The New York Stock Exchange for the first time in its 226-year history will be led by a woman.
Stacey Cunningham, who started her career as a floor clerk on the NYSE trading floor, will become the 67th president of the Big Board.
Cunningham, who is the chief operating officer for the NYSE Group, becomes president on Friday.
Current NYSE President Thomas Farley, is leaving to head a special purpose acquisition company.
The historically male-dominated financial industry has grappled with its own issues tied to the #MeToo movement.
Last month it was announced that the “Fearless Girl” statue, which has become a global symbol of female business prowess, will be moved from her spot staring down Wall Street’s bronze “Charging Bull” to a new home facing the New York Stock Exchange.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.