Jeffrey Sprecher

Jeffrey Sprecher, Chairman and Chief Executive Officer, Intercontinental Exchange
Chairman, New York Stock Exchange
Portrait

Jeff Sprecher is Founder, Chairman and CEO of Intercontinental Exchange, Inc. (NYSE: ICE) and Chairman of the New York Stock Exchange. Intercontinental Exchange is a Fortune 500 company. ICE was formed in 2000 and he has served as the Chief Executive Officer since May 2000 and as Chairman of the Board since November 2002. ICE completed its initial public offering in 2005 on the NYSE and today has a market capitalization of over $60 billion.


Sprecher acquired Continental Power Exchange (CPEX), the predecessor company to ICE, in 1997 to achieve his vision of an open, transparent electronic energy marketplace. Under his leadership, ICE has evolved from operating an energy market to a company that designs, builds and operates digital networks to connect people to opportunity. ICE provides financial technology and data services across major asset classes that offer our customers access to mission-critical workflow tools that increase transparency and operational efficiencies. ICE operates exchanges, including the New York Stock Exchange, and clearing houses that help people invest, raise capital and manage risk across multiple asset classes. ICE’s comprehensive fixed income data services and execution capabilities provide information, analytics and platforms that help customers capitalize on opportunities and operate more efficiently. ICE Mortgage Technology is transforming and digitizing the U.S. residential mortgage process, from consumer engagement through loan registration.


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), Interactive Data Corporation (2015), NGX (2017), BondPoint (2018), TMC (2018), Chicago Stock Exchange (2018),MERSCORP Holdings, Inc. (2018), Simplifile (2019) and Ellie Mae (September 2020).


In addition to expanding through acquisitions, Sprecher has led numerous organic growth initiatives to transform markets by streamlining and automating industries to connect customers to opportunity. ICE developed the first cleared OTC energy contracts (2002), built the first new major clearing house in the U.K. in over a century (2008) and launched the world's leading clearing houses for credit derivatives (2009). ICE is also bringing transparency to the fixed income markets with data and execution through ICE Bonds as well as efficiency to the primary trading workflow through the ICE ETF Hub. In 2018, ICE announced the formation of Bakkt, a regulated, global ecosystem for digital assets. ICE continues to bring efficiency and transparency to the mortgage finance industry through ICE Mortgage Technology. Through the Ellie Mae acquisition in September of 2020, the expanded platform, for the first time, brings together all the key stakeholders - MERS, Simplifile and Ellie Mae - from consumer engagement through loan registration in one digital mortgage ecosystem.


Sprecher's leadership has been recognized by Business Week, Fortune, Institutional Investor and a number of other publications. In 2006, ICE's stock was named the best 1-year performer by The Wall Street Journal and continues to be recognized for its growth strategy by being named to the 2017 inaugural Fortune Future 50 as well as in 2020, a ranking of companies best positioned for growth amid a complex operating environment. For multiple years, he has been recognized as one of the Best CEO for Brokers, Asset Managers and Exchanges in Institutional Investor’s annual poll as well as one of Harvard Business Review’s Best-Performing CEOs in the World. Sprecher was named one of Barron’s World’s Best CEOs for six consecutive years.


Sprecher previously 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.