NYSE Group names Niederauer President |
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Published
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Tue, 27 Feb 2007 00:49
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NEW YORK (AP) - NYSE Group Inc., operator of the New York Stock Exchange, said Monday it appointed Duncan L. Niederauer as president and co-chief operating officer, effective April 9.Niederauer is currently a managing director of investment bank Goldman Sachs Group Inc. and will oversee U.S. cash equities operations.Current President and co-COO Gerald R. Putnam will become vice chairman with responsibility for technology, product development and options.President and co-COO Catherine R. Kinney will be responsible for NYSE Group's global listings business, which includes listings sales and client services and NYSE Group's market data business.NYSE Group shares fell $1.34 to close at $90.01.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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