Toronto-based TMX Group Ltd. has a new chief financial officer (CFO) with the promotion of John McKenzie, president of the Canadian Depository for Securities Ltd. (CDS), to that role.

McKenzie has been president of CDS, a wholly owned subsidiary of TMX Group, for one year and has been with the firm for 16 years, according to an announcement released Monday. He joined TMX Group in 2000 as director of finance and administration and went on to hold senior executive positions in departments related to corporate strategy, development and finance.

“John brings to the TMX Group CFO position a proven skill set and demonstrated leadership effectiveness,” says Lou Eccleston, CEO of TMX Group, in a statement.
“I am confident that this appointment will help propel the execution of TMX’s strategy and enable us to continue along our stated path toward innovation, transformation and operational excellence.”

McKenzie will begin his new position on July 11 and will also remain president of CDS until a successor is found.

McKenzie replaces Michael Ptasznik, who resigned from the firm this month to take the role of CFO at New York-based Nasdaq Inc. Frank DiLiso, vice president of corporate finance and administration with TMX Group, is currently the interim CFO.

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