TMX Group Limited today announced that Michael Ptasznik, Chief Financial Officer (CFO), has resigned from the organization to pursue an opportunity with The NASDAQ Stock Market.
Mr. Ptasznik joined TMX Group in 1996 as Director of Finance Planning and Analysis and became CFO in 2000. As CFO, he led the company’s finance, corporate development and strategic planning functions. “Michael has played a central role in navigating the company through many transformational events, including demutualizing, going public, merging with Montreal Exchange and completing the Maple transaction,” said Lou Eccleston, Chief Executive Officer, TMX Group. “The Board of Directors and the entire TMX team join me in thanking Michael for these contributions and for his leadership.”
Frank DiLiso, Vice President, Corporate Finance and Administration, will be acting as interim Chief Financial Officer until a permanent successor is appointed.
Meanwhile, it was also officially announced today that Nasdaq brought aboard Michael Ptasznik and he has been appointed as Chief Financial Officer. Mr. Ptasznik will join Nasdaq effective July 11, 2016.
Michael Ptasznik, new CFO of NASDAQ stated:
“I am excited to have the opportunity to join Nasdaq at a time where the company has positioned itself for continued growth globally. I look forward to enabling its further success as a client-centric innovator and financial technology leader by serving the company’s customers, employees and shareholders.”