NASDAQ Appoints Patrick Healy as New Board Member
New York, NY
The
Nasdaq Stock Market, Inc. ("NASDAQ®"; OTCBB: NDAQ) today
announced that Patrick J. Healy has joined the NASDAQ Board
of Directors, following his confirmation by NASDAQ's Board of
Directors on Thursday, March 4, 2004. Mr. Healy, an independent
director, also will serve on the Finance and Policy Committees
of the Board. Mr. Healy, 37, a Managing Director at Hellman
& Friedman LLC, replaces F. Warren Hellman, Chairman of
Hellman & Friedman LLC, who resigned effective February
25, 2004. Mr. Hellman, who has served on the board since 2001,
was a member of NASDAQ's Corporate Governance, Finance and Policy
Committees. There are currently 20 members on NASDAQ's Board
of Directors. The Board has determined that each of the directors,
with the exception of NASDAQ's CEO and President, are independent
of management under the independence standards applicable to
companies listed on The NASDAQ Stock Market.
H. Furlong Baldwin, Non-Executive Chairman of The NASDAQ Stock
Market Board of Directors commented, "We are very pleased that
Mr. Healy has agreed to join the NASDAQ Board. His industry
background and financial expertise complements the depth of
experience and diversified skills of our board members."
"We appreciate all of Warren's efforts and dedication to NASDAQ
during his tenure and we have valued his business acumen and
counsel," added Bob Greifeld, CEO and President of The NASDAQ
Stock Market. "We look forward to Patrick's contributions."
As a Managing Director at Hellman & Friedman, Mr. Healy's
primary areas of focus are the media, financial and professional
service industries and the Firm's European activities. In addition
to NASDAQ, he is currently a Director of ProSiebenSat.1 Media
AG and was formerly a Director of Digitas, Inc., National Information
Consortium, Inc., and Neverfail Springwater Limited. Prior to
joining the firm in 1994, Mr. Healy was employed by James D.
Wolfensohn Incorporated and Consolidated Press Holdings in Australia.
Mr. Healy graduated from Harvard College and the Harvard Business
School.
NASDAQ's current board members are:
-
H. Furlong Baldwin, Chairman of the Board of Directors, The Nasdaq Stock Market, Inc. and Retired Chairman and Chief Executive Officer, Mercantile Bankshares Corporation
-
Frank E. Baxter, Chairman Emeritus, Jefferies Group, Inc.,
-
Michael Casey, Executive Vice President, Chief Financial Officer and Chief Administrative Officer, Starbucks Corporation
-
Michael W. Clark, Global Head of Proprietary Trading, Credit Suisse First Boston (CSFB)
-
William S. Cohen, Chairman and Chief Executive Officer, The Cohen Group
-
Lon Gorman, Vice Chairman and President of Schwab Capital Markets, The Charles Schwab Corporation
-
Robert Greifeld, President and Chief Executive Officer, The Nasdaq Stock Market, Inc.
-
John P. Havens, Global Head Institutional Equity Division, Morgan Stanley
-
Patrick J. Healy, Managing Director, Hellman & Friedman LLC
-
Thomas M. Joyce, Chief Executive Officer and President, Knight Trading Group, Inc.
-
John D. Markese, President, American Association of Individual Investors
-
Thomas F. O'Neill, Principal, Sandler O'Neill & Partners L.P.
-
James S. Riepe, Vice Chairman, T. Rowe Price Group, Inc.
-
Arthur Rock, Principal, Arthur Rock & Co.
-
Arvind Sodhani, Vice President and Treasurer, Intel Corporation
-
Martin S. Sorrell, Chief Executive and Director, WPP Group
-
Thomas G. Stemberg, Chairman, Staples, Inc.
-
Thomas W. Weisel, Chairman and Chief Executive Officer, Thomas Weisel Partners
-
Mary Jo White, Partner, Debevoise & Plimpton
-
Arshad R. Zakaria, Retired Executive Vice President and President of the Global Markets and Investment Banking Group, Merrill Lynch & Co., Inc.
NASDAQ is the largest U.S. electronic stock market. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology industries. NASDAQ is the primary market for trading NASDAQ listed stocks. Approximately 54% of NASDAQ-listed shares traded are reported to NASDAQ systems. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ NewsroomSM at www.nasdaq.com/newsroom.
About
Hellman & Friedman LLC
Hellman and Friedman LLC is a San Francisco-based private equity
investment firm. Since its founding in 1984, the Firm has raised
and managed approximately $5 billion of committed capital and
invested in over 40 companies. The Firm's strategy is to invest
in superior business franchises and to be a value-added partner
to management in select industries including media, financial
services, professional services, and information services. Representative
investments include Formula One Holdings, Ltd; the NASDAQ Stock
Market, Inc. (NDAQ); Young & Rubicam, Inc.; Arch Capital
Group Limited (ACGL); Voicestream Wireless Corporation; Western
Wireless Corporation (WWCA); Eller Media Company, Inc.; Franklin
Resources, Inc. (BEN); and others. For more information on Hellman
& Friedman, visit www.hf.com.
Media Contact:
Silvia Davi
646. 441.5014