Cerutti steps down at Euronext
Euronext has announced that chief executive Dominique Cerutti (right) will step down in July to become chairman and chief executive at advanced engineering group Altran.
Rijnhard Van Tets, chairman of the Euronext supervisory board, said Cerutti had successfully navigated the company through its complex separation from Intercontinental Exchange to its subsequent IPO “in an extremely short timeframe and positively repositioned the group as a leading independent exchange in Europe”.
Cerutti, who joined NYSE Euronext in 2009, said: “Whilst I am looking forward to this new challenge, I am particularly proud of all that has been achieved at Euronext in the past 18 months. This was very much thanks to the cohesion found within the exceptional management team. I am confident that Euronext will continue to create outstanding shareholder and client value as a result of the strong base which has been established. As Euronext anticipated, capital markets in Europe are at the beginning of a new cycle, and the positive trends in the sector, which will boost the company’s strategy, are continuing.”
Euronext said that Cerutti will remain to “ensure a smooth transition over the next few months”.