NASDAQ Private Market Expands Senior Leadership Team
Carine Schneider to Head Equity Management Solutions
Cyndi Rodriguez Appointed Chief Legal Officer
NEW YORK and SAN FRANCISCO, Nov. 22, 2013 (GLOBE NEWSWIRE) -- NASDAQ Private
Market, LLC (NPM) announced today two new appointments to its senior
leadership team: Carine Schneider will head NPM's Equity Management Solutions
and Cyndi Rodriguez will serve as Chief Legal Officer. Both will be based in
San Francisco. NPM will be the new capital market for leading private
companies, bringing unprecedented efficiency, transparency and scale to the
"We are excited to have Cyndi and Carine join NPM as we develop this market
with Cyndi's strong regulatory background and Carine's expertise in equity
plan management," said Greg Brogger, President of NPM. Ms. Schneider and Ms.
Rodriguez will report to Mr. Brogger, and Ms. Rodriguez will also report to
Edward S. Knight, Chief Regulatory Officer and General Counsel, NASDAQ OMX.
"NASDAQ OMX has a deep history of supporting the growth and development of the
world's most innovative companies for their entire life cycle," said Bruce
Aust, Executive Vice President, Corporate Client Group, NASDAQ OMX. "NPM will
be the first of many ways by which we can partner with and provide value to
Ms. Schneider is an industry veteran with established leadership in equity
plan management. She will work directly with NPM's corporate clients to
enhance the management of their employee equity plans and capitalization table
software solutions, and integrate them into NPM's equity management solution.
Ms. Schneider was previously the CEO of EASi, a leading provider of global
stock plan tracking and reporting software; co-founder and CEO of Global
Shares, an independent provider of global stock plan administration services;
and a Partner with PricewaterhouseCoopers. She has also held senior level
management positions with Morgan Stanley, Towers Watson, and Oracle. Ms.
Schneider received her bachelor's degree from the University of California,
Ms. Rodriguez joins NPM from the U.S. Securities and Exchange Commission. She
will oversee regulatory compliance, interact with companies exploring their
capital and security transaction needs, and lead NPM's participation in policy
issues affecting the private capital market. While at the SEC, Ms. Rodriguez
held various senior positions including the Deputy Chief of Staff, Counsel to
SEC Commissioners, and Special Counsel in the Division of Trading & Markets.
She advised and helped implement various policy and rulemakings, including
those under the Jumpstart Our Business Startups Act and the Dodd-Frank Wall
Street Reform and Consumer Protection Act. Ms. Rodriguez also worked in
private practice. Ms. Rodriguez earned a J.D. from The University of Texas
School of Law and a Bachelor of Arts from The University of Texas at Austin.
About NASDAQ Private Market:
NASDAQ Private Market, LLC (NPM) will be the new capital market for leading
private companies. Through its affiliated multi-broker-dealer network and
partners, NPM will connect companies with a global community of investors, and
provide an integrated equity solution to manage everything from structured
liquidity programs to stock plan administration. Whether a company seeks to
optimize an eventual IPO or remain private permanently, NPM will provide
complete capital market support to meet its needs. For eligible investors and
shareholders, NPM will be a place to discover and engage with some of the most
exciting private companies.
Securities related services will be offered through a registered broker-dealer
and alternative trading system affiliated with NPM called NPM Securities, LLC
(NPMS). NPMS is currently undergoing the regulatory application process and is
not yet in operation. Securities offered through NPMS are not listed or traded
on The NASDAQ Stock Market LLC.
About NASDAQ OMX:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels
economies and provides transformative technologies for the entire lifecycle of
a trade-from risk management to trade to surveillance to clearing. In the U.S.
and Europe, we own and operate 26 markets including 3 clearinghouses and 5
central securities depositories supporting equities, options, fixed income,
derivatives, commodities, futures and structured products. Able to process
more than 1 million messages per second at sub-40 microsecond average speeds,
our technology drives more than 80 marketplaces in 50 developed and emerging
countries into the future, powering 1 in 10 of the world's securities
transactions. Our award-winning data products and worldwide indexes are the
benchmarks in the financial industry. Home to more than 3,300 listed companies
worth over $7 trillion in market cap whose innovations shape our world, we
give the ideas of tomorrow access to capital today. Welcome to where the world
takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn
more, visit nasdaqomx.com. Follow us on Facebook
(http://www.facebook.com/NASDAQ) and Twitter
(http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
The information contained above is provided for informational and educational
purposes only, and nothing contained herein should be construed as investment
advice, either on behalf of a particular security or an overall investment
strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes
any recommendation to buy or sell any security or any representation about the
financial condition of any company. Statements regarding NASDAQ-listed
companies are not guarantees of future performance. Actual results may differ
materially from those expressed or implied. Past performance is not indicative
of future results. Investors should undertake their own due diligence and
carefully evaluate companies before investing. ADVICE FROM A SECURITIES
PROFESSIONAL IS STRONGLY ADVISED.
- NDAQA -
CONTACT: NASDAQ Private Market Media Contact:
NASDAQ OMX Media Contact:
(646) 441 5121
(646) 441 5012
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