Euronext CEO Stéphane Boujnah to Exit in 2027 After Lifting Listings Revenue to €187 Million
Updated
Updated · Financial Times · Aug 23
Euronext CEO Stéphane Boujnah to Exit in 2027 After Lifting Listings Revenue to €187 Million
1 articles · Updated · Financial Times · Aug 23
Summary
May 2027 is when Stéphane Boujnah plans to leave Euronext, saying the move is his own decision and that he wants a new challenge while the exchange operator is still in strong shape.
Since taking over in 2015, Boujnah has built Euronext into Europe’s largest stock-exchange operator through acquisitions including Athens, Dublin, Oslo and Milan, while pushing European companies to list locally rather than in the US.
€187 million in listings revenue and €359 million from share trading in 2025, up from €71 million and €197 million in 2015, helped underpin that expansion; second-quarter revenue this year rose 10% to €544 million and pre-tax profit jumped 21%.
Ireland’s push for an EU capital-markets deal by year-end could further centralize oversight and spur consolidation, a step Boujnah says would validate his long campaign to deepen European markets before he departs.
Analysts still say Euronext trails Deutsche Börse and LSEG in technology, post-trade and data, leaving Boujnah’s successor to balance further integration with pressure to modernize.