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Rating:Thain Brings Over NYSE Exec to Head Merrill Communications Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, December 11, 2007

Thain Brings Over NYSE Exec to Head Merrill Communications

News summary by MFWire's editors

Margaret D. Tutwiler, executive vice president, global communications and government relations at the NYSE Euronext is planning to join John Thain at Merrill. Tutwiler will resign from the NYSE effective December 14. She will join Merrill as head of global communications and public affairs.


Margaret D. Tutwiler, Executive Vice President, Global Communications and Government Relations, NYSE Euronext (NYX ), will resign from the company, effective Friday, Dec. 14, 2007, having informed Chief Executive Officer Duncan L. Niederauer of her plans to join Merrill Lynch as head of Global Communications and Public Affairs. Ms. Tutwiler, who also serves on the NYSE Euronext Management Committee, joined the company in July 2004.

“On behalf of all my colleagues and the Management Committee of NYSE Euronext, I want to extend my sincere thanks and gratitude to Margaret for her outstanding contributions to our organization,” Mr. Niederauer said. “Margaret has been a highly valued member of our senior management team and has provided exceptional guidance and oversight of our communications, marketing and government affairs activities. She has significantly advanced those functions, our world leading brand, and our global business strategy. We wish her well at Merrill Lynch.”

“I am extremely grateful for having had the opportunity to be part of a truly exceptional company and growth story, and for working with a tremendous team of skilled and dedicated professionals during my time here,” Ms. Tutwiler said. “Together, we successfully transformed the New York Stock Exchange into a publicly held company and global enterprise, while strengthening our competitive and brand position as well as our relationships with customers and key constituents around the world.

“I want to thank Duncan and the Board, my team in Communications, Marketing and Government Relations, and everyone at NYSE Euronext who helped make this one of the most fulfilling and rewarding experiences of my professional life. It has been an honor and a privilege to work at a great American institution that has now become a true global icon.”

At Merrill Lynch, Ms. Tutwiler will be responsible for all external and internal communications activities, including media and government relations; employee, business group, executive, shareholder and public policy communications; corporate marketing and brand identity, and other related activities.

About Margaret D. Tutwiler Margaret D. Tutwiler is Executive Vice President, Communications and Government Relations for NYSE Euronext and is a member of the NYSE Euronext Management Committee. She is responsible for directing NYSE Euronext’s communications, advertising, marketing, and government relations. Ms. Tutwiler is also serves on the board of the NYSE Foundation. Ms. Tutwiler, 56, joined the company in July 2004 as Executive Vice President.

Prior to joining the NYSE, Ms. Tutwiler was the U.S. Undersecretary of State for Public Diplomacy and Public Affairs during 2003-2004. She had served as the U.S. Ambassador to the Kingdom of Morocco from July 2001 until August 2003 and had served in the White House as Assistant to the President and Special Adviser for Communications from Jan. to June of 2001.

From 1995 to 2000, Ms. Tutwiler worked in the private sector, first as president of a public-relations firm, then as senior vice president for Public Affairs at the Cellular Telecommunications Industry Association in Washington , D.C.

Under the administration of President George H. W. Bush, Ms. Tutwiler served as the State Department Spokesman and Assistant Secretary of State for Public Affairs from 1989 to 1992 and held the position of Assistant to the President for Communications from August 1992 until Jan. 1993.

During Ronald Reagan’s presidency, Ms. Tutwiler served as the Assistant Secretary of the Treasury for Public Affairs from 1985 to 1989 and as Deputy Assistant to the President for Political Affairs and Special Assistant to the President in the White House office of the Chief of Staff from 1981 to 1985.

Ms. Tutwiler graduated from the University of Alabama . She has received several awards for public service and is the youngest person ever to be inducted into the Alabama Hall of Honor.

About NYSE Euronext NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007 . NYSE Euronext (NYSE Euronext: NYX ) operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data. Representing a combined $30.3 trillion/€21.3 trillion total market capitalization of listed companies and average daily trading value of approximately $139 billion/€103 billion (as of September 30, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets. NYSE Euronext is part of the S&P 500 and S&P 100 indexes.

Cautionary Note Regarding Forward-Looking Statements This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext's plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext's current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext's results to differ materially from current expectations include, but are not limited to: NYSE Euronext's ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Euronext’s reference document for 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as amended, and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.  

Edited by: Erin Kello


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