Euronext announces departure of Dominique Cerutti

Euronext announces departure of Dominique Cerutti

Euronext announces departure of Dominique Cerutti

The FINANCIAL -- Euronext on April 22 announced that Dominique Cerutti, CEO of Euronext N.V. and Chairman of the Managing Board, will leave the company on 15 July 2015. 

Mr. Cerutti, who joined NYSE Euronext in 2009 as President and Deputy CEO1, has decided to take a new position as Chairman and CEO at Altran.  The Supervisory Board of Euronext has regretfully acknowledged this decision and would like to thank Mr. Cerutti for his outstanding contribution as CEO of Euronext N.V.., according to Euronext.

Rijnhard Van Tets, Chairman of the Supervisory Board of Euronext N.V., said, “Dominique Cerutti successfully navigated the company through its complex separation from IntercontinentalExchange to its subsequent IPO in an extremely short timeframe and positively repositioned the group as a leading independent exchange in Europe.  Since its IPO, investors have supported the strategy and the management team, resulting in a twofold increase of the valuation of the company.”

Dominique Cerutti, CEO of Euronext N.V., commented, “Whilst I am looking forward to this new challenge, I am particularly proud of all that has been achieved at Euronext in the past 18 months.  This was very much thanks to the cohesion found within the exceptional management team. I am confident that Euronext will continue to create outstanding shareholder and client value as a result of the strong base which has been established.  As Euronext anticipated, capital markets in Europe are at the beginning of a new cycle, and the positive trends in the sector, which will boost the company’s strategy, are continuing.” 

The Board will task the Governance and Nomination Committee to start the search process for a successor to Mr. Cerutti, who will ensure a smooth transition over the next few months.