MarketAxess hires EY veteran Nancy Altobello as Lead Independent Director
“Nancy’s appointment to Lead Independent Director of the Board makes perfect sense. Her extensive audit experience, along with her deep global expertise in managing talent, diversity, and corporate culture, have made her an invaluable director over the past few years, and I look forward to our continued collaboration and partnership.”
MarketAxess Holdings Inc. has appointed Nancy Altobello as Lead Independent Director of the Board, succeeding Stephen P. Casper, who has served in the role of Lead Independent Director since 2012 and now continues his service as a director.
Nancy Altobello joins the operator of the electronic trading platform for fixed-income securities after more than three decades of global audit and talent management experience.
Nancy Altobello joins MarketAxess from Ernst & Young
She most recently served as Ernst & Young’s Global Vice Chair, Talent, where she led the company’s global talent function covering more than 250,000 people in over 150 countries. She joined EY in 1980 and held a variety of senior roles throughout the years, including Managing Partner – North American Audit Practice, Managing Partner -Northeast Region Audit and Advisory Practices and Americas Vice Chair, Talent.
Rick McVey, Founder and Executive Chairman of MarketAxess, said: “Steve joined our Board at a pivotal time in our company history and provided oversight during a period of tremendous growth, including our addition to the S&P 500 index. We are extremely grateful for his many contributions as Lead Independent Director for the past decade and for the counsel he’ll provide to MarketAxess in years to come.
“Our Board plays a leading role in providing oversight and setting priorities for our ESG initiatives. I’m especially proud that our corporate governance policies, as detailed in the MarketAxess ESG Report issued today, have consistently been recognized as among the best of our peers.”
Chris Concannon, Chief Executive Officer of MarketAxess, said: “Nancy’s appointment to Lead Independent Director of the Board makes perfect sense. Her extensive audit experience, along with her deep global expertise in managing talent, diversity, and corporate culture, have made her an invaluable director over the past few years, and I look forward to our continued collaboration and partnership.”
Nancy Altobello, Lead Independent Director of the Board at MarketAxess, added: “I am honored to serve as Lead Independent Director of the Board and would like to thank Steve for his leadership over the years. Over the course of my career, I have had the privilege of working with corporate boards around the world and I am honored to continue working with the incredible Board that Rick and team have built and our shareholders have entrusted to provide oversight of MarketAxess. This company has a strong record of accomplishment and, I believe, an even greater opportunity ahead.”
MarketAxess delivers a diversified pool of liquidity and significant cost savings to institutional investors and broker-dealers across the global fixed-income markets.
