Jeffrey Craig Sprecher is the founder, chairman, and CEO of Intercontinental Exchange. He is also the chairman of the New York Stock Exchange. In 1996 he bought the Continental Power Exchange in Atlanta from MidAmerican Energy Holdings Company.
About Jeffrey Sprecher in brief
Jeffrey Craig Sprecher is the founder, chairman, and CEO of Intercontinental Exchange. He is also the chairman of the New York Stock Exchange. In 1996 he bought the Continental Power Exchange in Atlanta from MidAmerican Energy Holdings Company for USD 1 plus the assumption of debt. In the 1990s energy trading was handled manually by an electronic energy trading company. When Enron’s exchange collapsed in 2001 in the Enron scandal, ICE’s business exploded.
Since then the company has expanded including the following acquisitions: On March 19, 2020, the public release of federal financial-disclosure documents revealed that Sp recher and his wife, interim U.S. Senator Kelly Loeffler sold millions of dollars of stock the couple owned in companies vulnerable to the COVID-19 pandemic.
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This page is based on the article Jeffrey Sprecher published in Wikipedia (as of Dec. 09, 2020) and was automatically summarized using artificial intelligence.
