MarketAxess promotes Chris Concannon to CEO; McVey becomes Executive Chairman effective April 3, 2023

MARKETAXESS HOLDINGS INC

Effective April 3, 2023, Chris Concannon (previously President/COO) becomes CEO; Richard McVey becomes Executive Chairman.
Concannon's new CEO employment agreement provides $650K base salary, annual cash bonus, and equity (RSU $1.05M, PSU $2.45M).
McVey's Executive Chairman agreement provides $650K base salary, annual cash bonus, and 24-month severance upon certain terminations.
Concannon has over 20 years of electronic markets experience, including as CEO of Bats and COO of Cboe.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Christopher R. Concannon

Chief Executive Officer

MKTX · MARKETAXESS HOLDINGS INC

Effective: 2023-04-03
Filed: January 9, 2023, 6:59 PM ET

Mr. Christopher R. Concannon, currently President and Chief Operating Officer, will be promoted to Chief Executive Officer of the Company

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher R. Concannon changed role as Chief Executive Officer at MARKETAXESS HOLDINGS INC.

Action: will be promoted to
Role: Chief Executive Officer

Exact text from the filing

Mr. Christopher R. Concannon, currently President and Chief Operating Officer, will be promoted to Chief Executive Officer of the Company

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MARKETAXESS HOLDINGS INC filing history →

Source: SEC EDGAR

accession 0001193125-23-004112

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