Intercontinental Exchange Management

Management criteria checks 2/4

Intercontinental Exchange's CEO is Jeff Sprecher, appointed in May 2000, has a tenure of 24.67 years. total yearly compensation is $27.55M, comprised of 4.5% salary and 95.5% bonuses, including company stock and options. directly owns 0.62% of the company’s shares, worth $533.78M. The average tenure of the management team and the board of directors is 8.7 years and 7.5 years respectively.

Key information

Jeff Sprecher

Chief executive officer

US$27.6m

Total compensation

CEO salary percentage	4.5%
CEO tenure	24.7yrs
CEO ownership	0.6%
Management average tenure	8.7yrs
Board average tenure	7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jeff Sprecher's remuneration changed compared to Intercontinental Exchange's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$2b
Jun 30 2024	n/a	n/a	US$2b
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$28m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$17m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$3b
Mar 31 2022	n/a	n/a	US$4b
Dec 31 2021	US$15m	US$1m	US$4b
Sep 30 2021	n/a	n/a	US$3b
Jun 30 2021	n/a	n/a	US$3b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$15m	US$1m	US$2b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$14m	US$1m	US$2b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$15m	US$1m	US$2b

Compensation vs Market: Jeff's total compensation ($USD27.55M) is above average for companies of similar size in the UK market ($USD5.70M).

Compensation vs Earnings: Jeff's compensation has increased by more than 20% in the past year.

CEO

Jeff Sprecher (69 yo)

24.7yrs

Tenure

US$27,550,872

Compensation

Mr. Jeffrey C. Sprecher, also known as Jeff, Founded Intercontinental Exchange, Inc. He has been the Chairman of Intercontinental Exchange, Inc. (ICE) since November 2002 and has been its Chief Executive O...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jeffrey Sprecher	Founder	24.7yrs	US$27.55m	0.62% $ 533.8m
Benjamin Jackson	President	7.2yrs	US$14.91m	0.024% $ 20.3m
A. Gardiner	Chief Financial Officer	3.7yrs	US$6.77m	0.0014% $ 1.2m
Christopher Edmonds	President of ICE Fixed Income & Data Services	11.2yrs	US$7.42m	0.00037% $ 318.3k
Lynn Martin	President of NYSE Group and Chair of ICE Fixed Income & Data Services	9.5yrs	US$6.56m	0.0068% $ 5.9m
Stuart Williams	Chief Operating Officer	2.5yrs	no data	0.00076% $ 653.9k
James Namkung	Chief Accounting Officer & Corporate Controller	6.9yrs	no data	0.0024% $ 2.1m
Mayur Kapani	Chief Technology Officer	8.7yrs	no data	0.0099% $ 8.5m
Douglas Foley	Senior Vice President of Human Resources & Administration	11.2yrs	no data	0.0029% $ 2.5m
Katia Gonzalez	Manager of Investor Relations	no data	no data	no data
Andrew Surdykowski	General Counsel	6.3yrs	no data	0.0065% $ 5.6m
David Goone	Chief Strategy Officer	23.8yrs	US$4.73m	no data

8.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 0JC3's management team is seasoned and experienced (8.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jeffrey Sprecher	Founder	24.7yrs	US$27.55m	0.62% $ 533.8m
Hester Serafini	President & Director of ICE Clear Europe	4.6yrs	no data	no data
Yi Shyan Lee	Chairman of ICE Futures Singapore & ICE Clear Singapore	8.2yrs	no data	no data
Thomas Noonan	Lead Independent Director	8.3yrs	US$409.95k	0.0032% $ 2.8m
Judith Sprieser	Independent Director	20.8yrs	US$512.80k	0.0043% $ 3.7m
Martha Tirinnanzi	Independent Director	2.8yrs	US$444.95k	0.00032% $ 275.3k
Richmond Lord Hague	Independent Director	9.3yrs	US$491.14k	0.0030% $ 2.6m
Mark Mulhern	Independent Director	4.1yrs	US$417.45k	0.0013% $ 1.1m
Caroline Silver	Independent Director	4.4yrs	US$491.87k	0.0014% $ 1.2m
Sharon Bowen	Independent Director	7.1yrs	US$459.95k	0.0022% $ 1.9m
Duriya Farooqui	Independent Director	7.8yrs	US$429.95k	0.0023% $ 2.0m
Shantella Cooper	Independent Director	4.1yrs	US$352.45k	0.0013% $ 1.1m

7.5yrs

Average Tenure

63yo

Average Age

Experienced Board: 0JC3's board of directors are considered experienced (7.5 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/04 11:05
End of Day Share Price	2025/01/03 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Intercontinental Exchange, Inc. is covered by 42 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stephen Biggar	Argus Research Company
Ishan Majumdar	Baptista Research
Benjamin Budish	Barclays

Intercontinental Exchange Management

Management criteria checks 2/4

Key information

Recent management updates

Intercontinental Exchange, Inc., Annual General Meeting, May 17, 2024

Intercontinental Exchange, Inc. Announces Executive Changes

Ice Group Appoints Erik Haugland as Head of Security from National Security Authority

Insider recently sold US$174k worth of stock

High number of new directors

Intercontinental Exchange, Inc. Announces Executive Changes

Recent updates

Now 20% overvalued

ICE Launches MSCI MarketAxess Tradable Corporate Bond Index Futures to Help Investors Hedge Corporate Bond Exposure

ICE Launches Long European Union Bond Index Futures

Fastmarkets and Intercontinental Exchange Launch Used Cooking Oil Futures Contract to Meet Rising Biofuel Demand

Upcoming dividend of US$0.45 per share

Now 21% overvalued after recent price rise

Third quarter dividend of US$0.45 announced

Third quarter 2024 earnings released: EPS: US$1.15 (vs US$0.96 in 3Q 2023)

Intercontinental Exchange Approves Fourth Quarter Dividend , Payable December 31, 2024

Intercontinental Exchange, Inc. and Dun & Bradstreet Holdings, Inc. to Launch Climate Data and Analytics for Broad Universe of Public and Private Companies

Intercontinental Exchange, Inc. Introduces Multi-Asset Class Climate Transition Risk Solution

Intercontinental Exchange, Inc. and IPC Systems Launch ICE Voice - a New Cloud-Based Audio Solution for Traders and Professional Investors

Now 20% overvalued after recent price rise

Upcoming dividend of US$0.45 per share

Intercontinental Exchange, Inc. Launches New Suite of Indices for Australian Residential Mortgage-Backed Securities Market

Intercontinental Exchange, Inc. and Open Introduce New Benchmark for Tracking Large U.S. Venture-Backed Unicorn

Now 20% overvalued after recent price rise

Second quarter dividend of US$0.45 announced

Intercontinental Exchange Approves Third Quarter Dividend, Payable on September 30, 2024

Second quarter 2024 earnings released: EPS: US$1.10 (vs US$1.43 in 2Q 2023)

Now 21% overvalued after recent price rise

Intercontinental Exchange, Inc. to Launch Treasury Clearing Service to Increase Transparency and Enhance Resilience in the U.S. Treasury Market

Upcoming dividend of US$0.45 per share

Now 20% overvalued

Now 22% overvalued

First quarter dividend of US$0.45 announced

Intercontinental Exchange Announces Dividend for the Second Quarter of 2024, Payable on June 28, 2024

First quarter 2024 earnings released: EPS: US$1.34 (vs US$1.17 in 1Q 2023)

Intercontinental Exchange, Inc. Introduces the MSP®? Digital Experience

Now 20% overvalued after recent price rise

Intercontinental Exchange, Inc., Annual General Meeting, May 17, 2024

Intercontinental Exchange, Inc. Adds to Property Valuation Toolkit for Housing Finance, Providing Homeowners and Buyers, Lenders and Investors with Comprehensive Approach to Today's Valuation Challenges

Upcoming dividend of US$0.45 per share

Intercontinental Exchange, Inc. to Report Q1, 2024 Results on May 02, 2024

Now 26% overvalued after recent price rise

Full year 2023 earnings released: EPS: US$4.20 (vs US$2.59 in FY 2022)

Intercontinental Exchange Announces 7% Increase to Its Quarterly Dividend, Payable on March 29, 2024

MSP® Loan Servicing System from ICE Now Offering Automated Lien Release Functionality

Upcoming dividend of US$0.42 per share at 1.5% yield

Intercontinental Exchange Launches Service to Help Identify and Monitor Entities and Securities Subject to Financial and Economic Sanctions Programs

Intercontinental Exchange Approves Fourth Quarter Dividend , Payable on December 29, 2023

New minor risk - Shareholder dilution

New major risk - Financial position

Third quarter 2023 earnings released: EPS: US$0.96 (vs US$0.34 loss in 3Q 2022)

Intercontinental Exchange, Inc. Announces Executive Changes

Intercontinental Exchange Introduces Suite of Broad European Equity Indices

Intercontinental Exchange, Inc. Announces to Launch CORSIA Carbon Credit Futures Market to Manage Emissions Exposure from Airlines

Upcoming dividend of US$0.42 per share at 1.5% yield

Intercontinental Exchange, Inc. (NYSE:ICE) competed the acquisition of Black Knight, Inc. (NYSE:BKI).

Ice Group Appoints Erik Haugland as Head of Security from National Security Authority

Intercontinental Exchange Announces Dividend for the Third Quarter of 2023, Payable on September 29, 2023

Second quarter 2023 earnings released: EPS: US$1.43 (vs US$0.99 in 2Q 2022)

ICE Expands Fixed Income Liquidity Offering with Relaunch of Enhanced Sweeps Protocol for Corporate Bonds

Upcoming dividend of US$0.42 per share at 1.5% yield

Insider recently sold US$174k worth of stock

First quarter 2023 earnings released: EPS: US$1.17 (vs US$1.17 in 1Q 2022)

Upcoming dividend of US$0.42 per share at 1.6% yield

Black Knight Reportedly to Shed Unit in Bid to Save $13 Billion Sale to Intercontinental Exchange

Intercontinental Exchange, Inc. Expands ESG Company Data in the Asia-Pacific Region

Full year 2022 earnings released: EPS: US$2.59 (vs US$7.22 in FY 2021)

Intercontinental Exchange Announces 11% Increase to its Quarterly Dividend, Payable on March 31, 2023

Intercontinental Exchange, Inc. Announces the Launch of ICE Digital Trade Documents

Upcoming dividend of US$0.38 per share

High number of new directors

Third quarter 2022 earnings released: US$0.34 loss per share (vs US$1.12 profit in 3Q 2021)

Intercontinental Exchange Announces Dividend for the Fourth Quarter of 2022, Payable on December 30, 2022

Intercontinental Exchange, Inc. Launches Real Time Pricing of Link North American Physical Crude Trade Data Bringing New Transparency and Further Establishing ICE in the Gulf Coast

Intercontinental Exchange, Inc. Plans to Launch FTSE(R) 100 Index Total Return Future

Now 21% undervalued after recent price drop