Executive Management

Richard M. McVey, our founder, has been our Executive Chairman since April 2023. Prior to this role, Mr. McVey served as our Chief Executive Officer and Chairman from our inception in 2000 to April 2023. As an employee of J.P. Morgan & Co., one of our founding broker-dealers, Mr. McVey was instrumental in the founding of MarketAxess. Prior to founding MarketAxess, Mr. McVey was Managing Director and Head of North America Fixed-Income Sales at J.P. Morgan, where he managed the institutional distribution of fixed-income securities to investors. Mr. McVey led MarketAxess through the Company’s initial public offering in 2004, and since that time, MarketAxess has been one of the fastest growing financial technology companies in the U.S. public markets. Mr. McVey was named the Ernst & Young National Entrepreneur of the Year for financial services in 2012, and he has been named to the Institutional Investor Tech 40 list 15 times. Mr. McVey was a member of the U.S. Securities and Exchange Commission’s (“SEC”) Fixed Income Market Structure Advisory Committee, for which he chaired the Technology and Electronic Trading Sub-Committee from November 2017 to March 2021. Mr. McVey serves on the Board of Directors of the Board of Trustees of Colby College. He previously served on the Board of Directors of Miami (Ohio) University Foundation and Blue Mountain Credit Alternatives L.P., an asset management fund focused on the credit markets and equity derivatives markets. Mr. McVey received a B.A. in finance from Miami (Ohio) University and an M.B.A. from Indiana University.

Mr. McVey’s role as one of our founders and his service as our Chief Executive Officer for over 20 years give him deep knowledge and understanding of all aspects of the business and operations of MarketAxess. Mr. McVey’s extensive experience in the financial services industry, including significant leadership roles at J.P. Morgan, has provided the Company with comprehensive knowledge of the financial markets that we serve and the institutions and dealers that are our clients.

Christopher R. Concannon has been our Chief Executive Officer since April 2023. Prior to serving in this role, Mr. Concannon served as our President and Chief Operating Officer from January 2019 to April 2023. Mr. Concannon previously served as President and Chief Operating Officer of Cboe Global Markets, Inc., one of the world’s largest exchange holding companies, until 2019, a position he was appointed to upon Cboe’s acquisition of Bats Global Markets, Inc. in 2017. Until Bats’ acquisition by Cboe, Mr. Concannon served as President of Bats from December 2014, director from February 2015, and Chief Executive Officer from March 2015. Mr. Concannon has more than 20 years of experience as an executive at Nasdaq, Virtu Financial, Instinet and as an attorney at Morgan Lewis & Bockius and the SEC. Mr. Concannon received a B.A. from Catholic University, an M.B.A. from St. John’s University, and a J.D. from Catholic University’s Columbus School of Law.

Mr. Concannon brings to the Board extensive experience leading companies in the global exchange industry. Mr. Concannon also has deep and critical knowledge regarding automated trading, the delivery of innovative technology solutions, market structure and clearing operations.

Christopher N. Gerosa has been CFO since August 2021. Prior to his current role, Mr. Gerosa was Head of Accounting and Finance of the Company from April 2015 to August 2021, with global responsibility for accounting, tax, treasury management and financial planning and analysis functions. Prior to joining the Company, Mr. Gerosa was Chief Financial Officer of Primus Guaranty, Ltd. (“Primus”) from 2010 to 2014 and Corporate Treasurer from April 2007 to 2014. Prior to these roles, Mr. Gerosa held the position of Corporate Controller and served as the Director of Investor Relations of Primus. Mr. Gerosa joined Primus in 2003 and was an integral part of taking Primus public in 2004. Before joining Primus, he worked in the product controller areas of Deutsche Bank and Goldman Sachs. Mr. Gerosa began his professional career at Arthur Andersen. He served as a U.S. Army National Guard Infantry Officer after receiving his B.B.A. from the University of Notre Dame.

Oliver Huggins joined MarketAxess in April 2019 as the Global Chief Risk Officer. In this role, Mr. Huggins manages the global enterprise risk management function. Mr. Huggins was previously the Chief Operating Officer, Group Risk, and Head of Financial Risk at the London Stock Exchange Group (LSEG). While at LSEG, Mr. Huggins lead to the Group Risk Team, ensuring the consistent application of the risk framework across all divisions and functions. Furthermore, he was integral to the design and implementation of the Group Risk strategy for risk diligence related to M&A activities and coordinating group-wide response to pressing external events. Prior to his time at LSEG, Mr. Huggins was the Head of Financial Risk Management for Prudential Assurance, where he was responsible for the oversight of all financial risks across the group, including credit, market and liquidity risks. He’s also held senior positions within the Financial Institutions Group at Goldman Sachs and the Credit and Rate Markets Structured Solutions Group at J.P. Morgan. Mr. Huggins received a BSc (First Class Honours) in Engineering Mathematics from the University of Bristol.

Kevin M. McPherson has been Global Head of Sales since June 2014. From January 2008 to June 2014, Mr. McPherson was the Company’s U.S. Sales Manager. From March 1999 to December 2007, Mr. McPherson was a Sales Representative for the Company, running the Company’s West Coast sales and distribution effort. From June 1996 to March 1999, Mr. McPherson worked within the Emerging Markets Fixed Income Group of Scudder Stevens & Clark, where he traded emerging market fixed income securities and supported portfolio administration. Mr. McPherson began his career at State Street Bank & Trust, where he worked from June 1994 to June 1996 as an accountant and auditor for fixed income and equities portfolios. Mr. McPherson received a B.A. in business administration from the University of Maine.

Mr. Panchal has been Chief Information Officer since March 2022. Prior to his current role, Mr. Panchal served as a Managing Director of Goldman Sachs Asset Management Technology from November 2014 to February 2022. In that role, he served in various capacities, including a Global Co-Head of Technology, Asset Management Division from 2020 to 2021, Global Head of Goldman Sachs Asset Management Portfolio Management and Trading Technology from 2019 to 2020, Global Co-Head of Goldman Sachs Asset Management Portfolio Management and Trading Technology from 2018 to 2019 and Global Head of Fixed Income and Sales Technology, Asset Management Division from 2014 to 2018. Prior to this role, he was a Managing Director, Technology of Goldman Sachs Securities Division, serving in various capacities from 1996 to 2014. Mr. Panchal began his career as a Consultant, Financial Services at Andersen Consulting prior to his tenure at Goldman Sachs. He holds a B.A. and an M.A., each in Computer Science, from Cambridge University.

Raj Paranandi has been Chief Operating Officer, EMEA and APAC at MarketAxess since March 2021. He joined MarketAxess from UBS Investment Bank, where he was Global Co-Head of Digital Transformation for UBS Global Markets & Global Head of Change for UBS Investment Bank. Prior to this, he spent four years as Global Chief Operating Officer for FX, Rates and Credit at UBS Investment Bank, where he focused on developing a world-class fixed income business through technology re-engineering and business process simplification. Previous roles include technology and operational leadership roles at Barclays, Credit Suisse and Accenture. He has also served as a board member of the Global Financial Markets Association (GFMA).

Mr. Paranandi received a BSc in Economics from The London School of Economics.

Scott Pintoff has been General Counsel and Corporate Secretary of MarketAxess since February 2014. In this role, Mr. Pintoff is responsible for the legal and compliance departments, as well as the regulatory affairs of the Company. Prior to joining MarketAxess, Mr. Pintoff was General Counsel and Corporate Secretary at GFI Group, a position he held since 2003. At GFI, Mr. Pintoff was responsible for all legal, regulatory and compliance matters, including GFI’s initial public offering, all major acquisitions and implementation of the Dodd-Frank Act. Mr. Pintoff joined GFI Group in 2000 as Associate General Counsel. Prior to GFI, Mr. Pintoff was at Dewey Ballantine LLP from 1996 to 2000 within the mergers and acquisitions group. Mr. Pintoff received a B.A. (Honors) from Wesleyan University and a J.D from the New York University School of Law.

Christophe Roupie has been Head of EMEA and APAC since May 2020. From March 2017 through May 2020, Mr. Roupie was the Company’s Head of Europe and Asia. Prior to joining MarketAxess, from October 2015 until October 2016, Mr. Roupie was the CEO of HiRock AG, a family office in Switzerland. From May 2005 to October 2015, Mr. Roupie was Global Head of Trading and Securities Financing at AXA Investment Managers. While at AXA Investment Managers, he managed trading teams in Paris, London, Hong Kong and Greenwich, Connecticut across equities, fixed income, FX, derivatives, repo and stock lending. Prior to this, Mr. Roupie was the Global Head of Fixed Income Trading at IXIS AM (now Natixis Asset Management) from October 2000 to March 2005.

Richard Schiffman joined MarketAxess from BlackRock Financial Management where he was a Managing Director from August 2010 to August 2013, leading the Aladdin Trading Network (ATN) Open Trading initiative. At MarketAxess Richard is responsible for managing the development and implementation of the firm’s Open Trading efforts. Previously Richard had been with MarketAxess for ten years, having joined the firm at its inception in April 2000. Over that period he held several key roles including Head of New Business Development, Head of Information Services, Investment Grade Trading Product Manager and Chief Technology Officer. Prior to joining MarketAxess, Richard was Vice President and Manager of Fixed Income Research Technology at J.P. Morgan, where he was employed in a variety of positions from March 1992 to April 2000.

Richard holds a BA in Economics from Rutgers University and an MBA in Finance and Information Systems from the Stern School of Business at New York University.

Mary Sedarat joined MarketAxess in 2016 as Chief Marketing & Communications Officer and was named Chief Experience Officer (CXO) in 2022. As CXO, Ms. Sedarat leads the company’s Marketing and Communications functions, Employee Experience, Employer Branding and key aspects of Talent Management, Leadership Development and Corporate Culture. Prior to joining MarketAxess, she spent 17 years with J.P. Morgan where she held numerous senior marketing and communications roles. Most recently, she was Chief Marketing Officer of the firm’s Corporate & Investment Bank. Prior to this, she was Chief Communications Officer for both J.P. Morgan Asset Management and the firm’s Treasury & Securities Services divisions. Earlier in her career, she held communications roles at Citigroup, American Stock Exchange and Ruder Finn Public Relations. Ms. Sedarat received her BBA in Marketing from the University of Texas at Austin. She is a board member of Zeigfeld Club Inc.

Julie Sheffet joined MarketAxess in January 2021 as the Chief Human Resources Officer.

Prior to joining MarketAxess, Ms. Sheffet worked at TD Ameritrade as the Managing Director of Total Rewards and HR Shared Services, as well as the lead HR Business Partner for several business units including Technology, Operations, Marketing, Communications and Enterprise Strategy. During her 12 years at TD Ameritrade, Ms. Sheffet redesigned, scaled and continually advanced many company-wide Human Resources functions, including Total Rewards, Organizational Design and HR Shared Services.

Prior to TD Ameritrade, Ms. Sheffet was a Principal at Johnson Associates where she was a lead executive compensation consultant for several Fortune 500 clients, with a concentration in financial services. Her responsibilities included advising executives and Boards on the philosophy and design of their compensation programs, including for IPOs, M&As and cultural transformations.

Throughout her career of over 25 years in Human Resources, Ms. Sheffet has also held management positions at Merrill Lynch and American Express.

Ms. Sheffet received her BA from the Elliott School of International Affairs at the George Washington University.

Kat (Kathryn) Sweeney joined MarketAxess in 2021 as the Head of Index and ETF Solutions and was named the Global Head of Data & ETF Solutions and joined the management team in 2022. In this role, Kat is the business owner for our global Data business, inclusive of product management and data sales. Prior to joining MarketAxess, Ms. Sweeney worked at State Street Global Advisors (SSGA), where she was a Senior Managing Director and Head of the Institutional Client Group for North America. Prior to joining SSGA, she spent 18 years at Goldman Sachs.  During her time there, she played a strategic role in building Goldman’s ETF market making business and held a variety of roles across execution, risk management, product development and distribution. 

Ms. Sweeney attended Boston College.