After 226 Years, New York Stock Exchange Gets First Woman President

On Friday, Stacey Cunningham, the current chief operating officer of the NYSE, will become its 67th president.

Stacey Cunningham
New York Stock Exchange (NYSE) chief operation officer Stacey Cunningham will be the organization's first female president. (JEWEL SAMAD/AFP/Getty Images)
AFP/Getty Images

Call it breaking the glass ticker. This week, a woman will become president of the New York Stock Exchange for the first time in its 226-year history, reports The Wall Street Journal. Stacey Cunningham, currently the NYSE’s chief operating officer, will be promoted to the Big Board’s 67th president on Friday. She is succeeding Thomas Farley, who had also been COO of the exchange prior to being elevated to president in 2014.

This latest personnel move means that two of the world’s best-known stock exchange operators, NYSE Group and Nasdaq Inc., will now have women in top leadership roles. Adena Friedman became chief executive of Nasdaq in January 2017.

Cunningham first arrived at the NYSE as a summer intern in 1994, when the women’s restroom was located in an old phone booth in the seventh floor.  Back then, the men enjoyed luxurious facilities—including couches and full-time bathroom attendant—just next door. The exchange’s bathrooms are now equitable for both genders.

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