01—Abstract
Summary
Summary of the 8-K filed February 22, 2022. Cited figures are marked; the original filing is the authoritative source.
This 8-K filing from Intercontinental Exchange, Inc. (ICE) announces a significant change in its executive leadership.
David S. Goone, the current Chief Strategy Officer, has announced his intention to retire from his executive role effective March 15, 2022. This transition marks the end of Mr. Goone's tenure as an executive officer, a position he has held for a considerable time.
While stepping down from his executive responsibilities, Mr. Goone is expected to remain involved with ICE in an advisory capacity to CEO Jeffrey C. Sprecher.
This arrangement, governed by a Transition and Separation Agreement, suggests a planned and orderly handover of strategic responsibilities, aiming to leverage Mr. Goone's experience during this period. Investors should monitor for the full details of this agreement when it is filed.
02—Key points
Key Highlights
- David S. Goone, Chief Strategy Officer, plans to retire from his executive role effective March 15, 2022.
- Mr. Goone will cease to serve as an executive officer of ICE following his retirement.
- Following his retirement, Mr. Goone is expected to serve as an advisor to ICE CEO Jeffrey C. Sprecher.
- A Transition and Separation Agreement will be entered into between ICE and Mr. Goone.
- The full agreement will be filed as an exhibit to an amendment to this Current Report on Form 8-K.
03—Questions
Frequently Asked Questions
Who is David S. Goone and what is his role at ICE?
David S. Goone is the Chief Strategy Officer of Intercontinental Exchange, Inc. (ICE).
When will David S. Goone's retirement as Chief Strategy Officer be effective?
His retirement as Chief Strategy Officer is effective as of March 15, 2022.
Will David S. Goone still have any involvement with ICE after his retirement?
Yes, following his retirement as Chief Strategy Officer, Mr. Goone is expected to continue to serve as an advisor to ICE’s Chief Executive Officer, Jeffrey C. Sprecher.
Where can I find more details about David S. Goone's separation from his executive role?
A Transition and Separation Agreement will be entered into between ICE and Mr. Goone, and a copy of this agreement will be filed as an exhibit to an amendment to this Current Report on Form 8-K.
04—Continue