NEW YORK: Nasdaq has named Jeremy Skule as EVP and chief strategy officer, the exchange said on Friday.
In the newly created position, Skule will report to president and CEO Adena Friedman and will lead Nasdaq’s global strategy organization to drive strategic planning, mergers and acquisitions, divestitures, venture investing and the NasdaqNext innovation program.
Skule will also be responsible for Nasdaq's industry positioning and overseeing the company's marketing and communications division, which is now a part of global strategy.
“2021 marks the fiftieth anniversary of Nasdaq as a technology and markets company and an important centerpiece in the world of finance. From our inception, we have been a force for positive change and innovation in the capital markets and global economy,” Skule said via email. “Looking ahead, I will be working alongside Nasdaq’s leadership team to execute on our strategy and build on our position as technology leader by creating opportunities to advance our vision of reimagining markets.”
In the eight years since he joined Nasdaq, Skule has led the company's global rebranding and held a leadership role in developing the company's 2017 commitment to its core strengths of data, analytics and technology. Previously, he was EVP and CMO.
Prior to joining Nasdaq, Skule led marketing and communications teams at organizations including UBS Wealth Management and MF Global. He also worked at Fleishman-Hillard as SVP and partner.
Nasdaq is searching for a CMO, who will report to Skule.
Nasdaq filed a proposal with the Securities and Exchange Commission last month that would require companies on its exchange to disclose the racial, gender and sexual orientation breakdown of their boards with a penalty of delisting if they do not comply.
It would also require most companies on the exchange to have at least two diverse directors, defined as an individual who is female, an underrepresented racial minority or LGBTQ. Companies that do not meet the mandate would have to explain why, according to the Associated Press.
“Our purpose is to champion inclusive growth and prosperity to power stronger economies. This includes encouraging inclusive representation across corporate America, and especially at Nasdaq,” Skule said. “This is the mindset we see echoed across our culture and believe benefits the private sector.”