Stacey Cunningham From Intern To Head Of The NYSE


Stacey Cunningham From Intern To Head Of The NYSE
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23 May, 2018 Uploaded by: Mick Presentation
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The New York Stock Exchange is set to get its first female leader in its 226-year history. Stacey Cunningham, the NYSE’s chief operating officer, will become the Big Board’s 67th president, the exchange’s parent Intercontinental Exchange Inc. told The Wall Street Journal. She will start her new role Friday, succeeding Thomas Farley, an ICE veteran who is leaving the Atlanta-based company. Ms. Cunningham first came to the NYSE in 1994 as a summer intern. “I loved the place right out of the gate and now I’m excited to be running it,” she said in an interview. When she first joined, the women’s restroom on the seventh floor was inside an old phone booth. The men had “palatial” quarters next door, she recalled, with couches, amenities and a full-time bathroom attendant. Today the men’s and women’s rooms are on par with each other. Despite its prominent brand name, the NYSE is much diminished from when Ms. Cunningham’s career began. In the 1990s, the U.S. stock market was effectively a NYSE-Nasdaq duopoly, and the Big Board’s floor bustled with thousands of brokers, clerks and traders.


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