August 12, 2014 (TORONTO) - On March 17, 2014, TMX Group Limited announced that Chief Executive Officer Thomas A. Kloet was retiring from the company effective August 31, 2014. The Company today announced that Mr. Kloet has entered into an agreement to remain in the role of CEO until October 31, 2014.
The Board of Directors is actively engaged in the search for TMX Group's next Chief Executive Officer. A further update will be provided after the process is complete.
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney. For more information about TMX Group, visit our website at http://www.tmx.com. Follow TMX Group on Twitter at https://twitter.com/tmxgroup.