Nasdaq announces election of all nominated directors to US exchange boards

NEW YORK - Nasdaq, Inc. (NASDAQ:NDAQ), the $51 billion market cap exchange operator, announced Tuesday the election of all nominated directors to the boards of the six U.S. exchanges it operates. According to InvestingPro data, the company’s stock has delivered an impressive 52% return over the past year and is currently trading near its 52-week high.

The elected directors will serve on the boards of The Nasdaq Stock Market LLC, Nasdaq PHLX LLC, Nasdaq BX, Inc., Nasdaq ISE, LLC, Nasdaq MRX, LLC, and Nasdaq GEMX, LLC.

The board members include executives from various financial and technology sectors. Among those elected are Kathlyn Card Beckles, Chief Legal Officer at Verisk Analytics; Michael J. Curran, Retired Chairman and CEO of Boston Stock Exchange; and Anne Marie Darling, Group Co-Chief Operating Officer at Barclays.

Other elected directors include Kevin Kennedy, EVP of North American Markets at Nasdaq; Thomas A. Kloet, Retired CEO of TMX Group Limited; and Anita Lynch, Former Chief Data Officer at New Relic.

Rounding out the board are David Rosato, CFO of Eastern Bancshares; Andrew J. Schultz from The Susquehanna International Group; Elizabeth Wideman, SVP at Comcast Corporation; and Thomas A. Wittman, Retired EVP of Nasdaq.

Nasdaq describes itself as a global technology company serving various financial institutions and market participants. The company provides data, analytics, software, and exchange capabilities to its clients.

The announcement was made in a company press release statement.

In other recent news, Nasdaq has reported a slight increase in short interest across its Global Market and Capital Market securities as of April 15, 2025. The total number of shares shorted rose to 15,820,987,725, up from 15,754,954,383 in the previous period. Meanwhile, Nasdaq shareholders have elected all 12 nominated directors to the board, including the re-election of Adena T. Friedman as Chair. Additionally, Goldman Sachs has reiterated its Buy rating on Nasdaq, maintaining a price target of $85.00, based on the company’s growth outlook and strategic initiatives.

Nasdaq has also introduced Tape D, a real-time private company dataset, in collaboration with Nasdaq Private Market, aimed at enhancing transparency for private, pre-IPO companies. This initiative is expected to benefit investors by providing comprehensive data for better evaluation of private holdings. Furthermore, trading for Damon Inc. on Nasdaq is set to resume after a suspension that began in late April, although the reasons for the halt remain undisclosed. These developments highlight Nasdaq’s ongoing efforts to enhance market operations and transparency.

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