Intercontinental Trade Announces the Retirement of Main Financial Officer Scott A. Hill Pursuing 14 Several years of Distinguished Services
Warren Gardiner, Currently ICE’s Head of Trader Relations, to Thrive Hill as CFO
Intercontinental Exchange, Inc. (NYSE: ICE), a foremost operator of worldwide exchanges and clearing houses and service provider of house loan technologies, information and listings companies, announced that Chief Financial Officer Scott Hill strategies to retire on May perhaps 14, 2021, capping a 14-12 months vocation at ICE that observed the company broaden continually as a result of organic and natural development and acquisitions, delivering a compound once-a-year advancement fee in altered earnings per share of 16% for the duration of Hill’s tenure. Warren Gardiner, ICE’s Vice President of Investor Relations, will think the CFO job adhering to ICE’s 2021 Annual Conference of Shareholders on Could 14. Mr. Hill will go on to provide as an advisor to the corporation via February 2023.
“Scott joined ICE in 2007, shortly after our IPO, supplying solid and steady leadership more than the economical administration of the organization and nevertheless, from his first times at the corporation to right now, he has sent so much extra as a visionary for our growth, steward of our culture, and mentor to many who have joined us on our impressive journey,” explained Jeffrey Sprecher, Founder, Chairman and CEO of Intercontinental Trade. “I am personally grateful to Scott for his measured and smart counsel about the years and, as a firm, we have all benefitted from his wide experience and tireless services, and we’re happy that he will continue being with us to support in a sleek transition as Warren Gardiner assumes his duties as CFO.”
At ICE, Mr. Hill has led all elements of the company’s finance and accounting features, treasury, tax, audit and controls, human sources and investor relations. As the company expanded into new merchandise and geographies, Mr. Hill also played an integral position in mergers and acquisitions and, at several instances through his tenure, presented operational leadership in world-wide clearing and other spots of the business enterprise. Mr. Hill arrived at ICE from IBM, were he served for 16 yrs in accounting, monetary and technique leadership positions in the U.S., Europe and Japan. A indigenous of Texas, Mr. Hill attained a BBA in Finance from the University of Texas in Austin and an MBA from NYU’s Stern School of Business enterprise.
Considering the fact that 2017, Warren Gardiner has led ICE’s award-winning investor relations method. For the duration of his tenure at ICE, Mr. Gardiner has also performed an integral job in organization advancement, as well as economic organizing and examination. In his expanded job as CFO, Warren will direct ICE’s finance, accounting, treasury, tax and audit capabilities, as nicely as trader relations. Mr. Gardiner joined ICE from Evercore ISI, where by he served as a senior investigation analyst covering the U.S. exchanges and Monetary Data sector. Mr. Gardiner retains a B.A. in Managerial Economics from Union Faculty and is a CFA constitution holder.
“Because signing up for ICE, Warren has worked intently with Scott and his staff to additional boost both of those our monetary reporting and communications to our stakeholders,” mentioned Jeff Sprecher. “As we keep on to expand, his personal information of our industry, organization, and tradition has positioned him very well to increase his responsibilities and to assist us create on the observe document of fantastic returns for which ICE has generally been recognized.”
Mr. Gardiner’s appointment as CFO is efficient as of Could 15, 2021. Mr. Hill will actively guide with the CFO transition through the conclusion of the year and will stay an advisor as a result of February 2023.
About Intercontinental Trade
Intercontinental Trade (NYSE: ICE) is a Fortune 500 enterprise and supplier of market infrastructure, data expert services and technological innovation methods to a wide range of consumers like economic establishments, businesses and authorities entities. We operate controlled marketplaces, including the New York Inventory Exchange, for the listing, investing and clearing of a wide array of derivatives contracts and money securities throughout key asset courses. Our detailed info expert services providing supports the buying and selling, investment decision, danger management and connectivity requires of shoppers around the globe and throughout asset courses. As a foremost technologies provider for the U.S. residential mortgage field, ICE House loan Technological know-how provides the technological innovation and infrastructure to completely transform and digitize U.S. household home loans, from software and bank loan origination via to final settlement.
Emblems of ICE and/or its affiliate marketers involve Intercontinental Exchange, ICE, ICE block style and design, NYSE and New York Stock Trade. Information concerning further emblems and mental assets rights of Intercontinental Exchange, Inc. and/or its affiliate marketers is located below. Key Information Files for sure solutions included by the EU Packaged Retail and Coverage-centered Financial investment Solutions Regulation can be accessed on the appropriate exchange web site beneath the heading “Vital Information Files (Children).”
Secure Harbor Assertion below the Personal Securities Litigation Reform Act of 1995 — Statements in this push release relating to ICE’s business that are not historic info are “forward-hunting statements” that require dangers and uncertainties. For a dialogue of added risks and uncertainties, which could cause actual results to vary from all those contained in the ahead-searching statements, see ICE’s Securities and Trade Fee (SEC) filings, like, but not minimal to, the risk factors in ICE’s Yearly Report on Variety 10-K for the year finished December 31, 2020, as filed with the SEC on February 4, 2021.
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Supply: Intercontinental Trade
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Contacts
ICE Media Make contact with:
Josh King
[email protected]
212-656-2490
ICE Trader Speak to:
Warren Gardiner
[email protected]
770-835-0114