From January 2003 to July 2008, Norman Steisel was Executive Vice President (EVP) and Chief Operating Officer (COO) of the Philadelphia Stock Exchange (PHLX). An essential member of the PHLX strategic management team, Mr. Steisel was responsible for supervising the day-to-day operations through which the Exchange’s strategic plan and initiatives were carried out.
The design of the strategic plan was to extract value via taking advantage of regulatory licenses, enhancing technology assets, as well as offering innovative trading modalities and products. The PHLX was ultimately sold to NASDAQ OMX. Mr. Steisel managed the PHLX’s involvement in transition planning and integration activities with the NASDAQ OMX.