Tradeweb Markets Appoints Jacques Aigrain and Rana Yared as Independent Directors
July 07 2022 - 08:02AM
Business Wire
Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator
of electronic marketplaces for rates, credit, equities and money
markets, today announced that Jacques Aigrain and Rana Yared will
join its board as independent directors, effective August 1, 2022.
Mr. Aigrain will chair the Compensation Committee and serve as a
member of the Nominating & Governance Committee. Ms. Yared will
serve as a member of the Audit Committee.
Mr. Aigrain brings more than 30 years of financial services
expertise and leadership experience to Tradeweb’s board, including
seven years as an advisor at Warburg Pincus LLC and nine years at
Swiss Re where he was CEO from 2006 to 2009. Prior to Swiss Re he
spent 20 years in global leadership roles at JP Morgan Chase &
Co. in New York, London and Paris. Mr. Aigrain currently serves as
chairman of the board of LyondellBasell NV, chairman of Singular
Bank S.A.U. and director of Clearwater Analytics. He previously
held board positions at WPP plc, London Stock Exchange Group plc,
LCH Clearnet Group Ltd, Lufthansa AG, Resolution Ltd, Swiss
International Airlines AG, and the Qatar Financial Authority. He
holds a doctorate in Economics from Université Paris-Sorbonne and a
master’s in Economics from Université Paris Dauphine – PSL.
Ms. Yared is a General Partner at Balderton Capital, a leading
venture capital investor focused on European founders with global
ambitions from seed to exit. She joined Balderton in 2020 following
14 years at Goldman Sachs, where she was a Partner in the Principal
Strategic Investments Group and later in GS Growth. Ms. Yared
currently holds board positions at The Penn Fund and Wabash
College. This appointment marks Ms. Yared’s return to Tradeweb’s
board, having previously served as a director for five years prior
to the company’s 2019 IPO. She formerly held board positions at
NAV, Vestwell, New York Shipping Exchange and SwapClear. She holds
a Bachelor of Science from the Wharton School and a Bachelor of
Arts in International Relations, both from the University of
Pennsylvania, as well as a Master of Science from the London School
of Economics.
Lee Olesky, Chairman and CEO of Tradeweb, commented: “Jacques
and Rana are excellent additions to the Tradeweb board, each with a
unique background that complements our focus on strong governance.
Jacques has wide-ranging experience in global financial services,
both as an executive and board member. Rana knows Tradeweb’s
business well, having worked with the executive management team as
a board member for five years, and she brings exceptional
experience helping companies to scale. We are thrilled to have her
back on the board.”
Billy Hult, President and CEO-Elect of Tradeweb, commented: “As
Tradeweb positions itself for the next phase of growth, the breadth
and depth of directors is important to the success of our
management team and our company. Rana is a veteran investor with a
tremendous track record in the fintech space, while Jacques brings
valuable perspectives on client management, market operations,
strategy and governance. We are excited to welcome Rana and Jacques
to the Tradeweb board.”
About Tradeweb Markets
Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator
of electronic marketplaces for rates, credit, equities and money
markets. Founded in 1996, Tradeweb provides access to markets, data
and analytics, electronic trading, straight-through-processing and
reporting for more than 40 products to clients in the
institutional, wholesale and retail markets. Advanced technologies
developed by Tradeweb enhance price discovery, order execution and
trade workflows while allowing for greater scale and helping to
reduce risks in client trading operations. Tradeweb serves
approximately 2,500 clients in more than 65 countries. On average,
Tradeweb facilitated more than $1 trillion in notional value traded
per day over the past four quarters. For more information, please
go to www.tradeweb.com.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the federal securities laws. Statements related to,
among other things, our outlook and future performance, the
industry and markets in which we operate, our expectations,
beliefs, plans, strategies, objectives, prospects and assumptions
and future events are forward-looking statements.
We have based these forward-looking statements on our current
expectations, assumptions, estimates and projections. While we
believe these expectations, assumptions, estimates and projections
are reasonable, such forward-looking statements are only
predictions and involve known and unknown risks and uncertainties,
many of which are beyond our control. These and other important
factors, including those discussed under the heading “Risk Factors”
in documents of Tradeweb Markets Inc. on file with or furnished to
the SEC, may cause our actual results, performance or achievements
to differ materially from those expressed or implied by these
forward-looking statements. Given these risks and uncertainties,
you are cautioned not to place undue reliance on such
forward-looking statements. The forward-looking statements
contained in this release are not guarantees of future performance
and our actual results of operations, financial condition or
liquidity, and the development of the industry and markets in which
we operate, may differ materially from the forward-looking
statements contained in this release. In addition, even if our
results of operations, financial condition or liquidity, and events
in the industry and markets in which we operate, are consistent
with the forward-looking statements contained in this release, they
may not be predictive of results or developments in future
periods.
Any forward-looking statement that we make in this release
speaks only as of the date of such statement. Except as required by
law, we do not undertake any obligation to update or revise, or to
publicly announce any update or revision to, any of the
forward-looking statements, whether as a result of new information,
future events or otherwise, after the date of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220707005201/en/
Media contact Daniel Noonan, Tradeweb +1 646 767 4677
Daniel.Noonan@Tradeweb.com
Investor contact Ashley Serrao, Tradeweb +1 646 430 6027
Ashley.Serrao@Tradeweb.com
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