Entrepreneur and trailblazing journalist will build a community for the NYSE’s network of global leaders, listed companies and entrepreneurs
Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that Betty Liu, an award-winning business journalist and entrepreneur, is joining the New York Stock Exchange as Executive Vice Chairman. Her appointment takes effect 9 July. Liu will also join the NYSE Group Board.
Liu is the Founder and CEO of Radiate, Inc. and a 10-year veteran of Bloomberg Television, where she most recently co-anchored Bloomberg’s “Daybreak Asia” and “Daybreak Australia.” In her new role at NYSE Group, Betty Liu will bring her global experience working with thought leaders, newsmakers and C-level executives to the Exchange. Working with NYSE President Stacey Cunningham and NYSE COO John Tuttle, along with the senior leadership teams of the NYSE and Intercontinental Exchange, Liu’s mission will focus on strengthening and building the NYSE leadership network, cultivating connections through live events and creating valuable opportunities for organizations to connect across the NYSE’s unmatched listed community of 2,400 leading global companies.
Liu will be joining the NYSE alongside its acquisition of Radiate, Inc., the company Liu founded in 2016 to empower emerging leaders with expert advice. ICE’s acquisition of Radiate is subject to customary approvals. When the deal is complete, Radiate’s team and content will become assets of the New York Stock Exchange and will be scaled across NYSE platforms. Radiate offers a library of more than 2,000 short-length video lessons taught by over 100 global CEOs and thought leaders. The Radiate platform, when it becomes a part of the NYSE, will add to the Exchange’s broad array of content and events. The transaction is expected to close in June and will not impact ICE’s 2018 results or capital return plans.
“Betty is a valuable addition to our leadership team, bringing her unique experience and perspective gained through her global postings and firsthand experience as a media entrepreneur,” said Stacey Cunningham, President of NYSE Group.
Stacey added, “By working directly with the leadership of emerging and leading companies, and leveraging the Radiate platform, Betty will help us offer our customers even more opportunities to tap the NYSE network to connect and share ideas on our global stage.”
“Our team is excited to welcome a distinguished leader and keen business mind of Betty Liu’s caliber to her role as Executive Vice Chairman to help us expand the NYSE’s industry leadership,” said Jeff Sprecher, Chairman and CEO of Intercontinental Exchange and Chairman of NYSE Group and the New York Stock Exchange.
Jeff added, “Betty’s combination of journalistic acumen, creative vision, international relationships, and entrepreneurial instincts will add greatly to the value we offer our customers around the world. We look forward to building on Radiate, the innovative business she founded, as part of our efforts to enrich the NYSE network and experience for our listed issuers and the broader business community.”
“I’m very excited and honored to join Stacey, John, and the outstanding teams at the NYSE and ICE. The Exchange is at the very heart of the global business – for many companies, making it onto the NYSE is the highest level of achievement,” Betty Liu said.
CEO of Radiate, Betty added, “I can’t wait to build upon a platform where C-suite leaders and entrepreneurs exchange ideas, innovate and connect. As a journalist, I reported on some of the greatest business stories of our generation. As an entrepreneur, I have a great appreciation for what it takes to start a business, build a team, and compete in the global marketplace. I look forward to leveraging both experiences to help great companies tell their stories and connect to customers and stakeholders alike.”
Liu’s years of international experience working for major news organizations include CNBC, Dow Jones, and the Financial Times. She has been stationed in Atlanta, Hong Kong, and Taiwan on assignments.