Williams-Sonoma appointed Lynn Martin to its board of directors, adding the current president of NYSE Group and chair of ICE Fixed Income & Data Services to the board.
Martin brings more than executive leadership from the capital markets side of the business. She currently runs the New York Stock Exchange and oversees NYSE’s equities and options exchanges. Before that, she was president of Fixed Income & Data Services at ICE, 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 Global Services.
The company said Martin’s background spans technology, data, global financial markets, risk management, and corporate governance. Williams-Sonoma’s board chair, Scott Dahnke, said her experience with public companies and the New York Stock Exchange would bring a new perspective to the board.
Laura Alber, Williams-Sonoma’s chief executive, said Martin’s experience leading complex organizations would support the company’s growth strategy and long-term shareholder value. Martin said she was looking forward to working with the board and leadership team to drive continued growth and long-term success. The market has reacted to these announcements by moving the company's shares -0.74% to a price of $250.16. For the full picture, make sure to review WILLIAMS SONOMA INC's 8-K report.
