Nasdaq CEO Adena Friedman on the Future of the Exchange

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Within 24 years at The Nasdaq Stock Market (Nasdaq), Adena Friedman went from working as an M.B.A. intern (1993) to making history as the first woman to head a global exchange on January 1, 2017, when she was named President and Chief Executive Officer (CEO). Prior to taking the helm as CEO, Friedman spent almost three years driving efficiency, product development, and growth across all Nasdaq business segments as President and Chief Operating Officer (COO) (2014 to 2016).

There were a couple of detours along the way, including The Carlyle Group, the fourth largest private equity firm in the world, where she served as Chief Financial Officer (CFO) and Managing Director from 2011 to 2014. As CFO, she played a critical role in taking Carlyle public in 2012, which gave the future CEO of Nasdaq invaluable, first-hand experience of the other side of IPOs: being a prospect pursued for an IPO listing.

Before Carlyle, Friedman held key positions on…

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