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HUMAN FACTORS

NYMEX NAMES NEW COO

The New York Mercantile Exchange (Nymex) has hired Jerome Bailey as its chief operating officer (COO) and chief financial officer (CFO). Bailey will manage all of the financial functions of Nymex, including the treasury, purchasing, market data, and the office of the controller. In addition, he will oversee the marketing, research, clearing and operations departments. Bailey, who has more than 25 years of industry experience, joins Nymex from Marsh, where he served as CFO

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The Waters Cooler: What is going on?

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