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    Jeffrey C. Sprecher

    Chair of the Board and Chief Executive Officer at Intercontinental Exchange Inc
    Board
    Since November 2002
    Age
    69 years
    Education
    Holds a Bachelor of Science degree in Chemical Engineering from the University of Wisconsin and a Master of Business Administration from Pepperdine University.
    Tenure
    Joined ICE in 1997 through the acquisition of CPEX, has served as CEO since the company's inception, and has been Chair of the Board since November 2002.

    Also at Intercontinental Exchange Inc

    AJS
    Andrew J. Surdykowski
    General Counsel
    AWG
    A. Warren Gardiner
    Chief Financial Officer
    BRJ
    Benjamin R. Jackson
    President

    About

    Jeffrey C. Sprecher is the Chair of the Board and Chief Executive Officer of Intercontinental Exchange (ICE), having led the company since its early days. He joined the organization in 1997 through the acquisition of CPEX and has been providing strategic guidance as CEO, later assuming the role of Chair in November 2002.

    Before his tenure at ICE, he built his career over a fourteen-year period with Western Power Group, Inc., where he managed the development, ownership, and operation of large central-station power plants, contributing significantly to various financings.

    His strong academic background—earning a Bachelor of Science in Chemical Engineering and an MBA—underpins his technical and business expertise, which he has leveraged to drive innovation and strategic growth within the company.

    This blend of operational experience and educational credentials has positioned him as a leading figure in the financial and energy sectors, consistently steering ICE toward operational excellence and market leadership.

    $ICE Performance Under Jeffrey C. Sprecher

    Past Roles

    OrganizationRoleDate RangeDetails
    Western Power Group, Inc.President (and various positions)14-year tenure (dates not specified)Held significant financings; developer, owner, and operator of large central-station power plants
    CPEXAcquirerAcquired in 1997Predecessor company to ICE that was acquired and later became the foundation for ICE

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,250,000 AnnuallyFixed base salary for 2023
    401(k) Matching$19,800 As per plan contributionsMatching contributions under the company's 401(k) and Profit-Sharing Plan

    Performance Compensation

    Data from  FY 2023

    1. EBITDA-Based PSUs

    Metric [Unit]Value
    Grant DateFeb 3, 2023
    Grant Date Fair Value$5,949,938
    Grant Date Stock Price$107.66
    Shares at Target55,266
    Performance MetricICE's 2023 EBITDA and TSR vs. S&P 500
    Threshold (EBITDA)85% of goal ($3,974M)
    Target (EBITDA)100% of goal ($4,676M)
    Maximum (EBITDA)113% of goal ($5,284M)
    Vesting ScheduleThree equal annual installments starting Feb 2024

    2. TSR-Based PSUs

    Metric [Unit]Value
    Grant DateFeb 3, 2023
    Grant Date Fair Value$5,949,938
    Grant Date Stock Price$107.66
    Shares at Target55,266
    Performance MetricICE's TSR vs. S&P 500
    Vesting ScheduleThree equal annual installments starting Feb 2024

    3. Deal Incentive PSUs

    Metric [Unit]Value
    Grant DateOct 4, 2023
    Grant Date Fair Value$8,000,000
    Shares at Target73,374
    Performance MetricRevenue and expense synergy targets
    Vesting ScheduleVests in three equal installments starting Feb 8, 2028

    4. Stock Option Awards

    Metric [Unit]Value
    Grant DateFeb 3, 2023
    Number of Options108,633
    Grant Date Fair Value$2,974,980
    Grant Date Stock Price$107.66
    Exercise Price$107.66
    Expiration DateFeb 3, 2033
    Vesting ScheduleVest ratably over three years following the grant date

    5. Non-Equity Incentive Bonus (Annual Executive Bonus Plan)

    Metric [Unit]Value
    Target Bonus Percentage250% of base salary (i.e., $3,125,000)
    Maximum Bonus200% of target (i.e., $6,250,000)
    Actual Payout$3,406,250 (109% of target)
    Performance MetricAdjusted Net Income
    Payment FormCash
    Evaluation PeriodBased on 2023 financial performance

    6. Value of Equity Awards Subject to Accelerated Vesting

    Metric [Unit]Value
    ComponentsEBITDA-Based PSUs, TSR-Based PSUs, Deal Incentive PSUs
    EBITDA-Based PSUs Result154.7% of target achieved
    Accelerated Vesting Value$42,090,414 on Change in Control
    Vesting DetailsEBITDA PSUs: 33.3% each on Feb 12, 2024; Feb 12, 2025; Feb 12, 2026; TSR PSUs: 100% vesting on Feb 3, 2026; Deal Incentive PSUs: Vest over a five-year schedule