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Board of Directors

There are 9 seats on ICE's Board of Directors; the members of the Board are as follows:

Jeffrey Sprecher

Chairman and Chief Executive Officer, Intercontinental Exchange
Chairman, New York Stock Exchange

Jeff Sprecher is Founder, Chairman and CEO of Intercontinental Exchange, Inc. (NYSE: ICE) and Chairman of the New York Stock Exchange.  Sprecher acquired the predecessor company to ICE for $1, building a company with a market capitalization over $30 billion. Under Sprecher’s leadership, ICE grew from operating an energy swaps market into a network of 11 global exchanges, including the New York Stock Exchange, through organic growth and acquisitions. ICE’s exchanges include equity and equity options exchanges, as well as futures exchanges that establish benchmark prices for interest rates, equity indexes, energy, metals and agricultural commodities.  In addition, ICE operates 6 central clearing houses that provide risk management services.

As a power plant developer, Sprecher recognized the need among energy market participants for an accessible, standardized electronic marketplace for OTC energy contracts. He acquired Continental Power Exchange (CPEX) in 1997 to achieve his vision of an efficient market that would bring transparency to previously opaque and fragmented markets. Intercontinental Exchange was formed in 2000 and the company completed its initial public offering in 2005 on the NYSE.  He has served as the company's Chief Executive Officer since May 2000 and as Chairman of the Board since November 2002.

Sprecher has led numerous strategic initiatives that have enabled ICE to expand from a single asset class — energy — into a broad range of asset classes today. These have included numerous acquisitions, including the International Petroleum Exchange of London (2001), the New York Board of Trade (2007), Creditex (2008), The Clearing Corporation (2009), the Climate Exchange (2010), NYSE Euronext (November 2013), Singapore Mercantile Exchange (2014) and Interactive Data Corporation (2015). 

In addition to expanding through acquisitions, Sprecher has focused ICE's resources on organic growth, including developing the first cleared OTC energy contracts (2002), building the first new major clearing house in the U.K. in over a century (2008), and launching the world's leading clearing houses for credit derivatives (2009). Through ICE Data Services, ICE is one of the world’s foremost providers of financial market information. 

Sprecher's leadership has been recognized by Businessweek, Institutional Investor and a number of other industry publications. He was selected as a finalist in Ernst & Young's Entrepreneur of the Year program in 2002 and by MarketWatch as one of five finalists in the MarketWatch CEO of the Year program in 2006. Also in 2006, ICE's stock was named the best 1-year performer by The Wall Street Journal, and in 2010 the company was named as the fastest growing company in the Financial Services category by Fortune magazine. In 2015, Sprecher was nominated for Best CEO in Institutional Investor’s annual poll.  Since 2014, he has been named one of Barron’s 30 World’s Best CEOs. 

Sprecher is involved in a number of civic initiatives.  He is the Chairman of the Buckhead Coalition; is a Wisconsin Alumni Research Foundation Trustee; and is on the Board of Directors for the Metro Atlanta Chamber, The Commerce Club and Atlanta Committee for Progress.

Prior to acquiring CPEX, Sprecher served as President of Western Power Group, Inc., a developer, owner and operator of large central-station power plants in California.

Raised in Wisconsin, Sprecher earned a Bachelor of Science degree in Chemical Engineering from the University of Wisconsin at Madison and a Master of Business Administration from Pepperdine University in Malibu, California.

Access Biography Brief

Charles Crisp

Director

Charles Crisp has been a director since 2002. He also serves on the Board of Directors of ICE Futures U.S. and ICE Trade Vault, our subsidiaries.

From 1999 until his retirement in 2000, Mr. Crisp served as President and Chief Executive Officer of Coral Energy, a Shell Oil affiliate responsible for wholesale natural gas and power marketing and trading services. He joined Coral Energy as President and Chief Operating Officer in 1998. From 1996 to 1997, Mr. Crisp was President of the power generation group of Houston Industries. He served as President and Chief Operating Officer of Tejas Gas Corporation from 1988 to 1996.

Mr. Crisp served as a Vice President, Executive Vice President and President at Houston Pipeline Co. from 1985 to 1988, he served as Executive Vice President of Perry Gas Co. Inc. from 1982 to 1985 and he was with Conoco, Inc., where he held various domestic and international positions in engineering, operations and management from 1969 to 1982.

Mr. Crisp currently serves as a Director of EOG Resources, Inc. and Targa Resources, Corp. Prior to the acquisition of AGL Resources, Inc. by Southern Company, he served on the public company board of AGL Resources from 2003 to 2016.

Mr. Crisp earned a Bachelor of Science degree in Chemical Engineering from Texas Tech University and completed the Program for Management Development at Harvard Graduate School of Business.

Member of the Audit Committee

Member of the Compensation Committee

Jean-Marc Forneri

Director

Jean Marc Forneri has been a director since 2002.

In 2004, Mr. Forneri founded Bucephale Finance, a boutique M&A firm specializing in large transactions for French corporations, foreign investors and private equity firms. He remains a senior partner of the firm. For the seven years prior to Bucephale's founding, Mr. Forneri headed the investment banking business of Credit Suisse First Boston in Paris. He was Managing Director and Head of Credit Suisse First Boston France S.A., and Vice Chairman, Europe. From 1994 to 1996, Mr. Forneri was a Partner of Demachy Worms & Cie Finance, where he was in charge of investment banking activities of Group Worms. Mr. Forneri is a director of SAFRAN SA and Balmain SA, and is Chairman of the Supervisory Board of Grand Port Maritime de Marseille.

Mr. Forneri holds a Bachelor of Science degree in Political Science from the Ecole Nationale d'Administration.

Member of the Nominating and Governance Committee

Member of the Risk Committee

The Rt. Hon. the Lord Hague of Richmond

Director

Lord Hague has been a director since September 2015. He also serves as Chairman of the Board of Directors of ICE Futures Europe, our subsidiary.

Lord Hague served as a Member of the UK Parliament from 1989 to 2015. He introduced the landmark Disability Discrimination Act in 1995 as the Minister of State responsible for Social Security and Disabled People and, in the same year, was appointed Secretary of State for Wales by Prime Minister John Major. He was leader of the Conservative Party from 1997 to 2001. He served as Foreign Secretary from 2010 to 2014, as well as First Secretary of State, a role he carried with him when he became Leader of the House of Commons from 2014 to 2015 before retiring from British politics at the General Election. Prior to his service in Parliament beginning in 1989, Lord Hague was a management consultant at McKinsey & Co Inc. from 1983 to 1988 and worked for Shell (UK) Limited from 1982 to 1983.

Lord Hague earned a First-Class Honours in Philosophy, Politics, and Economics from Oxford University and an MBA with distinction from the Institut Europeen d’Administration des Affaires (INSEAD).

Lord Hague was granted a life peerage in August 2015 and is a member of the House of Lords.

Member of the Compensation Committee

Member of the Risk Committee

Fred Hatfield

Director

Fred Hatfield has been a director since 2007. He is also Chairman of the Board of Directors of ICE Futures U.S., serves on the Board of Directors of ICE Swap Trade and Board of Managers at ICE Clear Credit. Additionally, he serves as Chairman of all three NYSE Regulatory Oversight Committees as well as on the boards of multiple NYSE U.S. regulated subsidiaries, all of which are our subsidiaries.

Mr. Hatfield is the founder of Hatfield Advisory Services and is a Senior Advisor at Patomak Global Partners. Mr. Hatfield served as a member of the Obama Economic Policy Advisory Committee, Competitiveness: Strengthening America's Business Climate. Prior to that, Mr. Hatfield served as a Public Policy Advisor at Patton Boggs, LLP from 2006 to 2007 and he was Commissioner of the Commodity Futures Trading Commission (CFTC) from 2004 to 2006. Before joining the CFTC, Mr. Hatfield served as Chief of Staff to former Senator John Breaux (D-LA) from 1995 to 2004, and former House Majority Whip, Tony Coelho (D-CA) from 1980 to 1989. Mr. Hatfield has over twenty years of experience in the areas of energy, private equity/venture capital/hedge funds, and financial services and products. Mr. Hatfield served as Deputy Commissioner General of the U.S. Pavilion at the World's Fair in Lisbon, Portugal in 1998.

Mr. Hatfield also serves on the Board of Directors of Pinpoint Global Communications which provides learning management systems and regulatory compliance tools for financial services and health care companies.

Mr. Hatfield earned a Bachelor of Arts degree in History from California State University, Fresno.

Chair of the Risk Committee

Member of the Nominating and Governance Committee

Thomas Noonan

Director

Tom Noonan joined the ICE Board of Directors in 2016.

He is a founding partner of TechOperators LLC and Chairman of TEN Holdings, LLC.  Most recently, he was the General Manager of the Energy Management business of Cisco, following the acquisition of JouleX in 2013, where he was co-founder and CEO.  

Mr. Noonan founded Actuation Electronics and Leapfrog Technologies as well as co-founded Endgame Security, a leading provider of software solutions to the U.S. Intelligence Community and Department of Defense. Mr. Noonan co-founded Internet Security Systems (ISS), where he served as Chairman, President and Chief Executive Officer prior to its acquisition by IBM in 2006. Mr. Noonan  began his career as a product manager and engineer for Rockwell Automation.

In 2002, President Bush appointed Mr. Noonan to serve on the National Infrastructure Advisory Council (NIAC), a White House homeland defense initiative that protects information systems critical to the nation's infrastructure, where he continues to serve under President Obama. Mr. Noonan currently serves on the Board of Directors of Manhattan Associates (MANH). 

Mr. Noonan earned a Bachelor of Science degree in Mechanical Engineering from the Georgia Institute of Technology and a CSS in Business Administration and Management from Harvard University.

Member of the Risk Committee

Frederic Salerno

Director

Frederic Salerno has been a director since November 2002. Currently, he serves as the lead independent director. He also serves on the boards of multiple NYSE U.S. regulated subsidiaries.

Mr. Salerno is the former Vice Chairman of Verizon Communications, Inc. Before the merger of Bell Atlantic and GTE Corporation, Mr. Salerno was Senior Executive Vice President, Chief Financial Officer of Bell Atlantic and served in the Office of the Chairman from 1997 to 2001. Prior to joining Bell Atlantic, he served as Executive Vice President and Chief Operating Officer of New England Telephone from 1985 to 1987, President and Chief Executive Officer of New York Telephone from 1987 to 1991 and Vice Chairman, Finance and Business Development at NYNEX from 1991 to 1997.

Mr. Salerno currently serves on the Boards of Directors of Viacom, Inc., Akamai Technologies, Inc., and FCB Financial Holdings, Inc. He was a board member of National Fuel Gas Company from 2008 to 2013, Popular, Inc. from 2003 to 2011, and CBS Corporation from 2007 to 2016.

Mr. Salerno earned a Bachelor of Science in Engineering from Manhattan College and a Masters of Business Administration from Adelphi University.

Chair of the Nominating and Governance Committee

Judith Sprieser

Director

Judith Sprieser has been a director since 2004. She also serves on the Board of Managers of ICE Clear Credit, our subsidiary.

Ms. Sprieser founded Transora, Inc., a technology software and services company, in 2000 and served as its Chief Executive Officer until 2005. Prior to founding Transora, Ms. Sprieser was Executive Vice President of Sara Lee Corporation, serving as CEO of the Food Group and prior to that as Chief Financial Officer.

Ms. Sprieser has been a member of the Boards of Directors of Allstate Insurance Company since 1999 (currently Lead Director) and Reckitt Benckiser plc since 2003 (Chair of Compensation Committee). Previously, she served on the Boards of Adecco SA from 2008 to 2011, Royal Ahold N.V. from 2006 to 2015, Jimmy Choo plc from 2014 to 2015, and Experian plc from 2010 to 2016. Ms. Sprieser is also a Trustee of Northwestern University.

Ms. Sprieser earned a Bachelor of Arts degree and a Master of Business Administration from Northwestern University.

Chair of the Audit Committee

Member of the Nominating and Governance Committee

Vincent Tese

Director

Vincent Tese has been a director since 2004. He also serves as Chairman of ICE Clear Credit and serves on the boards of multiple NYSE U.S. regulated subsidiaries.

Mr. Tese was appointed Superintendent of Banks by Governor Mario M. Cuomo in 1983 and served New York State until December 1995. In March 1985, Mr. Tese was named Chairman and Chief Executive Officer of the Urban Development Corporation and, in 1987, Director of Economic Development for New York State. He was appointed a Commissioner of the Port Authority of New York and New Jersey in 1991 and elected its Vice Chairman in 1992.

Before his career in public service, Mr. Tese was a partner at the law firm Tese & Tese from 1973 to 1977. From 1977 to 1982, he was a partner at the Sinclair Group, a commodities trading and investment management company. In 1976, Mr. Tese co-founded Cross Country Cable TV, which operated cable television systems in New Jersey, Virginia, Illinois, Arizona, California and Puerto Rico.

Mr. Tese serves as Executive Chairman of FCB Financial Holdings, Inc. He also serves on the Board of Directors at Madison Square Garden, Inc., Mack-Cali Reality Co, and AMC Networks Inc. He is a Trustee of New York University School of Law and New York Presbyterian Hospital. He served as a member of the Board of Directors of Wireless Cable International, Inc. from 1995 to 2011. Prior to the acquisition of Cablevision Systems Corporation by Altice, he served on the public company board of Cablevision from 1996 to 2016.

Mr. Tese earned a Bachelor of Business Administration degree in Accounting from Pace University. Following two years as first lieutenant with the U.S. Army, he earned a law degree from Brooklyn Law School and a L.L.M. in Taxation from New York University School of Law.

Chair of the Compensation Committee

Member of the Audit Committee

Member of the Nominating and Governance Committee