ATLANTA, Feb. 13, 2017 /PRNewswire/ -- PwC US today announced that the Technology Hall of Fame of Georgia members selected Jeffrey C. Sprecher, Founder, Chairman and CEO of publicly-held Intercontinental Exchange, Inc. (NYSE: ICE) and Chairman of the New York Stock Exchange, to be inducted into the Technology Hall of Fame of Georgia at the Technology Association of Georgia (TAG) 2017 Georgia Technology Summit on March 23, 2017. The event will take place at the Cobb Galleria Centre in Atlanta. Intercontinental Exchange is dual-headquartered in Atlanta and New York, and operates the leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets.
"Jeff's innovative leadership has made him a pioneer several times over," said John Nee, Partner in PwC Atlanta's Technology Practice. "Jeff has redefined what it means to help businesses grow in today's technologically-driven world, turning dollars into billions in just a matter of years. He is a problem-solver and strategist guided by a mission to continually create and improve, and it's our privilege to welcome him to the Technology Hall of Fame of Georgia."
As a power plant developer, Sprecher recognized the need among energy market participants for an accessible and transparent electronic marketplace for over-the-counter energy markets. He acquired Continental Power Exchange (CPEX) for $1 in 1997 to achieve his vision of an efficient market that would bring transparency to a previously opaque market. He launched Intercontinental Exchange (ICE) in 2000 and completed its initial public offering in 2005 on the New York Stock Exchange (NYSE), ultimately building it up to a market capitalization of over $30 billion today. He has served as the company's CEO since May 2000 and Chairman of the Board since November 2002.
Under his guidance, ICE grew from operating solely in the energy swaps market, into a broader network of 12 global exchanges, including the NYSE, through organic growth and acquisitions. ICE's exchanges include equity and equity options exchanges, as well as futures exchanges that establish benchmark prices for interest rates, equity indexes, energy, metals and agricultural commodities. In addition, ICE operates six central clearing houses that provide risk management services for global markets. ICE developed the first cleared OTC energy contracts in 2002, built the first new major clearing house in the United Kingdom in over a century in 2008, and launched the world's leading clearing house for credit derivatives in 2009. Through ICE Data Services, ICE is one of the world's foremost providers of financial market information.
Businessweek, Institutional Investor and other industry publications have recognized Sprecher for his work. He was selected by MarketWatch as one of five finalists in the MarketWatch CEO of the Year program in 2006. Also in 2006, ICE's stock was named the "best 1-year performer" by The Wall Street Journal, and in 2010 the company was named as the fastest growing company in the Financial Services category by Fortune magazine. Since 2014, Sprecher has been named one of Barron's 30 World's Best CEOs. In 2017, Sprecher was named Best CEO for Brokers, Asset Managers and Exchanges in Institutional Investor's annual poll.
"Jeff Sprecher and Intercontinental Exchange are reshaping the world's capital markets and how risk is managed," said Larry K. Williams, President/CEO of the Technology Association of Georgia (TAG). "Jeff is one of the most successful entrepreneurs in the financial-services industry and TAG is pleased to see him inducted into the Hall of Fame at the 2017 Georgia Technology Summit."
Sprecher is also involved in a number of community and civic initiatives. He is Chairman of the Metro Atlanta Chamber, a trustee of the Wisconsin Alumni Research Foundation, and serves on the Board of Directors for various organizations, including the Buckhead Coalition, The Commerce Club and Atlanta Committee for Progress.
Sprecher holds a Bachelor's Degree in chemical engineering from the University of Wisconsin at Madison and a Master of Business Administration from Pepperdine University in Malibu, California.
About the Technology Hall of Fame of Georgia
Each year an inductee is chosen by the current Technology Hall of Fame of Georgia members from a slate of nominees, in recognition of his or her contributions to the industry and impact on the state. Potential nominees are selected based on an individual's impact on the technology industry in the state of Georgia, such as establishing and growing successful technology companies and organizations, job creation and economic impact, developing breakthrough technologies, innovation and entrepreneurship, etc. PwC has been a sponsor of the Technology Hall of Fame of Georgia since its inception in 1993.
Previous inductees of the Technology Hall of Fame of Georgia include:
Current Members - Technology Hall of Fame of Georgia
Gov. George Busbee (1993)
Dennis C. Hayes (1993)
Dr. John E. Pippin (1993)
Glen P. Robinson, Jr. (1993)
John P. Imlay, Jr. (1994)
Parker H. Petit (1994)
Jacquelyn M. Ward (1994)
Bill Goodhew (1995)
Howard J. Morrison, Jr. (1995)
J. Leland Strange (1995)
James C. Edenfield (1996)
Richard K. Snelling (1996)
Gov. Zell Miller (1997)
Ben J. Dyer (1998)
Dr. H. Allen Ecker (1999)
Donald L. House (2000)
William J. Todd (2000)
Dr. Edward Roberts (2001)
C. Tycho Howle (2002)
Shirley Mewborn (2003)
Sid Topol (2003)
Charles D. Moseley (2004)
Charles "Garry" Betty (2005)
Said Mohammadioun (2005)
Tom Noonan (2006)
Sig Mosley (2007)
G. Wayne Clough (2008)
Ken Byers (2009)
Tripp Rackley (2010)
H. Wayne Hodges (2011)
Peter J. Kight (2011)
Dr. Raymond Schinazi (2011)
Jeff Arnold (2012)
Ted Turner (2013)
Alan Dabbiere (2014)
James C. Kennedy (2015)
The Georgia Technology Summit is TAG's flagship event that brings together local executives, entrepreneurs, technology professionals and academia to celebrate and recognize Georgia's technology community. This year's theme builds upon TAG's public awareness campaign to promote Georgia's technology industry through an emphasis on the fastest-growing tech clusters in the state, including health IT, information security, financial technology, logistics and communication services.
About PwC US
At PwC US, our purpose is to build trust in society and solve important problems. We're a network of firms in 157 countries with more than 223,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com/US.
© 2017 PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
About Technology Association of Georgia
TAG is the leading technology industry association in the state, serving more than 35,000 members through regional chapters in Metro Atlanta, Athens, Augusta, Columbus, Macon/Middle Georgia and Savannah. TAG's mission is to educate, promote, and unite Georgia's technology community to foster an innovative and connected marketplace that stimulates and enhances a tech-based economy.
The association provides networking and educational programs; celebrates Georgia's technology leaders and companies; and advocates for legislative action that enhances the state's economic climate for technology. TAG hosts over 200 events each year and serves as an umbrella organization for 33 professional societies. For more information visit the TAG website at http://www.tagonline.org.
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SOURCE PwC US