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NYSE Listings Chief Scott Cutler Departing in Latest Shuffle

Scott Cutler is departing as the head of listings at the New York Stock Exchange, stepping down from a position where he won the biggest initial public offering in history.

Cutler will be replaced by Garvis Toler III, an executive from Dealogic, Intercontinental Exchange Inc., which acquired NYSE Group Inc. in 2013, said in a statement today. Toler will become global head of capital markets.