ConvergEx Nabs Nasdaq Exec.

Nov 26 2013 | 10:36am ET

Hedge fund services firm ConvergEx Group has hired a top Nasdaq OMX Group executive to serve as its CEO.

Eric Noll, widely seen as a potential successor to Nasdaq CEO Robert Greifeld, was executive vice-president of U.S. and U.K. transaction services at the exchange operator. Noll's tenure wasn't an especially smooth one, as he oversaw a number of embarrassing technical failures at Nasdaq, including last year's botched Facebook Inc. initial public offering.

Noll has already been installed as president of ConvergEx and will succeed current CEO Joseph Velli as CEO by the end of the year.

"ConvergEx is a strong company with a bright future, and I am deeply honored to become part of this organization," Noll said. "One of my top priorities will be to demonstrate to our customers that we are a company that stands for strong values, transparency and, above all, putting customers' interests first."

Prior to joining Nasdaq four years ago, Noll worked at Susquehanna International Group.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of