03:40 PM
Nasdaq’s CIO Departs for Position at Citigroup, and more
Nasdaq's CIO Departs for Position at Citigroup
The Nasdaq Stock Market announced that Steve Randich, its chief information officer for the past five years, has resigned and will leave the company Dec. 9. Randich has accepted a position as CIO, corporate and investment banking, at Citigroup. Nasdaq SVP Anna Ewing will assume Randich's responsibilities.
Randich, who is EVP operations and technology and CIO at Nasdsaq, joined the marketplace in 2000 as chief technology officer and in 2001 was appointed CIO, responsible for all technology development and data center and network operations.
Commenting in the release on Randich's significant contributions to Nasdaq over the past five years, Nasdaq President and CEO Bob Greifeld stated, "I am particularly grateful for Steve's work over the course of my tenure, which has included the development of Nasdaq's aggressive technology roadmap; the retirement of legacy systems; the quick and smooth integration of the Brut ECN; the rollout of our Opening and Closing Crosses; work on the INET transaction; and, most importantly, significantly improving the efficiency, speed and quality of our market."