Personnel Changes at Nasdaq Reflect Technology Transition

MANAGEMENT & INFRASTRUCTURE

NEW YORK--Perhaps in preparation for some of its weighty technological endeavors, Nasdaq has announced significant changes to its organizational structure.

The most noteworthy change is the announcement that Frank Zarb, currently the chairman and chief executive officer of the National Association of Securities Dealers and Nasdaq, has accepted the offer to extend his contract in those positions with Nasdaq for another year. Having already extended these positions until February 2001, he now

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