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ASX Limited (ASX:ASX)

ALERT: Price-sensitive ASX Announcement for ASX
Current share price for ASX : $52.250 -4.1 (-7.28%)+
Announcement
Release
10 Feb 2026 6:18PM
Price at Release
$56.350
Full Release
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Summary
ASX Limited has announced that its Managing Director and CEO, Helen Lofthouse, will step down in May 2026 after an eleven-year tenure. Lofthouse, who became CEO in 2022, played a pivotal role in resetting the CHESS project and driving significant technology enhancements and risk management improvements at ASX. With the first phase of the CHESS project nearing completion, both Lofthouse and the Board agreed that it was an opportune time for new leadership to guide ASX into its next phase of transformation. The ASX Board, under the chairmanship of David Clarke, has engaged Korn Ferry to conduct a comprehensive search for the next CEO, which will include considering both internal and external candidates. Despite the leadership transition, ASX remains committed to its strategic initiatives and maintains confidence in its executive leadership team's capability to manage the organization during this period.
Key Points
  • Helen Lofthouse to step down as CEO in May 2026.
  • Lofthouse became CEO in 2022 and reset the CHESS project.
  • CHESS project is targeting go-live in April 2026.
  • ASX Chair David Clarke praised Lofthouse's leadership during challenging times.
  • Board and Lofthouse agree on the timing for new leadership.
  • Korn Ferry engaged for global CEO search, including internal candidates.
  • ASX maintains strategic priorities and executive team accountability.
  • ASX aims to ensure reliable and resilient market infrastructure.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.