The International Securities Exchange (ISE) today announced that Sylvain Mirochnikoff was elected by the Board of Directors for a one-year term to fill a vacancy. Mr. Mirochnikoff, who is Managing Director of the Institutional Equity Division for Morgan Stanley, will serve as an industry director representing ISE's Primary Market Makers (PMMs).
In addition, Michael Juneman, a Managing Director at Citadel Derivatives Group LLC, was re-elected as the other PMM representative on ISE's Board. Timothy Brennan, the Head of Automated Market Making at Ronin Capital, was re-elected to ISE's Board as a Competitive Market Maker (CMM) representative, and Joseph Sellito, Chief Executive Officer of Global Execution Brokers, an affiliate of Susquehanna International Group (SIG), was re-elected as representative of ISE's Electronic Access Members (EAMs). These three individuals were all re-elected to two-year terms.
The following non-industry directors were also re-elected for two-year terms: David Krell, Chairman of ISE; Andreas Preuss, Vice Chairman of ISE and Chief Executive Officer of Eurex; and Christianna Wood, Chairperson of the International Corporate Governance Network. Gary Katz, President and Chief Executive Officer of ISE, was re-elected for a one-year term as ISE's Chief Executive Officer Director.
"I would like to welcome Sylvain Mirochnikoff to ISE's Board," said Gary Katz, President and Chief Executive Officer of ISE. "Our Industry Directors provide valuable insights on behalf of ISE's three categories of members, and I am confident that Sylvain's extensive derivatives expertise will enable him to effectively serve on behalf of our PMMs."
In his current role as Managing Director of the Institutional Equity Division for Morgan Stanley, Mr. Mirochnikoff heads the Automated Market Making group as well as exotic and corporate derivatives trading. Prior to Morgan Stanley, he occupied several roles in equity derivatives trading at Credit Suisse from 1997 to 2008. Mr. Mirochnikoff has an M.S. in Engineering, Economic Systems, and Operations Research from Stanford University, and a M.S. in Applied Mathematics from ENSAE, the National School of Statistics and Economic Administration, in France.
More information on ISE's Board of directors can be found here.