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ATLANTA & NEW YORK - Intercontinental Exchange, Inc. (NYSE:ICE) announced Thursday that The Rt. Hon. the Lord Hill of Oareford CBE has been elected to its Board of Directors, effective immediately.
The appointment expands ICE’s board from 10 to 11 members. Lord Hill currently serves on the Board of Directors of ICE Endex Markets, a subsidiary of ICE, and is expected to join the Board of Directors of ICE Futures Europe, pending regulatory approval. The company has demonstrated solid operational performance, with revenue growing nearly 10% over the last twelve months.
Lord Hill brings significant political and regulatory experience to the role. He has been a member of the House of Lords Financial Services Regulation Select Committee since 2024 and served as Lead Non-Executive Director at HM Treasury from 2017 to 2024. From 2014 to 2016, he was European Commissioner for Financial Stability, Financial Services and the Capital Market, where he oversaw financial regulation across the European Union.
"Lord Hill brings tremendous depth and breadth of experience to the industries we operate in and his background in the public and private sectors offers a valuable perspective on the markets we serve," said Jeffrey C. Sprecher, Founder, Chair and CEO of Intercontinental Exchange, in a press release statement.
Prior to his EU role, Lord Hill held various positions in government, including Leader of the House of Lords and Parliamentary Under-Secretary of State for Schools. He holds a Master of Arts degree in History from Cambridge University.
Intercontinental Exchange is a Fortune 500 company that provides financial technology and data services across major asset classes, operating exchanges including the New York Stock Exchange. The company has maintained dividend payments for 13 consecutive years, with a current dividend yield of 1.11%. InvestingPro analysis reveals 7 additional key insights about ICE’s financial performance and market position, available through their comprehensive Pro Research Report, which offers deep-dive analysis of 1,400+ top US stocks.
In other recent news, Intercontinental Exchange Inc. (ICE) reported its second-quarter earnings for 2025, surpassing analyst expectations with an adjusted earnings per share of $1.81, compared to the forecast of $1.77. The company achieved its revenue forecast of $2.54 billion. Additionally, ICE announced a 13% year-over-year increase in total open interest for August 2025, reaching a record 106.1 million lots. The growth was observed across multiple segments, with significant increases in energy open interest. Brent crude and WTI contracts experienced year-over-year rises of 16% and 5%, respectively.
Meanwhile, OTC Markets Group Inc. announced that its MOON ATS and OTC Overnight trading session data are now accessible through the ICE Consolidated Feed. This integration allows for standardized, low-latency access to trading data, benefiting global financial institutions, particularly in Asian markets. These recent developments highlight significant advancements and achievements for both Intercontinental Exchange and OTC Markets Group.
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