Robert Greifeld
Robert Greifeld | |
|---|---|
 | |
| Born | 1957 |
| Nationality | American |
| Alma mater | Iona College New York University |
| Occupation | Businessman |
| Known for | Chairman and CEO of Nasdaq, Inc. |
Robert Greifeld (born 1957)[1] is an American businessman and author. He is the former CEO and chairman of Nasdaq and former chairman of Virtu Financial.
Early life
Greifeld was born in Queens, New York, to an Italian American mother and a father of Irish and German descent.[1] He holds a master's degree in business from the New York University Stern School of Business, and a B.A. in English from Iona College.
Career
In the 1980s, Greifeld was a district manager for Unisys in Jericho, NY. In 1991 he joined Automated Securities Clearance, Inc. (ACS), becoming president of the company in 1993.[2] While at ACS he spearheaded the creation of BRASS, one of the first electronic stock order matching systems, and Brut, an electronic communication network (ECN).[3][4]
After SunGard Data Systems acquired ACS in 1999, Greifeld was promoted to group CEO of SunGard Brokerage Systems.[2]
In 2003, Greifeld succeeded Hardwick Simmons as chairman and CEO of Nasdaq.[5] Under Greifeld, in 2007 Nasdaq attempted a hostile takeover of the London Stock Exchange, but their offer was ultimately rejected by shareholders.[6] In 2011, Nasdaq OMX collaborated with IntercontinentalExchange to attempt a hostile takeover of NYSE Euronext, however their bid was withdrawn due to antitrust concerns.[7][8]
In 2016, Nasdaq announced that Greifeld would be succeeded as CEO by Adena Friedman as of January 2017.[9] He continued in the role of chairman until May 2017, at which time he became the chairman of Virtu Financial.[10][11]
In 2019, Greifeld authored the book "Market Mover: Lessons from a Decade of Chance at Nasdaq", chronicling his time at Nasdaq.[10][12]
Greifeld left Virtu in April 2023 to work on launching a tech-focused investment fund, Cornerstone FTM, among other endeavors.[13][14]
Personal life
Greifeld has resided with his wife and family in Westfield, New Jersey[15][16] In 2016, he gave the commencement address at Iona College.[17]
References
- ^ a b Blackhurst, Chris (2006-11-22). "Long-distance runner on the trail of the LSE; Bob Greifeld trained all his life to be Nasdaq chief, so he isn't the type to give up on the London exchange". The Evening Standard. Retrieved 2010-09-25.
- ^ a b "Nasdaq battles back". 11 November 2004. Retrieved 14 June 2024.
- ^ "Bright Side of Upheaval In Order Management:BRASS, the Industry Standard, Faces Competition". Traders Magazine. 31 August 1998. Retrieved 14 June 2024.
- ^ Dwyer, Paula; Borrus, Amy (10 August 2003). "NASDAQ: The Fight of Its Life". www.bloomberg.com. Retrieved 14 June 2024.
- ^ "Nasdaq Names New CEO and Chairman". Los Angeles Times. 16 April 2003. Retrieved 14 June 2024.
- ^ "Nasdaq fails in takeover bid for London Stock Exchange - Business - International Herald Tribune". The New York Times. 11 February 2007. Retrieved 14 June 2024.
- ^ "Nasdaq, ICE declare hostile bid for NYSE Euronext". The Sydney Morning Herald. 2 May 2011. Retrieved 14 June 2024.
- ^ Lucchetti, Aaron; Catan, Thomas (17 May 2011). "Feds Sink Nasdaq's Bid to Buy Big Board". Retrieved 14 June 2024.
- ^ "Nasdaq names Friedman CEO; Greifeld to be chairman". Reuters. 2016-11-14.
- ^ a b Bradford, Hazel (11 November 2019). "Former Nasdaq CEO recounts exchange's thrill ride". Retrieved 20 June 2024.
- ^ "Former Nasdaq chief Greifeld to take over as Virtu chairman". 14 June 2017. Retrieved 20 June 2024.
- ^ Bursztynsky, Jessica (7 October 2019). "Ex-Nasdaq CEO Greifeld warns that recent IPOs' unclear path to profits reminds him of tech bubble". CNBC. Retrieved 20 June 2024.
- ^ McCrank, John (21 April 2023). "UPDATE 1-Trading firm Virtu says Greifeld resigns as chairman to pursue other opportunities". Reuters. Retrieved 20 June 2024.
- ^ Oladipupo, Solomon (21 April 2023). "Virtu Financial Picks Michael Viola to Replace Robert Greifeld as Chairman". Financial and Business News. Retrieved 20 June 2024.
- ^ "Nasdaq's marathon man". Financial Times. Retrieved 2018-02-19.
- ^ Staff. "NASDAQ CEO: Robert Greifeld", China Radio International, December 15, 2005. Accessed March 5, 2011. "Greifeld is a resident of Westfield, New Jersey where he resides with his wife and three children."
- ^ "Iona College - About: News & Events". www.iona.edu. Retrieved 2017-02-13.