TMX Group has selected Lou Eccleston as its next CEO.
He will take on the role on Nov. 3 and will also become a member of the TMX Group board of directors. Eccleston is the successor to Thomas Kloet, who announced his intention to retire from the company in March 2014.
“It was clear that Lou has the right skill set, experience and proven track record to be successful in this critical role,” says Chuck Winograd, chair of TMX Group. “It was also the board’s view that he has the expertise and instincts to effectively lead the company in this rapidly evolving operating environment.”
Eccleston has more than 30 years of extensive experience gained in senior leadership roles in the information services, financial technology and capital market services sectors.
Most recently, he was president of S&P Capital IQ and chairman of the board at S&P Dow Jones Indices for six years. Previously, Eccleston was at Thomson Financial for four years and Bloomberg for 14 years. He also served as chairman and CEO of Pivot Inc., a capital market software services company.
His start date is subject to receipt of appropriate approvals from Employment and Social Development Canada and Citizenship and Immigration Canada.
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