Instinet, the agency broker and trading platform, today announced a new senior management team. Jean-Marc Bouhelier will continue to serve as Chief Operating Officer, Instinet Group Incorporated. Paul Merolla will continue to serve as General Counsel, Instinet Group Incorporated. Mark Nienstedt, Instinet’s President and Chief Financial Officer, will continue to serve as Instinet’s President, however, John Fay, formerly Island Chief Financial Officer, will now serve as Instinet’s Chief Financial Officer. Will Sterling will continue in his dual capacity of Island’s President and Chief Technology Officer while taking on the additional responsibility of leading Instinet’s Broker-Dealer Execution and Clearing Group. Andrew Goldman, formerly the head of Corporate Communications for Island, will now head up Global Marketing and Communications for Instinet. Alex Goor, now serving as head of the Instinet-Island integration effort, will also take on the responsibilities of Strategy and Planning for Instinet. All of these individuals will report to Ed Nicoll, Instinet’s Chief Executive Officer.
“We are fortunate to have extremely talented managers within our organization who bring a combination of expertise in their fields and exceptional leadership skills. I’m confident that we’ll have one of the strongest and hardest-working teams focused on meeting the needs of customers and delivering value to our shareholders,” says Ed Nicoll.