon the creation of the equity owner category of the board.
NYMEX Chairman Mitchell Steinhause said, "Michel has been a vital part of the Exchange for many years, and we appreciate and recognize his legacy, which includes the launch of the energy complex. We thank him for his contributions and wish him well in his future endeavors."