---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-004112"
form_type: "8-K"
ticker: "MKTX"
cik: "0001278021"
company_name: "MARKETAXESS HOLDINGS INC"
filed_at: "2023-01-09T23:59:59+00:00"
generated_at: "2026-06-20T17:34:14.997608+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-004112
- form_type: 8-K
- ticker: MKTX
- cik: 0001278021
- company_name: MARKETAXESS HOLDINGS INC
- filed_at: 2023-01-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278021/000119312523004112/0001193125-23-004112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278021/000119312523004112/d408729d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-004112
- JSON: https://secwatch.observer/filing/0001193125-23-004112.json
- Plain text: https://secwatch.observer/filing/0001193125-23-004112.txt

## Key facts
- Executive change
  Christopher R. Concannon changed role as Chief Executive Officer at MARKETAXESS HOLDINGS INC.
  - Action: will be promoted to
  - Role: Chief Executive Officer
  source text: Mr. Christopher R. Concannon, currently President and Chief Operating Officer, will be promoted to Chief Executive Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278021/000119312523004112/0001193125-23-004112-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.