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INDUSTRY FIRST

‘New Era’ Asx Starts With Redundancies As CEO Swings Axe

Feb 11, 2024over 1 year ago

Position

Chief Executive Officer

Company

ASX

Helen Lofthouse
Sydney

Description

ASX CEO Helen Lofthouse is laying off staff ahead of Friday’s earnings update.

Company Information

Company

ASX

Location

Sydney, New South Wales, Australia

About

ASX is one of the world’s top ten exchanges. As a full-service exchange, we offer trading, clearing, settlement, market insights, connectivity, and depository services across all major asset classes including equities, derivatives, ETFs, options, and managed funds. With a total market capitalisation of around $1.5 trillion, ASX is home to some of the world’s leading resource, finance, and technology companies. Our $47 trillion interest rate derivatives market is the largest in Asia and among the biggest in the world. ASX’s network and data centre (The Australian Liquidity Centre) provides a world class financial infrastructure and access to Australia’s largest pools of liquidity.

FundzWatch™ Score

81
Medium Activity

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Executive Insights

Based on hiring data
New executive impact window
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Budget influence
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Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months