First in 226 Years: Woman to Lead Stock Exchange

NEW YORK (AP) -

The New York Stock Exchange for the first time in its 226-year history will be led by a woman.

Stacey Cunningham, who started off as a floor clerk, will become the 67th president of the Big Board starting Friday. Together with the Nasdaq, two of the world’s most well-known exchanges will be led by women.

“It’s exciting to take on the role of running this organization because it’s an institution and it has a lot of personal meaning to me, myself, you know so that’s really what I’ve been focused on,” Cunningham said Tuesday.

Cunningham, who is the chief operating officer for the NYSE Group, is replacing Thomas Farley, who is leaving to head an acquisition company.