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Nasdaq Announces CFO Transition

Date 29/08/2023

Nasdaq, Inc. (Nasdaq: NDAQ) today announced the appointment of  Sarah Youngwood as Executive Vice President and Chief Financial Officer, effective December 1, 2023. Youngwood will succeed  Ann Dennison, who has held the role since 2021 and will remain at the company until the end of the year to ensure an orderly transition.

 

Youngwood is an accomplished leader in the financial services industry, having previously served as Chief Financial Officer and Group Executive Board member for UBS Group, where she held a key role in modernizing the bank’s infrastructure and the acquisition of Credit Suisse. Prior to UBS, Youngwood spent more than two decades at JPMorgan Chase in a number of executive roles, including as Chief Financial Officer, Consumer and Community Banking and Global Technology, Head of Investor Relations for the Firm, and as a senior investment banker serving financial institutions.

“I would like to thank Ann for her eight years of service to Nasdaq and the significant contributions she has made to the company, including transforming our global Finance function and playing a key role in the announced acquisition of Adenza, an important and transformative acquisition for the company,” said  Adena Friedman, Chair and Chief Executive Officer, Nasdaq. “Ann has been a tremendous partner to me personally, as well as to the broader leadership and finance teams, and we wish her the best as she continues her successful career.”

Friedman continued, “As we look forward to closing the Adenza transaction and embarking on the next phase of Nasdaq’s transformation, I look forward to welcoming  Sarah Youngwood to the team. Sarah has served in many high-profile leadership roles at UBS and JPMorgan Chase, and her expertise in technology transformation, in-depth knowledge of global financial institutions, and first-hand experience with investors will make her an invaluable addition to the Nasdaq leadership team.”