Charles "Harry" Falk

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Harry Falk was the former president and CEO of the New York Board of Trade, today ICE Futures U.S. Falk died in June of 2007 at the age of 66.[1]

Biography[edit]

Falk was elected chairman of NYBOT’s board of governors in 2000, named interim president and CEO in 2002 and president and CEO in 2003. He guided the exchange through one of its more turbulent periods when the terrorist attacks completely destroyed the exchange’s main building and its principal trading floor.

In 2006, Falk negotiated the $1.6-billion deal to combine NYBOT with the IntercontinentalExchange, which set the framework for the exchange’s conversion to electronic trading.

Falk was widely respected in the New York commodity futures business for his leadership abilities, in particular his ability to persuade the membership of the Coffee, Sugar and Cocoa Exchange (CSCE) and the New York Cotton Exchange to work together after the two exchanges merged.

Falk’s association with the CSCE began in 1958 as a clerk for Czarnikow-Rionda, one of the largest sugar brokers in North America. He rose to partner in the company, then moved to Richco Sugar in 1982, and in 1984 joined Louis Dreyfus Corporation.

A member of the Coffee, Sugar & Cocoa Exchange since 1970, he joined the CSCE board in 1989 and was appointed chairman from 1991 to 1995.

In 2007, he was inducted into the Futures Industry Association Futures Hall of Fame.[2]

References[edit]