UPDATE: Euronext Names Cerutti To Replace Theodore
October 01 2009 - 3:42AM
Dow Jones News
Transatlantic stock market operator NYSE Euronext (NYX) Thursday
said Dominique Cerutti will replace Jean-Francois Theodore as
deputy chief executive from the end of 2009.
Theodore is retiring but will remain on NYSE Euronext's board as
a director.
Cerutti, who is currently general manager of IBM Southwest
Europe, will also become chairman and chief executive of Euronext
Paris and chairman of Euronext NV's board.
He will help the company to shape strategy, seeking business and
revenue growth through acquisitions and strategic partnerships,
Euronext said. Cerutti has been with IBM for 23 years. Before that
he spent two years with French construction company Bouygues SA
(EN.FR) in Saudi Arabia.
"Dominique Cerutti will be instrumental in advancing our
strategic vision and business transformation," said Jan-Michiel
Hessels, Chairman of the NYSE Euronext board. "His commitments to
customers, innovation, integrity and excellence make Dominique the
right choice to succeed Jean-Francois, who has extraordinarily well
served our company, shareholders as well as the Paris and our other
European markets throughout his career," he said.
Company Web site: www.nyx.com
-By Alice Dore, Dow Jones Newswires; +33 1 4017 1740;
alice.dore@dowjones.com