Nasdaq Promotes Lars Ottersgård To EVP, Market Technology - Quick Facts

(RTTNews) - Nasdaq (NDAQ) announced a series of leadership appointments across the company's Listing Services and Market Technology businesses. The leadership changes are effective immediately.

Lars Ottersgård has been promoted to Executive Vice President, Market Technology, reporting to Ms. Friedman. Ottersgård will assume full executive responsibility for the Market Technology business unit, serving the business' customers. He will also continue to lead SMARTS, Nasdaq's global market surveillance business, and BWise, the company's global risk and controls software business. Ottersgård joined Nasdaq in 2006, as Global Head of Sales for the company's commercial technology business.

Nelson Griggs has been promoted to Executive Vice President, Nasdaq Listing Services business unit, reporting to Friedman. Griggs has been with Nasdaq for 12 years, initially working with listed companies and then moving into a role focused on new listings. He has overseen North American Sales, as well as the Asia Pacific region, for Nasdaq.

Bruce Aust, Executive Vice President and Global Head of Listing Services, will transition to Vice Chairman of Nasdaq, based in San Francisco, CA. He will continue to be instrumental in the firm's Listing Services business, working to serve Nasdaq's largest listed companies and prospects worldwide. He will also focus on building and launching the Nasdaq Entrepreneurial Center in San Francisco, slated to open in 2015. Additionally, Aust will operate as a senior advisor to Friedman.

Bob McCooey, Senior Vice President, will continue his current leadership role within the Listing Services group, but will also assume a new role developing and leading a new global key account management program. He will work across the company to target top clients and develop an enhanced, high-touch sales and service model to further shepherd key client relationships.

"The appointment of these individuals is representative of the strong leadership ethos that is central to Nasdaq culture, always allowing us to manage our business for long-term success," said Adena Friedman, President, Nasdaq Capital Access, Technology & Insights.