Reto Francioni

From MarketsWiki
Revision as of 07:56, 29 August 2017 by SarahRudolph (talk | contribs) (Text replace - "Deutsche Börse" to "Deutsche Boerse")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search


HKEX 728x90 v6.gif


Reto Francioni
Francioni big.jpg
Location Frankfurt, Germany
Website deutsche-boerse.com

Reto Francioni is the former chief executive officer of Deutsche Boerse AG, a position he took over on Nov. 1, 2005. He also served as head of the management board. He retired on May 31, 2014. His contract officially ended on Oct. 31, 2016, but he turned 60 before then, which is the age of mandatory retirement for banking executives in Germany.[1]

Francioni served as an interim chief financial officer of Deutsche Boerse AG from March 2007 to May 2007. He also served as chief executive officer of SWX Swiss Exchange during some of that time. He was reappointed as CFO in 2012.[2]

Francioni made headlines in February 2011 when it was announced that Deutsche Boerse and NYSE Euronext were in advanced talks to merge. Francioni would have become chairman of the global behemoth.[3] However, in January 2012, European antitrust examiners recommended against the deal, which would have created the world's largest exchange.[4][5]

On March 12, 2013, the board of directors of UBS announced that it would nominate Francioni for election to the Board at the Annual General Meeting of Shareholders on May 2, 2013. [6]

Background[edit]

Francioni worked for UBS in Zurich from 1981 to 1984 and for Credit Suisse in New York and Zurich from 1985 to 1988. He was also deputy chairman of the management at Association Tripartite Bourses (ATB) from 1988 to 1992 and was a member of the lead team for the entire EBS (Elektronische Börse Schweiz) project there.

Before his first move to Deutsche Boerse, Francioni was a member of management in the corporate finance division at Hofmann-La Roche from 1992 to 1993. He worked in the securities industry before going to Deutsche Borse, where he was credited with developing the German group's much praised electronic trading platform, Xetra. He has also served as a member of supervisory board of Berliner Effektengesellschaft AG since Jan. 29, 2001.

Francioni co-authored a trading textbook, Equity Markets in Action, with Robert Schwartz, a New York-based finance professor.

Education[edit]

Francioni holds a degree and subsequent doctorate in law from Zurich University.[7]

References[edit]

John Lothian News logo1.png

@JohnLothian Twitter Feed

@JohnLothian: via @NYTimes Militant Rocket Hit Base Linked to Israeli Nuclear Missile Program
via @NYTimes Militant Rocket Hit Base Linked to Israeli Nuclear Missile Program https://t.co/O2ksyGgL9w— John Lothian (@JohnLothian) December 4, 2023

View Page

@JohnLothian: via @NYTimes
via @NYTimes https://t.co/qzjdxehzgF— John Lothian (@JohnLothian) December 4, 2023

View Page

@JohnLothian: Coinbase boss promises to create more crypto jobs in Britain - The Times of London
Coinbase boss promises to create more crypto jobs in Britain - The Times of London https://t.co/Iul997rPwU— John Lothian (@JohnLothian) December 4, 2023

View Page

@JohnLothian: Cheney says GOP House majority in 2025 'presents a threat' to US - The Hill
Cheney says GOP House majority in 2025 'presents a threat' to US - The Hill https://t.co/yAqRH54rs2— John Lothian (@JohnLothian) December 4, 2023

View Page

@JohnLothian: North Dakota governor Doug Burgum drops out of 2024 presidential race - USA TODAY
North Dakota governor Doug Burgum drops out of 2024 presidential race - USA TODAY https://t.co/xfH6OfCqjY— John Lothian (@JohnLothian) December 4, 2023

View Page

@JohnLothian: Climate summit leader’s controversial comments alarm scientists and send shockwaves through meeting - CNN
Climate summit leader’s controversial comments alarm scientists and send shockwaves through meeting - CNN https://t.co/COnCBOSOs5— John Lothian (@JohnLothian) December 4, 2023

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.