Euronext: Dutchman Knibbe takes the helm following Boujnah

A change of leadership at Euronext, the federation of European stock exchanges which includes Borsa Italiana. The holding company’s supervisory board, chaired by Piero Novelli, has decided to propose to the company’s annual general meeting – scheduled for 20 May next year – the appointment of David Knibbe as chief executive officer and chairman of the managing board of Euronext. Knibbe succeeds Stéphane Boujnah, who had decided not to stand for re-election for a further term when his current term expires next spring. Knibbe, a Dutch national (aged 55), comes from the NN Group (a Dutch financial and insurance group, spun off from ING), where he has been CEO since 2019. The new CEO, like his predecessor, will be based in Paris, where the federation of the stock exchanges of Amsterdam, Athens, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – a company incorporated under Dutch law – has its headquarters. “David Knibbe has a strong track record of creating value in another highly regulated sector,” emphasised Novelli. “His experience in successful integrations and technological transformation will be invaluable to Euronext as it continues to implement its strategy and invest in future growth.”