Bats Global Markets, an innovative global financial markets technology company, announces the promotion of Craig Perrigo to chief financial officer.
Mr. Perrigo joined BATS in 2007 as controller and, as CFO, is responsible for all financial functions at the firm, including financial planning and financial reporting.
"We're pleased to promote Craig, who has made significant contributions within the finance team as BATS has built a global presence," said Joe Ratterman, CEO of BATS Global Markets and BATS Exchange. "Since he joined us in 2007, Craig has been instrumental in developing and enhancing many of our critical financial processes and we have great confidence in him leading our finance team.
"We're also glad to announce that Jessi Kingsbury, our previous CFO and a founding member of BATS, remains with the firm as a vital member of the finance team. Even with her recent decision to shift to part-time status so she can enjoy more time with her family, Jessi continues to play an integral role at BATS," he said.
Prior to coming to BATS, Mr. Perrigo had several years of experience in public accounting as an audit supervisor for BKD, LLP, providing service to many privately held and public companies in the Kansas City and surrounding area. Most recently he was a financial services specialist in the financial reporting division of DST Systems, working to fulfill the company's quarterly and annual SEC filing requirements.
Mr. Perrigo graduated from Truman State University with a Bachelor of Science in Accounting degree. He is a licensed Certified Public Accountant and member of the American Institute of Certified Public Accountants and the Missouri Society of Certified Public Accountants.
In less than four years, BATS Exchange has captured 10% matched market share in U.S. equities while, overseas, BATS Europe, a pan-European multilateral trading facility, is trading nearly 8% of the FTSE 100 and 4% of the CAC 40 only 10 months after launch.
The company also recently announced plans to open a U.S. options exchange and a second U.S. equities exchange called BYX in 2010. BATS Options remains on target to go live in the first quarter and BYX will also launch early in the year.