ICE Vice Chairman Charles Vice to Retire in Q1 2020
- Vice will remain as an advisor to ICE until February 2022.
Intercontinental Exchange, Inc. (ICE) announced this week that its Vice Chairman, Charles Vice, a long-standing employee with the company, will be retiring from his role, ending his twenty-year tenure with the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term operator.
ICE operates exchanges and clearinghouses, most notably the New York Stock Exchange (NYSE). Furthermore, the company also provides data and listing services.
During the past two decades, Vice has seen ICE grow from a Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term to a global leader in trading, markets, and data. According to the statement released by the company, he will leave his current role at the end of the first quarter of this year.
ICE celebrates 20th anniversary
Vice’s departure coincides with the company’s 20th anniversary. Although he will be stepping down from his role as Vice Chairman, he will remain as an advisor to the exchange operator for another two years, up until February of 2022.
Commenting on the departure of Vice, Jeffrey Sprecher, Founder, Chairman and CEO of Intercontinental Exchange, said in the statement: “From ICE’s earliest days, and even before, Chuck Vice’s leadership, partnership and mentorship have helped shape our company through every stage of our evolution and growth.
“He has put an indelible imprint on our industry through innovation, technology, and the countless friendships he has forged across two decades -- which will continue long into the future.”
Vice started off with the Intercontinental Exchange when it was known as Continental Power Exchange as an executive, prior to its rebirth. During his time with the exchange operator, he has served as Chief Operating Officer of ICE, commencing in 2001, and added the title of President in 2005. He was appointed Vice Chairman of the company in 2017.
Before he was at ICE, Vice earned a Bachelor of Science degree in Mechanical Engineering from the University of Alabama. He also received an MBA from the Owen Graduate School of Management at Vanderbilt University.
Intercontinental Exchange, Inc. (ICE) announced this week that its Vice Chairman, Charles Vice, a long-standing employee with the company, will be retiring from his role, ending his twenty-year tenure with the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term operator.
ICE operates exchanges and clearinghouses, most notably the New York Stock Exchange (NYSE). Furthermore, the company also provides data and listing services.
During the past two decades, Vice has seen ICE grow from a Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term to a global leader in trading, markets, and data. According to the statement released by the company, he will leave his current role at the end of the first quarter of this year.
ICE celebrates 20th anniversary
Vice’s departure coincides with the company’s 20th anniversary. Although he will be stepping down from his role as Vice Chairman, he will remain as an advisor to the exchange operator for another two years, up until February of 2022.
Commenting on the departure of Vice, Jeffrey Sprecher, Founder, Chairman and CEO of Intercontinental Exchange, said in the statement: “From ICE’s earliest days, and even before, Chuck Vice’s leadership, partnership and mentorship have helped shape our company through every stage of our evolution and growth.
“He has put an indelible imprint on our industry through innovation, technology, and the countless friendships he has forged across two decades -- which will continue long into the future.”
Vice started off with the Intercontinental Exchange when it was known as Continental Power Exchange as an executive, prior to its rebirth. During his time with the exchange operator, he has served as Chief Operating Officer of ICE, commencing in 2001, and added the title of President in 2005. He was appointed Vice Chairman of the company in 2017.
Before he was at ICE, Vice earned a Bachelor of Science degree in Mechanical Engineering from the University of Alabama. He also received an MBA from the Owen Graduate School of Management at Vanderbilt University.