Patrick Birley, CEO of the European Climate Exchange, said in mid-July that he would remain at the exchange for three months at most, following its acquisition by Intercontinental Exchange Group.
Equity Research Desk quoted Birley as saying he would stay
with the company "for a transition period of a maximum three
months, but will be leaving after that".
In April, ICE announced a £395m ($604m) takeover of
Climate Exchange’s bourses, aimed at gaining a
further grip on the booming European energy markets.
Birley, a former CEO of clearing house LCH.Clearnet, has
also been director of strategy at the London Metal Exchange,
and was CEO of Safex, the South African futures exchange,
throughout the 1990s, overseeing a transitional period after
the bourse’s purchase by the Johannesburg Stock
Exchange in 2001.