NYSE COO Blaugrund Departs for DriveWealth
John Blaugrund, the chief operating officer of the New York Stock Exchange (NYSE), has left the company to join DriveWealth, a digital wealth management platform.
Background of John Blaugrund
John Blaugrund has been with the NYSE since 2017, when he was appointed as the COO. Prior to that, he was the head of global markets at the International Securities Exchange (ISE). He also held various positions at the Chicago Board Options Exchange (CBOE) and the American Stock Exchange (AMEX).
DriveWealth’s Expansion Plans
DriveWealth is a digital wealth management platform that provides access to global markets. It is based in New Jersey and has offices in London, Tokyo, and Hong Kong. The company has been expanding its operations in recent years and has raised more than $100 million in funding.
John Blaugrund’s Role at DriveWealth
John Blaugrund will be joining DriveWealth as the Chief Executive Officer. He will be responsible for leading the company’s growth and expansion plans. He will also be responsible for overseeing the company’s operations and developing new products and services.
DriveWealth’s Reaction to Blaugrund’s Appointment
DriveWealth’s CEO, Robert Cortright, said that Blaugrund’s appointment is a “game-changer” for the company. He said that Blaugrund’s experience and expertise in the financial services industry will be invaluable in helping the company reach its goals.
NYSE’s Reaction to Blaugrund’s Departure
The NYSE said that it is sad to see Blaugrund leave the company, but it wishes him the best in his new role. The NYSE also said that it is confident that it will be able to find a suitable replacement for Blaugrund.
Impact of Blaugrund’s Departure
Blaugrund’s departure from the NYSE is likely to have a significant impact on the company. He was responsible for overseeing the company’s operations and developing new products and services. His departure could lead to a disruption in the company’s operations and could delay the development of new products and services.
Conclusion
John Blaugrund, the chief operating officer of the New York Stock Exchange (NYSE), has left the company to join DriveWealth, a digital wealth management platform. Blaugrund will be joining DriveWealth as the Chief Executive Officer and will be responsible for leading the company’s growth and expansion plans. His departure from the NYSE is likely to have a significant impact on the company, as he was responsible for overseeing the company’s operations and developing new products and services.