Stacey Cunningham Becomes NYSE President

Stacey Cunningham, NYSE’s chief operating officer, has become the Big Board’s 67th president, according to The Wall Street Journal. She started her new role last Friday, succeeding Thomas Farley, an ICE veteran who is leaving the Atlanta-based company. Mr. Farley will become head of a new special-purpose acquisition company. Ms. Cunningham first came to the NYSE in 1994 as a summer intern. Ms. Cunningham has spent her entire career in the world of stock trading. Two years after her 1994 internship, she joined the NYSE floor. She started as a floor clerk, taking down orders and running back and forth from her booth, before becoming a specialist. From 2007 to 2012, Ms. Cunningham worked at Nasdaq, joining NYSE just 10 days before ICE announced its acquisition. In less than a year, she was promoted to head of sales and relationship management, and then COO in 2015.