NYSE Liffe Co-CEO Ibboston Leaves Company

NYSE Liffe, the international derivatives arm of the NYSE Euronext, has undergone key management changes following the departure of co-CEO Mark Ibbotson.

With NYSE Liffe transferring its clearing services to ICE Clear Europe, Ibbotson “decided to pursue other external opportunities,” the company said in a statement. Ibbotson had been with NYSE Euronext for 23 years.

Finbarr Hutcheson, who formerly shared the CEO position with Ibbotson, will become the sole CEO.

In addition, Andrew Dodsworth, Liffe’s executive director of market services, has been appointed as a director of the Liffe Board.

“Mark has led much of the innovation at LIFFE, has mentored many of his colleagues, has represented us on a number of industry initiatives, is well respected by our clients and the regulators and LIFFE’s successful migration to ICE Clear is the most recent of a long career replete with similar accomplishments. We wish him well in the future,” said Duncan L. Niederauer, CEO of NYSE Euronext.