- Supports the Growth and Development of Local and Regional Economies across Texas, U.S. Southern States and Latin America
NEW YORK, New York, Sept. 26 - Nasdaq (Nasdaq: NDAQ) today announced it has implemented a regional management structure for its Global Listings franchise, designed to deepen client connectivity, enhance focus, and accelerate growth. Across the Americas, Nasdaq's Listings business will have three key divisions: East Coast region, West Coast region, and Texas, Southern U.S. and Latin America region. Nasdaq today has also appointed Texas-native and oil & gas industry veteran, Rachel Racz, as SVP, Head of Listings for Texas, Southern U.S. and Latin America.
The regional operational structure is designed to better leverage Nasdaq's enterprise-wide capabilities to the benefit of clients at a regional and local level while amplifying Nasdaq's commitment to drive even greater connectivity with and across its client base, and amplify Nasdaq's advocacy in support of its clients. The Texas, Southern U.S., and Latin America region currently supports over 480 clients, across every industry, representing a total of $1.9 trillion in market capitalization.
Rachel Racz brings over 15 years' experience across every aspect of the capital markets environment with deep expertise in the oil & gas industry. Racz is a Nasdaq alumna who previously oversaw Nasdaq's listings franchise in Texas, responsible for client relationships and driving new listings growth. Racz left Nasdaq in 2019 and has subsequently held senior leadership positions across corporates, investment firms, and industry bodies focused on business development, client engagement, and strategic investor relations.
"Nasdaq's success has always gone hand in hand with our clients' success," said Nelson Griggs, Nasdaq President, Head of Capital Access Platforms Division. "Our new regional structure will allow us to be even more closely connected to our clients which will deepen our role as their trusted partner, fueling their success as they leverage the power of markets to accelerate their growth. In Rachel we have the ideal partner to help bring this vision to life for our clients across Texas, the Southern United States and the Latin America region. A Texan born and raised, Rachel understands our clients and the unique local dynamics like no other - and she will be a powerful advocate for the interests and needs of our clients across the region."
"I am thrilled to return to Nasdaq and lead the newly established Texas, Southern United States, and Latin America regional franchise," said Rachel Racz, SVP, Head of Listings for Texas, Southern U.S. and Latin America at Nasdaq. "Throughout my career I have been passionate about the power of markets to drive economic growth, scale innovation, and help innovators, companies, and leaders achieve their greatest ambitions. As a Texas native, I have had a front row seat to the extraordinary growth of the Texas economy - as well as our neighboring states - and I am honored to help our clients across the region build on this momentum as we drive the next phase of growth."
Texas is home to more than 200 Nasdaq listed companies which equates to $1.3 trillion in market capitalization. Nasdaq is an integrated part of the Texas and regional economic fabric and a longstanding advocate for the communities that define it. Nasdaq continues to be committed to being a partner to the states in which it operates, leveraging its skills, capabilities, and expertise to help every economy grow and thrive through the power of capital, technology and markets.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as "will," "plans," "expects," "may," "believe" and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements about the Company's growth strategy, client relationships, products and services, and other statements that are not historical facts. Forward-looking statements involve a number of risks, uncertainties, or other factors beyond Nasdaq's control. These risks and uncertainties are detailed in Nasdaq's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq's investor relations website at ir.nasdaq.com and the SEC's website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
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Peter Gau
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Peter.gau@nasdaq.com
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