Nyse Euronext (NYX) announced today that Cees Vermaas (45) will become the new chairman of the Managing Board of Nyse Euronext Amsterdam and member of the Managing Board of Euronext N.V., succeeding Joost van der Does de Willebois (51), who has decided to resign from the management of Nyse Euronext, effective 1 June 2010.
Mr. Vermaas will sit on the Management Committee of NYSE Euronext and will be responsible for international cash business development. The appointment is subject to the non-objection of the Euronext College of Regulators and the approval of the Netherlands Ministry of Finance. Mr. Van der Does de Willebois will continue to work for NYSE Euronext until 1 August 2010 in order to ensure the smooth transfer of responsibilities to Mr. Vermaas.
"We greatly appreciate Joost's many contributions to NYSE Euronext and are pleased that Cees has agreed to take over his responsibilities. Cees has the experience and knowledge of the Dutch and international markets that will be extremely useful in his new position. On behalf of our organisation I would like to thank Joost for the important work he has done for Amsterdam's stock exchange and NYSE Euronext, and I wish him all the best for the future," said Rijnhard van Tets, member of the Board of NYSE Euronext, and Chairman of the Supervisory Board of Euronext N.V and Euronext Amsterdam N.V.
"Joost has played a significant role in the creation and integration of NYSE Euronext, and has promoted the growth of our operations in Amsterdam. We are grateful for everything he has accomplished," said Duncan Niederauer, CEO of NYSE Euronext.
"Cees is very well acquainted with the securities and derivatives markets in Amsterdam and Europe. He has a deep understanding of customers business as well as the upcoming challenges in a competitive environment. He will continue to play a key role in building a strong franchise through innovation and service," added Dominique Cerutti, President & Deputy CEO of NYSE Euronext.
Joost van der Does de Willebois: "After more than five enervating and exciting years, I think this summer is the right moment to hand over my responsibilities to Cees, and to start thinking about the next phase of my career. A great deal has been accomplished during my time on the managing boarrd and I look back on this period with satisfaction. I am convinced that Cees will continue the work we have started, providing added value to clients, shareholders and staff."