Williams-Sonoma appoints NYSE Group president to its board

Williams-Sonoma, Inc. (NYSE: WSM) announced the appointment of Lynn Martin to its board of directors, according to a company press release.

Martin currently serves as president of NYSE Group, a wholly owned subsidiary of Intercontinental Exchange, Inc. (NYSE: ICE), where she leads the New York Stock Exchange. She also oversees NYSE's equities and options exchanges and serves as chair of ICE Fixed Income & Data Services.

Prior to her current role, Martin held several senior positions at ICE, including president of Fixed Income & Data Services, president of ICE Data Services, chief operating officer of ICE Clear U.S., chief executive officer of NYSE Liffe U.S., and chief executive officer of New York Portfolio Clearing. She began her career at IBM in its Global Services organization.

Laura Alber, president and chief executive officer of Williams-Sonoma, said in a statement: "Her experience guiding complex, high-performing organizations will be invaluable as we continue to execute our growth strategies and create long-term value for our shareholders."

Board Chair Scott Dahnke said Martin's experience leading the New York Stock Exchange and her understanding of public companies would bring perspective to the board.

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