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NYSE Group CEO Niederauer resigns

Long-time exec will stay as co-president of ICE through August but leave earlier than planned

IntercontinentalExchange Group said Duncan Niederauer, chief executive of NYSE Group, accelerated his planned departure, due in part to the "rapid integration of Ice and NYSE".

Niederauer will continue as president of ICE, contributing to the companies' integration, through August 2014. Thomas W. Farley, the chief operating officer of the NYSE, will succeed Niederauer, taking the title of president of NYSE Group, effective immediately.

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