On Monday, Sharon Bowen was named as chair of the New York Stock Exchange, its parent company announced, becoming the first Black woman to hold the role at the Wall Street fixture.
ICE founder Jeff Sprecher announced this in a letter saying:
“As organizations everywhere adjust to a world transformed by the pandemic, our management team is evolving along with the market environment,”
Intercontinental Exchange also announced the President of its Fixed Income and Data Services division, Lynn Martin, will take over as NYSE president from Stacey Cunningham, who will join the exchange’s board of directors.
Sharon, who is already a member of the boards of ICE and the NYSE, served from 2014 to 2017 as a commissioner at the Commodity Futures Trading Commission overseeing futures markets.
In 2010, then-president Barack Obama named her to a vice-chair of the body regulating US broker-dealers, the Securities Investor Protection Corporation.
Bowen also worked for three decades as a partner and associate in law firms, specializing in business law.
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