Nasdaq Gets a COO

Securities exchange operator Nasdaq Inc.’s Co-President Adena Freidman is being named the chief operating officer (COO) on the Nasdaq. She will become Nasdaq’s first COO, while also continuing to serve as the co-president.

Friedman joined Nasdaq in 1993 and was there for 18 years before leaving in 2011 to join asset manager the Carlyle Group, to be their chief financial officer. She returned to Nasdaq in 2014 with the agreement that she would succeed CEO Robert Greifeld, perhaps as early as 2015. Greifeld’s contract is not supposed to end until 2017, however.