Business
Montreal Exchange appoints new COO
Montreal Exchange appoints new COO.
About this update from Stampede Drilling Inc.
[{"type":"text","content":"\n\n\n\nMONTREAL, Aug. 22 /CNW Telbec/ - Montreal Exchange Inc. (MX) (TSX: MXX)\nannounced today the appointment of Mr. Stephane Bilodeau as Chief Operating\nOfficer (COO) effective December 1, 2007. He comes to the MX from the\ninternational information technology services firm, DMR Consulting, a Fujitsu\ncompany, where he has been a senior executive responsible for general\nmanagement, corporate strategy and business development.\n\n\n"We are delighted to welcome Stephane as a key member of the executive\nteam, as we pursue the development of the Canadian derivatives market and of\nMX," said Luc Bertrand, President and Chief Executive Officer of the Montreal\nExchange. "He will lead the management of MX operations drawing on his\nwell-rounded experience in the information technology business, team building\nand executive management of an international corporation."\n\n\nMr. Bilodeau will replace the current COO, Philippe Loumeau, who\npreviously announced his departure from MX, after seven years of service.\n\n\n"We are focused on ensuring a smooth leadership transition," Mr. Bertrand\nadded. "Philippe has played a core leadership role in the rapid growth and\ndevelopment of the MX since 2000. He will work closely with Stephane and our\nexecutive team to ensure continuity of management and of the excellent\nperformance of our employee team."\n\n\nAs announced July 25, Alain Miquelon assumed the strategic management\nresponsibilities of Mr. Loumeau effective August 6 and will become the MX\nChief Financial Officer, replacing Louise Laflamme, effective October 1, 2007.\nMs. Laflamme remains with the Exchange, to support the President and CEO,\nuntil her planned retirement in June 2008.\n\n\nAbout Montreal Exchange Inc.\n\n\nThe Montreal Exchange (MX) is Canada's financial derivatives exchange.\nThe MX offers trading in Canadian interest rate, index and equity derivatives.\nClearing, settlement and risk management services are provided by an AA rated\nclearing house, the Canadian Derivatives Clearing Corporation, fully owned by\nthe MX. Our integrated trading and clearing services are supported by a\nproprietary suite of exchange technologies, known as SOLA(R). The MX also has\ninterests in: the Boston Options Exchange (BOX), a U.S. automated equity\noptions market, for which MX is the tech...