PARIS (Reuters) - Euronext has hired Piero Novelli, a co-president at Swiss bank UBS, to become its new chairman, the pan-European stock market operat.
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Stock market operator Euronext hires UBS Novelli as new chairman Euronext has hired Piero Novelli, a co-president at Swiss bank UBS, to become its new chairman, the pan-European stock market operator said on onday.
FILE PHOTO: The Euronext logo is seen at the financial and business district of La Defense, amid the outbreak of the coronavirus disease (COVID-19), in Paris, France, November 10, 2020. REUTERS/Benoit Tessier
15 Feb 2021 02:35PM Share this content
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PARIS: Euronext has hired Piero Novelli, a co-president at Swiss bank UBS, to become its new chairman, the pan-European stock market operator said on onday.
By Reuters Staff
3 Min Read
ZURICH/PARIS (Reuters) - Piero Novelli is to leave his job as co-chief of UBS Group’s investment bank to become chairman of stock exchange operator Euronext, leaving his colleague Robert Karofsky in sole charge of the division at the Swiss bank.
FILE PHOTO: The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, January 27, 2017. REUTERS/Arnd Wiegmann
Novelli, an Italian, is a high-profile dealmaker who advised on many big cross-border corporate mergers, including Whirlpool’s purchase of Indesit, completed in 2014.
Novelli’s appointment was triggered by Euronext’s acquisition of Borsa Italiana in October.
ZURICH/PARIS (Reuters) - Piero Novelli is to leave his job as co-chief of UBS Group's investment bank to become chairman of stock exchange operator Euronext,
<p><span>Euronext today confirms that Piero Novelli has been nominated by the Supervisory Board as an independent member of the Supervisory Board, to become the next Chairman of Euronext N.V. Mr. Novelli will step down from all executive positions before becoming Chairman. The appointment of Mr. Novelli remains subject to the approval of the relevant regulatory authorities and of Euronext shareholders.</span></p>