Difference between revisions of "Andreas Preuss"

From MarketsWiki
Jump to navigation Jump to search
m
 
(32 intermediate revisions by 4 users not shown)
Line 1: Line 1:
{{Eurex_adbox|R}}
{{Random_adbox}}
{| class="wikitable"
{| class="wikitable"
|- style="vertical-align:top;"
|- style="vertical-align:top;"
Line 5: Line 5:
__NOTOC__
__NOTOC__
{{Infobox Person
{{Infobox Person
|employer =  Eurex
|employer =  Deutsche Boerse
|job      =  CEO
|job      =  Head of IT & Operations, Data & New Asset Classes
|loc      =  Hamburg, Germany
|loc      =  Hamburg, Germany
|name    =  Andreas Preuss  
|name    =  Andreas Preuss  
|pic      =  Preuss.jpg
|pic      =  Preuss.jpg
|url      =  [http://www.eurexchange.com www.eurexchange.com]
|url      =  [http://www.deutsche-boerse.com www.deutsche-boerse.com]
}}
}}


Andreas Preuss is chief executive officer of the [[Eurex]] group of companies, the [[derivatives]] [[platform]] jointly owned by [[Deutsche Börse]] and the [[SIX Swiss Exchange]]. He rejoined the company on Apr. 19, 2006, and was appointed chairman of the board of [[Eurex Clearing]] later that month.<ref>{{cite web|name=Andreas Preuss New CEO of Eurex Companies, 4/27/06|url=http://www.eurexchange.com/about/press/press_466_en.html|org=Eurex|date=December 31, 2007}}</ref><ref>{{cite web|url=http://www.rblt.com/2009Conference/speaker_bios.aspx|name=Global Exchange CEO & Investor Conference |org=Rosenblatt Securities|date=October 7, 2009}}</ref>  
Andreas Preuss is a retired exchange, technology and proprietary trading executive who most recently served as deputy chief executive officer, [[Deutsche Boerse]] AG and head of the division of IT & Operations, Data & New Asset Classes at [[Deutsche Boerse]].<ref>{{cite web|url=http://deutsche-boerse.com/dbg-en/about-us/deutsche-boerse-group/company-structure|name=Deutsche Borse Group Company Structure|org=Deutsche Borse|date=August 10, 2016}}</ref><ref>{{cite web|url=http://deutsche-boerse.com/dbg-en/investor-relations/corporate-governance/executive-board/cv-preuss|name=Andreas Preuss|org=Deutsche Borse|date=August 22, 2017}}</ref>


He was elected chairman of the [[World Federation of Exchanges]] by the WFE's General Assembly in October 2012, at its annual meeting in Taipei. He will lead the association for the next two years. He had previously served on the WFE's board of directors.<ref>{{cite web|url=http://deutsche-boerse.com/dbg/dispatch/en/notescontent/dbg_nav/home/INTEGRATE/mr_pressreleases?notesDoc=332D01C613B488F2C1257A98004D6BFE&newstitle=worldfederationofexchangeselec&location=home|name=World Federation of Exchanges elects Andreas Preuss as new Chairman|org=Deutsche Borse Group|date=October 17, 2012}}</ref> <ref>{{cite web|url=http://world-exchanges.org/files/statistics/excel/WFE2010AR%20final.pdf|name=2010 Annual Report & Statistics|org=World Federation of Exchanges|date=July 25, 2011}}</ref><ref>{{cite web|url=http://world-exchanges.org/about-wfe/board-directors|name=Board of Directors|org=World Federation of Exchanges|date=July 25, 2011}}</ref>
He had been a member of the executive board of Deutsche Boerse from 2006 to 2018.<ref>{{cite web|url=http://deutsche-boerse.com/dbg/dispatch/en/notescontent/dbg_nav/home/INTEGRATE/mr_pressreleases?notesDoc=8701BED89B218194C1257EFA0036AD3D&newstitle=realignmentofexecutiveboardres&location=home|name=Deutsche Borse Group Realignment of Executive Board responsibilities|org=Deutsche Boerse AG|date=November 12, 2015}}</ref>  


He was elected chairman of the [[World Federation of Exchanges]] by the WFE's General Assembly in October 2012, at its annual meeting in Taipei, for a two-year term. He had previously served on the WFE's board of directors.<ref>{{cite web|url=http://deutsche-boerse.com/dbg/dispatch/en/notescontent/dbg_nav/home/INTEGRATE/mr_pressreleases?notesDoc=332D01C613B488F2C1257A98004D6BFE&newstitle=worldfederationofexchangeselec&location=home|name=World Federation of Exchanges elects Andreas Preuss as new Chairman|org=Deutsche Borse Group|date=October 17, 2012}}</ref> <ref>{{cite web|url=http://world-exchanges.org/files/statistics/excel/WFE2010AR%20final.pdf|name=2010 Annual Report & Statistics|org=World Federation of Exchanges|date=July 25, 2011}}</ref><ref>{{cite web|url=http://world-exchanges.org/about-wfe/board-directors|name=Board of Directors|org=World Federation of Exchanges|date=July 25, 2011}}</ref>
On December 5, 2018, Preuss received a Lifetime Achievement Award at the FOW International Awards Gala Dinner in London.<ref>{{cite web|url=https://fow.com/articles/3691418/fow-international-award-winners-unveiled|name=FOW International Award Winners Unveiled|org=FOW|date=December 5, 2018}}</ref>


== Background ==
== Background ==
Preuss replaced [[Rudolf Ferscha]] as head of [[Eurex]], returning to the group where he worked in a number of positions from 1990-2000.
 
Preuss joined [[Andersen Consulting]] as a senior consultant in the financial services group in 1988, moving on to the then-newly-founded [[DTB]] [[DTB|Deutsche Terminbörse]] in 1990, as head of client services. With the [[merger]] of DTB into Deutsche Boerse AG in 1994, he was appointed head of business development. He was a member of the executive board of Eurex AG from 1997, and from 1999-2000 was also a member of the management committee of the [[Chicago Board of Trade]] BOT/Eurex Alliance (later renamed [[A/C/E]]).
 
Preuss participated in the building of [[DTB]] and Eurex. He was instrumental in implementing the "so-called remote membership concept," which allowed Eurex to grow dynamically.<ref>{{cite web|url=http://www.wallstreetandtech.com/careers/a-conversation-with-trading-technologies-andreas-preuss/d/d-id/1254559?|name=A Conversation With Trading Technologies' Andreas Preuss|org=Wall Street Tech|date=August 29, 2017}}</ref>
 
He joined [[Trading Technologies]] as European president and member of the executive board in 2000, and was appointed global president of the firm the following year.<ref>{{cite web|name=Andreas Preuss Bio 2003|url=http://burgenstock.sfoa.org/2003_admin/Preuss.htm |org=SFOA|date=December 31, 2007}}</ref> He left voluntarily after a restructuring saw two rounds of layoffs at Trading Technologies.<ref>{{cite web|url=http://www.chicagobusiness.com/article/20010817/NEWS01/20003118/trading-technologies-cuts-37|name=Trading Technologies cuts 37|org=Crain's Chicago Business|date=August 29, 2017}}</ref><ref>{{cite web|url=http://www.pionline.com/article/20000927/ONLINE/9270708/trading-technologies-has-created-a-separate-business-unit-focusing-on|name=Trading Technologies has created a separate business unit focusing on...|org=Pensions&Investments|date=August 29, 2017}}</ref>


He rejoined [[Eurex]] from his role as chief operating officer and a member of the board of [[Mako Group]], a London-based group of companies involved in [[market making]] and [[proprietary trading]] in key [[derivatives]] markets around the world, where he worked from 2002-2006.
He rejoined [[Eurex]] from his role as chief operating officer and a member of the board of [[Mako Group]], a London-based group of companies involved in [[market making]] and [[proprietary trading]] in key [[derivatives]] markets around the world, where he worked from 2002-2006.


Earlier in his career, his professional training brought him to the export business with various international trading firms, as well as a [[commercial banking]] trainee program with [[Dresdner Bank]] AG in Cologne.  
He served as chief executive officer of [[Eurex]] from 2006, but stepped down from that role in 2015.<ref>{{cite web|url=http://www.fow.com/3505453/Preuss-to-step-down-as-Eurex-chief-executive.html?ArticleID=3505453|name=Preuss to step down as Eurex chief executive|org=FOW|date=November 12, 2015}}</ref>
 
Preuss replaced [[Rudolf Ferscha]] as head of [[Eurex]], returning to the group where he worked in a number of positions from 1990-2000.<ref>{{cite web|url=https://www.finextra.com/news/fullstory.aspx?newsitemid=15124|name=Deutsche Börse appoints Andreas Preuss CEO of Eurex|org=Finextra|date=August 29, 2017}}</ref><ref>{{cite web|url=https://www.fnlondon.com/articles/preuss-lays-out-plans-for-eurex-20060907|name=Preuss lays out plans for Eurex|org=Financial News|date=August 29, 2017}}</ref>
 
During his tenure as Eurex CEO, the exchange acquired U.S. options exchange [[International Securities Exchange]] as a wholly-owned subsidiary.<ref>{{cite web|url=https://www.theocc.com/about/newsroom/releases/2008/03_12.jsp|name=Eurex, ISE, and OCC Announce Transatlantic Options Trading and Clearing Link|org=The OCC|date=August 29,2017}}</ref><ref>{{cite web|url=https://www.cnbc.com/id/18394013|name=Deutsche Boerse Agrees to Acquire ISE Market for $2.8 Billion|org=CNBC|date=August 29, 2017}}</ref><ref>{{cite web|url=http://www.reuters.com/article/us-ise-deutscheboerse-idUSN3038667820070430|name=Deutsche Boerse to buy ISE for $2.8 billion|org=Reuters|date=August 29, 2017}}</ref>


Preuss joined [[Andersen Consulting]] as a senior consultant in the financial services group in 1988, moving on to the then newly-founded [[DTB]] [[DTB|Deutsche Terminbörse]] in 1990, as head of client services. With the [[merger]] of DTB into Deutsche Börse AG in 1994, he was appointed head of business development. He was a member of the executive board of Eurex AG from 1997, and from 1999-2000 was also a member of the management committee of the [[Chicago Board of Trade]] BOT/Eurex Alliance (later renamed [[A/C/E]]).  
During a proposed deal for [[Deutsche Boerse]] to merge with [[NYSE Euronext]], it was announced Preuss would assume the role of Deputy CEO and President of the new entity.<ref>{{cite web|url=http://deutsche-boerse.com/INTERNET/MR/mr_presse.nsf/0/db98f2f5ef170d67c12578380050d38a?OpenDocument&lang=en&newstitle=deutscheboerseagandnyseeuronex&location=mda&Click=|name=Deutsche Börse AG And NYSE Euronext Agree To Combine To Create The Premier Global Exchange Group |org=Deutsche Boerse|date=August 29, 2017}}</ref><ref>{{cite web|url=http://www.crainsnewyork.com/article/20110619/FREE/306199975|name=Stock exchanges' $10B merger takes shape|org=Crain's New York Business|date=August 29, 2017}}</ref>


He joined [[Trading Technologies]] as European president and member of the executive board in 2000, and was appointed global president of the firm the following year.<ref>{{cite web|name=Andreas Preuss Bio 2003|url=http://burgenstock.sfoa.org/2003_admin/Preuss.htm |org=SFOA|date=December 31, 2007}}</ref>
Earlier in his career, his professional training brought him to the export business with various international trading firms, as well as a [[commercial banking]] trainee program with [[Dresdner Bank]] AG in Cologne.  


At its meeting on June 16, 2008, the supervisory board of [[Deutsche Börse]] AG appointed Preuss deputy CEO of the executive board and also extended his board membership contract by five years starting Apr. 1, 2009.<ref>{{cite web|name=Press Release|url=http://www.pressebox.com/pressemeldungen/gruppe-deutsche-boerse-ag/boxid-183569.html|org=SFOA|date=June 18, 2008}}</ref>
At its meeting on June 16, 2008, the supervisory board of [[Deutsche Boerse]] AG appointed Preuss deputy CEO of the executive board and also extended his board membership contract by five years starting Apr. 1, 2009.<ref>{{cite web|name=Press Release|url=http://www.pressebox.com/pressemeldungen/gruppe-deutsche-boerse-ag/boxid-183569.html|org=SFOA|date=June 18, 2008}}</ref>


Full Biography:
Full Biography:
Line 39: Line 51:
|-   
|-   
|'''Since June 2007'''
|'''Since June 2007'''
|Chief Executive Officer, Deutsche Börse Dienstleistungs AG
|Chief Executive Officer, Deutsche Boerse Dienstleistungs AG
|-
|-
|'''Since June 2006'''
|'''Since June 2006'''
Line 45: Line 57:
|-   
|-   
|'''Since April 2006'''
|'''Since April 2006'''
|Member of the Executive Board, Deutsche Börse AG responsible for Derivatives & Market Data Division; Chief Executive Officer, Eurex Clearing AG; Chief Executive Officer, Eurex Frankfurt AG; Chief Executive Officer, Eurex Zürich AG
|Member of the Executive Board, Deutsche Boerse AG responsible for Derivatives & Market Data Division; Chief Executive Officer, Eurex Clearing AG; Chief Executive Officer, Eurex Frankfurt AG; Chief Executive Officer, Eurex Zürich AG
|-   
|-   
|'''2002-2006'''
|'''2002-2006'''
Line 60: Line 72:
|-   
|-   
|'''1994-1998'''
|'''1994-1998'''
|Deutsche Börse AG - Head of Distribution and Service, Benchmark Products Division, Head of Business Development, Marketing, Sales and Product Development, Benchmark Products Division, Member of Deutsche Börse AG Group Management
|Deutsche Boerse AG - Head of Distribution and Service, Benchmark Products Division, Head of Business Development, Marketing, Sales and Product Development, Benchmark Products Division, Member of Deutsche Boerse AG Group Management
|-   
|-   
|'''1990-1994'''
|'''1990-1994'''
Line 77: Line 89:
|'''1977-1978'''
|'''1977-1978'''
|Coutinho, Caro & Co., Hamburg, Export clerk for machinery after-sales-services for markets Thailand, Pakistan and Bangladesh
|Coutinho, Caro & Co., Hamburg, Export clerk for machinery after-sales-services for markets Thailand, Pakistan and Bangladesh
|}  
|}


== Board Memberships ==
== Board Memberships ==
*[[Deutsche Börse Systems]] AG, Member of the Supervisory Board
*[[Deutsche Boerse Systems]] AG, Member of the Supervisory Board
*[[Swiss Futures and Options Association]] (SFOA), Geneva, Member of the Board of Directors
*[[Swiss Futures and Options Association]] (SFOA), Geneva, Member of the Board of Directors
*[[U.S. Futures Exchange]], L.L.C., Member of the Board of Directors  
*[[U.S. Futures Exchange]], L.L.C., Member of the Board of Directors  
Line 98: Line 110:
[[Category:World Federation of Exchanges Board Member]]
[[Category:World Federation of Exchanges Board Member]]
[[Category:MarketsWiki Page of the Day]]
[[Category:MarketsWiki Page of the Day]]
[[Category:Trading Technologies -Former Employees]]
[[Category:Trading Technologies - Former Employees]]
[[Category:Trading Technologies]]
[[Category:Eurex - Former Employees]]
[[Category:Eurex]]
[[Category:Deutsche Boerse - Former Employees]]
[[Category:Eurex Senior Management]]

Latest revision as of 16:13, 25 December 2020


RCGLogo-400px.jpg
Become a sponsor »
RCGLogo-400px.jpg


Andreas Preuss
Preuss.jpg
Occupation Head of IT & Operations, Data & New Asset Classes
Employer Deutsche Boerse
Location Hamburg, Germany
Website www.deutsche-boerse.com

Andreas Preuss is a retired exchange, technology and proprietary trading executive who most recently served as deputy chief executive officer, Deutsche Boerse AG and head of the division of IT & Operations, Data & New Asset Classes at Deutsche Boerse.[1][2]

He had been a member of the executive board of Deutsche Boerse from 2006 to 2018.[3]

He was elected chairman of the World Federation of Exchanges by the WFE's General Assembly in October 2012, at its annual meeting in Taipei, for a two-year term. He had previously served on the WFE's board of directors.[4] [5][6]

On December 5, 2018, Preuss received a Lifetime Achievement Award at the FOW International Awards Gala Dinner in London.[7]

Background[edit]

Preuss joined Andersen Consulting as a senior consultant in the financial services group in 1988, moving on to the then-newly-founded DTB Deutsche Terminbörse in 1990, as head of client services. With the merger of DTB into Deutsche Boerse AG in 1994, he was appointed head of business development. He was a member of the executive board of Eurex AG from 1997, and from 1999-2000 was also a member of the management committee of the Chicago Board of Trade BOT/Eurex Alliance (later renamed A/C/E).

Preuss participated in the building of DTB and Eurex. He was instrumental in implementing the "so-called remote membership concept," which allowed Eurex to grow dynamically.[8]

He joined Trading Technologies as European president and member of the executive board in 2000, and was appointed global president of the firm the following year.[9] He left voluntarily after a restructuring saw two rounds of layoffs at Trading Technologies.[10][11]

He rejoined Eurex from his role as chief operating officer and a member of the board of Mako Group, a London-based group of companies involved in market making and proprietary trading in key derivatives markets around the world, where he worked from 2002-2006.

He served as chief executive officer of Eurex from 2006, but stepped down from that role in 2015.[12]

Preuss replaced Rudolf Ferscha as head of Eurex, returning to the group where he worked in a number of positions from 1990-2000.[13][14]

During his tenure as Eurex CEO, the exchange acquired U.S. options exchange International Securities Exchange as a wholly-owned subsidiary.[15][16][17]

During a proposed deal for Deutsche Boerse to merge with NYSE Euronext, it was announced Preuss would assume the role of Deputy CEO and President of the new entity.[18][19]

Earlier in his career, his professional training brought him to the export business with various international trading firms, as well as a commercial banking trainee program with Dresdner Bank AG in Cologne.

At its meeting on June 16, 2008, the supervisory board of Deutsche Boerse AG appointed Preuss deputy CEO of the executive board and also extended his board membership contract by five years starting Apr. 1, 2009.[20]

Full Biography:

Since October 2007 Member of the Management Board, Eurex Services GmbH
Since June 2007 Chief Executive Officer, Deutsche Boerse Dienstleistungs AG
Since June 2006 Member of the Management Board, Eurex Deutschland
Since April 2006 Member of the Executive Board, Deutsche Boerse AG responsible for Derivatives & Market Data Division; Chief Executive Officer, Eurex Clearing AG; Chief Executive Officer, Eurex Frankfurt AG; Chief Executive Officer, Eurex Zürich AG
2002-2006 Mako Group, London, Chief Operating Officer, Member of the Board and Partner
2000-2001 Trading Technologies International, President
1999-2000 Alliance CBOT/Eurex (a/c/e), Member of the Joint Venture Management Committee
1998-2000 Eurex Frankfurt AG, Eurex Zürich AG, Eurex Clearing AG - Member of the Executive Board, responsible for Business Development, Marketing, Sales and Communication
1994-1998 Deutsche Boerse AG - Head of Distribution and Service, Benchmark Products Division, Head of Business Development, Marketing, Sales and Product Development, Benchmark Products Division, Member of Deutsche Boerse AG Group Management
1990-1994 DTB Deutsche Terminbörse - Member of “New Products” Department

(As of 08/92 Director of Customer Service Department)

1989-1990 Andersen Consulting, Frankfurt - Senior Consultant, 2/89 to 06/90 participation in design and implementation of the electronic exchange DTB Deutsche Terminbörse
1986-1988 Dresdner Bank AG, Cologne - Trainee program in Commercial Banking and subsequently Lending Officer, Institutional Business
1981-1982 Th. Goldschmidt S.A., Martorelles, Barcelona, Spain, Export clerk for synthetic resin films
1977-1978 Coutinho, Caro & Co., Hamburg, Export clerk for machinery after-sales-services for markets Thailand, Pakistan and Bangladesh

Board Memberships[edit]

Education[edit]

  • 1982-1986 - University of Hamburg, Graduate Degree in Economics, specializing in International Management, Banking and Commercial Law
  • 1979-1981 - Undergraduate Degree in Economics
  • 1978-1979 - Universidad Central, Barcelona, Studies of Spanish Language and Literature

References[edit]

  1. ↑ Deutsche Borse Group Company Structure. Deutsche Borse.
  2. ↑ Andreas Preuss. Deutsche Borse.
  3. ↑ Deutsche Borse Group Realignment of Executive Board responsibilities. Deutsche Boerse AG.
  4. ↑ World Federation of Exchanges elects Andreas Preuss as new Chairman. Deutsche Borse Group.
  5. ↑ 2010 Annual Report & Statistics. World Federation of Exchanges.
  6. ↑ Board of Directors. World Federation of Exchanges.
  7. ↑ FOW International Award Winners Unveiled. FOW.
  8. ↑ A Conversation With Trading Technologies' Andreas Preuss. Wall Street Tech.
  9. ↑ Andreas Preuss Bio 2003. SFOA.
  10. ↑ Trading Technologies cuts 37. Crain's Chicago Business.
  11. ↑ Trading Technologies has created a separate business unit focusing on.... Pensions&Investments.
  12. ↑ Preuss to step down as Eurex chief executive. FOW.
  13. ↑ Deutsche Börse appoints Andreas Preuss CEO of Eurex. Finextra.
  14. ↑ Preuss lays out plans for Eurex. Financial News.
  15. ↑ Eurex, ISE, and OCC Announce Transatlantic Options Trading and Clearing Link. The OCC.
  16. ↑ Deutsche Boerse Agrees to Acquire ISE Market for $2.8 Billion. CNBC.
  17. ↑ Deutsche Boerse to buy ISE for $2.8 billion. Reuters.
  18. ↑ Deutsche Börse AG And NYSE Euronext Agree To Combine To Create The Premier Global Exchange Group. Deutsche Boerse.
  19. ↑ Stock exchanges' $10B merger takes shape. Crain's New York Business.
  20. ↑ Press Release. SFOA.
John Lothian News logo1.png

@JohnLothian Twitter Feed

@JohnLothian: Chicago now in high-risk COVID category via @crainschicago
Chicago now in high-risk COVID category https://t.co/F9zPPU0yis via @crainschicago— John Lothian (@JohnLothian) May 27, 2022

View Page

@JohnLothian: Patient group calls for recurring COVID-19 boosters to cut through vaccine apathy - USA TODAY
Patient group calls for recurring COVID-19 boosters to cut through vaccine apathy - USA TODAY https://t.co/jgZmGlxMqF— John Lothian (@JohnLothian) May 27, 2022

View Page

@JohnLothian: SEC Greenwashing Plan Gives Funds Chills Over Emission Reporting - Bloomberg Law
SEC Greenwashing Plan Gives Funds Chills Over Emission Reporting - Bloomberg Law https://t.co/1jojv8QhBH— John Lothian (@JohnLothian) May 27, 2022

View Page

@JohnLothian: EU Leans Toward Delaying a Pipeline Ban to Clinch Oil Deal - Bloomberg
EU Leans Toward Delaying a Pipeline Ban to Clinch Oil Deal - Bloomberg https://t.co/H3i4KuHCiE— John Lothian (@JohnLothian) May 27, 2022

View Page

@JohnLothian: Big blockchain advocates in Hong Kong, like Animoca Brands, continue to see a crypto future despite market downturn - South China Morning Post
Big blockchain advocates in Hong Kong, like Animoca Brands, continue to see a crypto future despite market downturn - South China Morning Post https://t.co/BUkJ6VNkZz— John Lothian (@JohnLothia...

View Page

@JohnLothian: China cryptocurrency regulations prompt popular NFT-based ‘move-to-earn’ game Stepn to block mainland users - South China Morning Post
China cryptocurrency regulations prompt popular NFT-based ‘move-to-earn’ game Stepn to block mainland users - South China Morning Post https://t.co/yYycT5TMNq— John Lothian (@JohnLothian) May 2...

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.
FREE 90 day trial
Retrieved from "http://www.marketswiki.com/wiki/index.php?title=Andreas_Preuss&oldid=223183"