Werner Bürki, a member of the management committee of the SWX Swiss Exchange and CEO of EXFEED Ltd, has been elected chairman of the supervisory board of STOXX Limited.
Bürki succeeds Holger Wohlenberg, chairman since April 2006 and managing director Market Data & Analytics of Deutsche Börse AG, who will continue to serve as a member of the supervisory board. The change is effective immediately and a result of the regular annual election of the chairman of the supervisory board.
Bürki has been a member of the management committee of the SWX Swiss Exchange since July 2002 and the CEO of EXFEED Ltd. since October 2001. He is a graduate of Kaderschule Zürich and in his early years specialized in options trading and futures. Previously, Bürki was head of the Swiss arm of Bridge Information Systems. During this period, he introduced the Dow Jones platform to the Swiss market and was responsible for the merger of Dow Jones Markets and Bridge. Until 2001, he was a member of both the management board and the board of directors of Dow Jones Markets Switzerland AG. Bürki has been a member of the STOXX supervisory board since December 2002.
'The STOXX Ltd. supervisory board is responsible for the composition and accuracy of the Dow Jones STOXX index family. The supervisory board has the final approval for all changes to index methodology as well as for the specification, design, development and delivery of new indexes, 'said Lars Hamich, managing director of STOXX Ltd. 'The commitment of the supervisory board members and their organizations has contributed to the Dow Jones STOXX indexes' standing as Europe's leading indexes as benchmarks and underlying for derivatives, structured products and exchange-traded funds.'
The supervisory board is composed of one representative from each of STOXX Limited's three joint venture partners: Deutsche Börse AG, Dow Jones & Company, and SWX Group.