NYBOT Announces Appointment of Thomas W. Farley as President and COO
ATLANTA and NEW YORK, Jan. 29 /PRNewswire-FirstCall/ --
IntercontinentalExchange (NYSE: ICE), the leading electronic energy
marketplace and soft commodities exchange, and its regulated subsidiary, the
New York Board of Trade (NYBOT), announced today that Thomas W. Farley has
been appointed President and Chief Operating Officer of the NYBOT, effective
February 20, 2007.
Farley was previously President of SunGard's Kiodex business unit. During
his time at Kiodex, he also held the positions of Chief Operating Officer and
Chief Financial Officer. Farley will join the NYBOT Board of Directors.
"Tom brings leadership skills and an entrepreneurial background, and we
are pleased to welcome him as a member of our dedicated management team," said
ICE Chairman and Chief Executive Officer Jeffrey C. Sprecher. "Tom's
experience in financial services includes his key role in building and
managing a rapidly growing, leading energy and commodity risk management
business."
"I am excited to join the team at this important time in NYBOT's 136-year
history as NYBOT and ICE combine their strengths," said Farley. "There are
many opportunities to continue to expand NYBOT's food, fiber and financial
products markets, and I look forward to working with the ICE and NYBOT teams
to help achieve the aggressive plans for growth."
About IntercontinentalExchange
IntercontinentalExchange(R) (NYSE: ICE) operates the leading global,
electronic marketplace for trading both futures and OTC energy contracts and
the leading soft commodity exchange. ICE's markets offer access to a range of
contracts based on crude oil and refined products, natural gas, power and
emissions, as well as soft commodities including cocoa, coffee, cotton,
ethanol, orange juice, wood pulp and sugar, in addition to currency and index
futures and options. ICE(R) conducts its energy futures markets through its
U.K. regulated London-based subsidiary, ICE Futures, Europe's leading energy
exchange. ICE Futures offers liquid markets in the world's leading oil
benchmarks, Brent Crude futures and West Texas Intermediate (WTI) Crude
futures, trading nearly half of the world's global crude futures by volume of
commodity traded. ICE conducts its soft commodity futures and options markets
through its U.S. regulated subsidiary, the New York Board of Trade(R). For
more than a century, the NYBOT(R) has provided global markets for food, fiber
and financial products. ICE was added to the Russell 1000(R) Index on June
30, 2006. Headquartered in Atlanta, ICE also has offices in Calgary, Chicago,
Houston, London, New York and Singapore. For more information, please visit
www.theice.com and www.nybot.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 - Statements in this press release regarding
IntercontinentalExchange's business that are not historical facts are
"forward-looking statements" that involve risks and uncertainties. For a
discussion of such risks and uncertainties, which could cause actual results
to differ from those contained in the forward-looking statements, see the
Company's Securities and Exchange Commission filings, including, but not
limited to, the risk factors in the Company's Quarterly Report on Form 10-Q
for the quarter ended June 30, 2006 and the Company's Registration Statement
on Form S-4 (File No. 333-138312), as filed with the Securities and Exchange
Commission on November 16, 2006.
SOURCE IntercontinentalExchange