TMX rings the changes
August 10, 2017

TMX Group Limited has announced executive changes, including new strategic and expanded responsibilities for several members of its senior management team.

"Today marks an important milestone for TMX Group as we continue to position our organization to achieve sustainable, long-term success," said Lou Eccleston, Chief Executive Officer, TMX Group.

The following changes are effective immediately. In recognition of his strong track record for driving innovation and executing significant change initiatives in his time as President and CEO of Global Enterprise Services, Jean Desgagné will now move into the newly created position of President and CEO, TMX Global Solutions, Insights and Analytics Strategies. Desgagné will continue to report directly to Eccleston and sit on the TMX Executive Committee.

John McKenzie will now add to his current role as Chief Financial Officer (CFO) and responsibility for TMX Group's finance function, by taking on administrative oversight of TMX Group's equities, fixed income and derivatives clearing businesses.

Glenn Goucher continues in his role as the head of The Canadian Depository for Securities Limited (CDS) and the Canadian Derivatives Clearing Corporation (CDCC), reporting to the boards of the two clearing houses. McKenzie will continue to report to Eccleston and sit on the TMX Executive Committee.

Cheryl Graden's mandate will be expanded to include oversight of enterprise risk management, as Senior Vice President, Group Head of Legal and Business Affairs, Enterprise Risk Management and Government Relations. Graden will continue to report to Lou Eccleston and sit on the TMX Executive Committee.

Jay Rajarathinam, who joined TMX Group from NYSE/Intercontinental Exchange in July, 2016, as Chief Information Officer, will be promoted to the TMX Executive Committee and will now report directly to Eccleston.

In addition, Eric Sinclair, President, TMX Market Insights, has announced that he is retiring at the end of August after 14 years with the group.





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TMX Group Limited has announced executive changes, including new strategic and expanded responsibilities for several members of its senior management team.

"Today marks an important milestone for TMX Group as we continue to position our organization to achieve sustainable, long-term success," said Lou Eccleston, Chief Executive Officer, TMX Group.

The following changes are effective immediately. In recognition of his strong track record for driving innovation and executing significant change initiatives in his time as President and CEO of Global Enterprise Services, Jean Desgagné will now move into the newly created position of President and CEO, TMX Global Solutions, Insights and Analytics Strategies. Desgagné will continue to report directly to Eccleston and sit on the TMX Executive Committee.

John McKenzie will now add to his current role as Chief Financial Officer (CFO) and responsibility for TMX Group's finance function, by taking on administrative oversight of TMX Group's equities, fixed income and derivatives clearing businesses.

Glenn Goucher continues in his role as the head of The Canadian Depository for Securities Limited (CDS) and the Canadian Derivatives Clearing Corporation (CDCC), reporting to the boards of the two clearing houses. McKenzie will continue to report to Eccleston and sit on the TMX Executive Committee.

Cheryl Graden's mandate will be expanded to include oversight of enterprise risk management, as Senior Vice President, Group Head of Legal and Business Affairs, Enterprise Risk Management and Government Relations. Graden will continue to report to Lou Eccleston and sit on the TMX Executive Committee.

Jay Rajarathinam, who joined TMX Group from NYSE/Intercontinental Exchange in July, 2016, as Chief Information Officer, will be promoted to the TMX Executive Committee and will now report directly to Eccleston.

In addition, Eric Sinclair, President, TMX Market Insights, has announced that he is retiring at the end of August after 14 years with the group.



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