Stacey Cunningham to lead New York Stock Exchange which gets its first woman chief in 226 years

The New York Stock Exchange for the first time in its 226-year history will be led by a woman. Stacey Cunningham, who started her career as a floor clerk on the NYSE trading floor, will become the 67th president of the Big Board.

AP May 22, 2018 20:09:54 IST
Stacey Cunningham to lead New York Stock Exchange which gets its first woman chief in 226 years

New York: The New York Stock Exchange for the first time in its 226-year history will be led by a woman.

Stacey Cunningham, who started her career as a floor clerk on the NYSE trading floor, will become the 67th president of the Big Board.

Stacey Cunningham to lead New York Stock Exchange which gets its first woman chief in 226 years

Representative image. Reuters

That means that two of the world's most well-known exchanges will be led by women. Adena Friedman became CEO of Nasdaq in early 2017.

Cunningham, who is the chief operating officer for the NYSE Group, becomes president Friday, according to International Exchange, they NYSE's parent company.

Current NYSE President Thomas Farley, is leaving to head a special purpose acquisition company.

The historically male-dominated financial industry has grappled with its own issues tied to the #MeToo movement.

Last month it was announced that the "Fearless Girl" statue, which has become a global symbol of female business prowess, will be moved from her spot staring down Wall Street's bronze "Charging Bull" to a new home facing the New York Stock Exchange.

Updated Date:

also read

Market roundup: Sensex ends 163 points higher, Nifty at 17,853; today's top gainers and losers
India

Market roundup: Sensex ends 163 points higher, Nifty at 17,853; today's top gainers and losers

Sensex went up by 163.11 points to end at 60,048.47 while Nifty ended at 17,853.20 after a gain of 30.25 points.

Market Roundup: Sensex falls by 77 points, Nifty ends at 17,546; check top winners and losers
India

Market Roundup: Sensex falls by 77 points, Nifty ends at 17,546; check top winners and losers

The top BSE gainers were were Tech Mahindra, Mahindra and Mahindra, HCL Technologies, Bajaj Auto and Reliance

Market Roundup: Sensex ends 69 points higher, Nifty at 17,380; today's top gainers and losers
Business

Market Roundup: Sensex ends 69 points higher, Nifty at 17,380; today's top gainers and losers

The top gainers of BSE Sensex were IndusInd Bank, HCL Technologies, Kotak Bank, Bajaj Auto, and Tech Mahindra. While HDFC, Nestle India, Hindustan Unilever, and Tata Steel were the top losers