Gary Katz (ISE)

Gary Katz is a founder and Chief Operating Officer of International Securities Exchange, LLC and ISE Holdings. He also represents ISE, LLC on the Board of Directors of The Options Clearing Corporation.

Katz was one of the principal developers of the ISE's unique market structure – an auction market on an electronic platform.

From 1997 to 1998, he was President and co-founder of K-Squared Research, LLC, a financial services consulting firm. From 1986 to 1997, Katz served in the Options and Index Products Division at the New York Stock Exchange where he became Managing Director. There he oversaw the research and development of new options products and spearheaded a marketing program for the promotion of NYSE options products. During his tenure at NYSE, Katz also was a co-founder of The Options Industry Council, a trade group dedicated to promoting the equity options sector through the education of the investing public. Prior to 1986, Katz was an actuary with the Equitable Life Assurance Company and is an Associate of the Society of Actuaries.

Katz formerly was an Adjunct Professor of Statistics at the Stern School of Business, New York University, where he conducted classes in business mathematics applications and also taught classes in options strategies and pricing at the New York Institute of Finance. Katz has an M.S. in Statistics with Distinction from New York University and a B.A. from Queens College.

In April 2007, the ISE announced the intended retirement of its Chief Executive Officer, David Krell, as of January 1, 2008. Gary Katz was named as Krell's successor in this role.