In ICE-NYSE deal, one CEO steps back, the other rises

Duncan Niederauer, the chief executive of New York Stock Exchange operator NYSE Euronext, once boldly proclaimed that his company could not be acquired.

Last year, even when Niederauer was prepared to sell his company to Deutsche Boerse, he insisted that he be chief executive of the combined company. The deal ended up being quashed by German regulators.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1109859/ice-nyse-deal-one-ceo-steps-back-other-rises