Nasdaq Vice Chairman Jochumsen to Retire

Nasdaq Vice Chairman Hans Ole Jochumsen, who has been focused on expanding the transatlantic exchange operator’s European operations, will retire at the end of the year, he said according to a story in Reuters News. “I‘m very excited and have been looking forward to this for a long time,” said Jochumsen, who added he made a plan more than 30 years ago to retire by age 60. Since joining the New York-based company in 2008 when it merged with Nordic exchange operator OMX, Jochumsen has helped guide strategy, taking the lead on many deals, such as the recent acquisitions of Chi-X Canada and the International Securities Exchange.  Nasdaq named Jochumsen vice chairman in October. Prior to that he had been co-president of the company, along with Adena Friedman, who took over as CEO on Jan. 1 following the retirement of Robert Greifeld. Jochumsen also oversaw the launch of NFX, Nasdaq’s U.S. commodities exchange.  The former CEO of the Copenhagen Stock Exchange said he planned to move back to Copenhagen and that he was also taking on an advisory role at a New York-based fintech firm.