Jean Desgagné, president and CEO of TMX Global Solutions, Insights and Analytics Strategies has left the company to pursue new opportunities, Toronto-based TMX Group Ltd. announced on Wednesday.

“On behalf of TMX, I would like to sincerely thank Jean for his valuable contribution to this organization’s success and wish him all the best in the future,” says Lou Eccleston, CEO of TMX Group, in a statement.

“TMX Group is continuously examining ways to adapt our business, allocate resources and enhance our client solutions and services to the address the needs of an ever-changing marketplace. Going forward, Jean’s former position will not be replaced, as members of TMX’s strong leadership team will take on his areas of responsibility along with expanded mandates.”