After 226 years, the New York Stock Exchange (NYSE) is welcoming its first ever female president, Stacey Cunningham.
Since the moment I stepped onto the trading floor, the @NYSE has always held a special place in my heart. I am humbled and honored to have the opportunity to lead this organization. pic.twitter.com/600GP34hZe— Stacey Cunningham (@stacey_cunning) May 22, 2018
Currently the NYSE's chief operating officer, Cunningham will take over for Thomas Farley.
Cunningham's career in the NYSE started as an intern in 1994. She returned in 2012 working for NASDAQ and has been making her mark ever since.
Cunningham's inspiration has been Muriel Siebert, who became the first woman to own a seat on the NYSE in 1967.
"It took 175 years for the first woman to become a member of the New York Stock Exchange. Muriel Siebert didn't have an easy path, but she was ambitious and it was fantastic. It was Dec. 28, 1967, when the ratio of men to women members of the New York Stock Exchange became 1,365 to 1," Cunningham said in a speech at the Tory Burch Embrace Ambition Summit in April.
Now, two of the world's biggest stock exchanges will be run by women, the NYSE and NASDAQ.
Congrats, Stacey; go show Wall Street what you're made of.