Reto Francioni has been chief executive officer of Deutsche Boerse AG since Nov. 1, 2005. He is also a member of the executive board of Deutsche Boerse and serves as head of the management board.
Francioni served as an interim chief financial officer of Deutsche Boerse AG from March 2007 to May 2007. He also served as chief executive officer of SWX Swiss Exchange during some of that time. In September of 2012, Deutsche Boerse announced that Francioni had been reappointed as CFO, and would serve a further term of office until Oct. 31, 2016.
Francioni made headlines in February 2011 when it was announced that Deutsche Boerse and NYSE Euronext were in advanced talks to merge. Francioni would become chairman of the global behemoth should the takeover be successful. In January 2012, European antitrust examiners recommended against the deal that would create the world's largest exchange.
Francioni worked for UBS in Zurich from 1981 to 1984 and for Credit Suisse in New York and Zurich from 1985 to 1988. He was also deputy chairman of the management at Association Tripartite Bourses (ATB) from 1988 to 1992 and was a member of the lead team for the entire EBS (Elektronische Börse Schweiz) project there.
Before his first move to Deutsche Boerse, Francioni was a member of management in the corporate finance division at Hofmann-La Roche from 1992 to 1993. He worked in the securities industry before going to Deutsche Borse, where he was credited with developing the German group's much praised electronic trading platform, Xetra. He has also served as a member of supervisory board of Berliner Effektengesellschaft AG since Jan. 29, 2001.
Francioni co-authored a trading textbook, Equity Markets in Action, with Robert Schwartz, a New York-based finance professor.
Francioni holds a degree and subsequent doctorate in law from Zurich University.
- Press Release. TeleTrader.
- Francioni Wins NYSE After Losing With Niederauer CEO. Bloomberg.
- NYSE, Deutsche Boerse Face Questions As Deal Nears Brink. Dow Jones.
- Rethinking Roles as Merger Falters. WSJ.
- Reto Francioni. Deutsche Boerse Group.