---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-227721"
form_type: "8-K"
ticker: "NDAQ"
cik: "0001120193"
company_name: "NASDAQ, INC."
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:21:25.346588+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nasdaq appoints Sarah Youngwood as CFO, succeeding Ann Dennison

## Summary
- Sarah Youngwood appointed EVP & CFO effective Dec 1, 2023; Ann Dennison leaves after 8 years, stays as advisor through Dec 31.
- Youngwood's compensation: $700k base salary, 200% target bonus, $10M one-time equity award (50% RSUs, 50% PSUs), $500k signing bonus.
- Dennison receives severance: 18 months base salary plus 2023 target bonus of $975k, continued equity vesting, and one-year non-compete.
- Youngwood previously served as UBS Group CFO and JPMorgan Chase executive, involved in Credit Suisse acquisition and tech transformation.
- Board approved compensation; no family relationships or transactions with the company requiring disclosure.

## SEC filing metadata
- accession: 0001193125-23-227721
- form_type: 8-K
- ticker: NDAQ
- cik: 0001120193
- company_name: NASDAQ, INC.
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120193/000119312523227721/0001193125-23-227721-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120193/000119312523227721/d549304d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-227721
- JSON: https://secwatch.observer/filing/0001193125-23-227721.json
- Plain text: https://secwatch.observer/filing/0001193125-23-227721.txt

## Key facts
- Executive change
  Sarah Youngwood was appointed as Executive Vice President and Chief Financial Officer at NASDAQ, INC..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On August 29, 2023, Nasdaq, Inc. (the “Company”) announced the appointment of Ms. Sarah Youngwood as Executive Vice President and Chief Financial Officer, effective as of December 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120193/000119312523227721/0001193125-23-227721-index.htm

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