NEW YORK, Aug. 31, 2009 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced Demetrios N. Skalkotos has been appointed Senior Vice President of Global Corporate Services.
In his new role, Mr. Skalkotos will be responsible for all new product development, operations, customer relations and business development for the Global Corporate Services business. He will be based in New York and report to Bruce Aust, Executive Vice President, Global Corporate Client Group.
Global Corporate Services (GCS) is one of the fastest growing areas of NASDAQ OMX's business, with revenues from investor relations, surveillance, and board member services increasing by 25 percent from second quarter 2008 to second quarter 2009. Through GCS, companies gain access to products and services that intend to facilitate transparency, mitigate risk, maximize board efficiency and inspire better investor relations.
Since 2003, Mr. Skalkotos has held the position of Regional Vice President, Central U.S., based in NASDAQ OMX's Chicago office. He has played a significant role in listed company client relationship management and new business development in this region. He also was instrumental in the launch of the NASDAQ Global Select Market tier in 2006.
"Demo has demonstrated leadership and outstanding client relationship management throughout his 11-year tenure at NASDAQ OMX. Under Demo's direction, we look forward to continued growth and innovation in developing specialized services tailored to the needs of public companies," said Mr. Aust.
About the NASDAQ OMX Group
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with over 3,700 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to, factors detailed in NASDAQ OMX's annual report on Form 10-K and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
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