Millennium Information Technologies Appoints New CEO
- Mack Gill, SunGard SVP Corporate Development & Strategy appointed as new CEO
- MillenniumIT founder and current CEO Tony Weeresinghe, Director of LSEG Global Development, appointed MillenniumIT Non-Executive Chairman
- MillenniumIT strongly placed to continue to drive global expansion, as a leading developer and supplier of innovative financial markets system technology
Millennium Information Technologies (‘MillenniumIT’), part of diversified international exchange business, London Stock Exchange Group (‘LSEG’), is today delighted to announce the appointment of John Mackay ‘Mack’ Gill, as its new CEO.
Mack joins MillenniumIT from global technology group, SunGard Data Systems Inc., where he was Senior Vice President, Corporate Development & Strategy. Prior to this, Mack held a number of senior roles at SunGard, including President of SunGard Global Technology and President of SunGard Global Services. Mack holds an MA in International Relations from Yale University and a BA in International Relations from the University of British Columbia. He is also Treasurer and a Board Director of the International Association of Financial Engineers (IAFE).
As MillenniumIT CEO, Mack will be responsible for all aspects of MillenniumIT, including strategy. He will be a member of the LSEG global Leadership Team and will report directly to Antoine Shagoury, LSEG COO & CIO. He will also work closely with Tony Weeresinghe, Non-Executive Chairman, supporting his Global Business Development role. Mack will be based in Colombo, Sri Lanka.
Antoine Shagoury, LSEG COO & CIO, said:
“We are very excited to welcome Mack Gill to the Group and to the role of CEO of MillenniumIT. The business has flourished under Tony’s leadership, and we are now making the next important step in its development with Mack’s appointment.
“Mack has had an exceptional career at SunGard and has a wealth of experience in financial services technology, operations, product support and sales. He also brings with him the excellent strategic and international management skills developed whilst working as a senior executive in a large global business. This will be of tremendous value to MillenniumIT and the Group as we continue to grow the business”
Tony Weeresinghe, Non Executive Chairman, MillenniumIT and Director of Global Business Development, LSEG, added:
“MillenniumIT has had an extraordinary history since I founded it in 1996 and now provides market leading trading and capital markets technology to over 30 organisations worldwide, including London Stock Exchange Group. I am delighted that someone of Mack’s experience and expertise is now going to be leading MillenniumIT, as it moves to the next exciting stage in its development and I very much look forward to working with him.”
Mack Gill, CEO of MillenniumIT, said:
“MillenniumIT is a global leader in its field and I am thrilled to be joining such an innovative and successful business. The evolving capital markets infrastructure and technology business offers many opportunities ahead, and I look forward to working with my new colleagues at MillenniumIT and London Stock Exchange Group around the world.”
MillenniumIT is a leading developer and supplier of ultra low latency, innovative trading technology, and in 2009 became part of LSEG, the international diversified exchange business. Since then it has gone from strength to strength, providing the Group with the world’s fastest trading platform and successfully expanding its customer base to over 30 other exchanges, financial market participants and international businesses across the world.
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Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Bursa Italian; MTS, Europe's leading fixed income market; and Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access to an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages over 200,000 equity, bond and alternative asset class indices.
Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,900 people.
Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com.