# Nasdaq, Inc.

> Alpha governed public record. Unknown, unavailable, and unpublished values are never inferred as zero.

## Record

| Field | Value |
| --- | --- |
| Representation | alpha-profile-markdown-v4 |
| Protocol | Alpha Governance Facts Protocol 0.1 |
| Schema | alpha.governance.entity.public.v1 |
| Record version | public-1:d751713988987e9331980363e24189ce:ro-d751713988987e9331980363e24189ce |
| Governance record representation | alpha-governance-record-v2 |
| Canonical entity | alpha:company:468ac45e-513e-4a36-91bf-1fac8341d90d |
| Entity type | Company |
| Canonical URL | https://registry.alpha.ac/companies/nasdaq |
| Publication | PUBLISHED |
| Verification | source_reported |
| Verification schema | alpha-verification-states-v1 |
| Ownership | unclaimed |
| Published claims | 36 |
| Claims under review | 1 |
| Evidence records | 9 |
| Conflicts | 0 |
| Conflicts in internal review | 0 |
| Observed | 2026-10-16T04:45:18.541654+00:00 |
| Last reviewed | 2026-10-16T04:45:18.541654+00:00 |

## Identity

- Legal name: NASDAQ, INC.
- Display name: Nasdaq, Inc.

## Alpha Governance Record

| Field | Value |
| --- | --- |
| Governance Record schema | alpha-governance-record-v2 |
| Ontology | alpha-governance-ontology-v1 |
| Record version | public-1:d751713988987e9331980363e24189ce:ro-d751713988987e9331980363e24189ce |
| As of | 2026-10-16T11:03:57.339668+00:00 |
| Completeness | 0.455 |
| Record Quality | 0.814 |
| Directors | 13 |
| Committees | 4 |
| Governance events | 4 |
| Entity class | public_company |

## Section coverage

| Section | State |
| --- | --- |
| identity | PUBLISHED |
| corporate_structure | NOT_REVIEWED |
| board | PUBLISHED |
| committees | PUBLISHED |
| leadership | PUBLISHED |
| ownership | NOT_REVIEWED |
| financials | NOT_REVIEWED |
| capital_structure | PUBLISHED |
| compensation | NOT_REVIEWED |
| governance | NOT_REVIEWED |
| shareholder_governance | NOT_REVIEWED |
| audit | NOT_REVIEWED |
| legal | NOT_REVIEWED |
| risk | NOT_REVIEWED |
| cyber | NOT_REVIEWED |
| ai_governance | NOT_REVIEWED |
| agent_governance | RESTRICTED |
| markets_external | PUBLISHED |
| events | PUBLISHED |
| relationships | PUBLISHED |
| assessments | PUBLISHED |
| evidence | PUBLISHED |

## Board

- Adena T. Friedman: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Finance (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:19
- Al Zollar: Board Director. Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:9
- Alfred W. Zollar: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Audit & Risk (member); Nominating & Governance (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:14
- Charlene T. Begley: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Audit & Risk (member); Nominating & Governance (chair). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:14
- Essa Kazim: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Finance (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:19
- Holden Spaht: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Finance (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:19
- Jeffery W. Yabuki: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Management Compensation (chair); Nominating & Governance (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:25
- Johan Torgeby: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Finance (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:19
- Kathryn A. Koch: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Management Compensation (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:25
- Melissa M. Arnoldi: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Finance (member); Management Compensation (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:19
- Michael R. Splinter: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Management Compensation (member); Nominating & Governance (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:25
- Thomas A. Kloet: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Audit & Risk (chair). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:14
- Toni Townes-Whitley: Director (committee appointment). Status: unknown. Independent: NOT_PUBLISHED. Since: NOT_PUBLISHED. Committees: Audit & Risk (member); Management Compensation (member). claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:14

## Committees

- Audit & Risk (audit). Chair: Thomas A. Kloet. Members: Thomas A. Kloet (chair, current); Alfred W. Zollar (member, current); Charlene T. Begley (member, current); Toni Townes-Whitley (member, current). committee_id=alpha:committee:nasdaq:audit-risk
- Finance (finance). Chair: NOT_PUBLISHED. Members: Adena T. Friedman (member, current); Essa Kazim (member, current); Holden Spaht (member, current); Johan Torgeby (member, current); Melissa M. Arnoldi (member, current). committee_id=alpha:committee:nasdaq:finance
- Management Compensation (compensation). Chair: Jeffery W. Yabuki. Members: Jeffery W. Yabuki (chair, current); Kathryn A. Koch (member, current); Melissa M. Arnoldi (member, current); Michael R. Splinter (member, current); Toni Townes-Whitley (member, current). committee_id=alpha:committee:nasdaq:management-compensation
- Nominating & Governance (nominating_governance). Chair: Charlene T. Begley. Members: Charlene T. Begley (chair, current); Alfred W. Zollar (member, current); Jeffery W. Yabuki (member, current); Michael R. Splinter (member, current). committee_id=alpha:committee:nasdaq:nominating-governance

## Executive leadership

- Adena T. Friedman: Chair and CEO [CEO]. Status: current. claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:10
- P.C. Nelson Griggs: President [PRESIDENT]. Status: current. claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:11
- Sarah Youngwood: EVP and CFO [CFO]. Status: current. claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:12
- Tal Cohen: President [PRESIDENT]. Status: current. claim_id=alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:13

## Governance events

- CEO_CHANGED: Adena T. Friedman executive of Nasdaq, Inc., effective 2026-04-24. Effective: 2026-04-24. Detected: 2026-10-16T04:45:18.541654+00:00. event_id=alpha:event:transition:iq29vjqo6wsf
- EXECUTIVE_APPOINTED: P.C. Nelson Griggs executive of Nasdaq, Inc., effective 2026-04-24. Effective: 2026-04-24. Detected: 2026-10-16T04:45:18.541654+00:00. event_id=alpha:event:transition:1bhf51817r36kg
- CFO_CHANGED: Sarah Youngwood executive of Nasdaq, Inc., effective 2026-04-24. Effective: 2026-04-24. Detected: 2026-10-16T04:45:18.541654+00:00. event_id=alpha:event:transition:rgd1wk1rjkpja
- EXECUTIVE_APPOINTED: Tal Cohen executive of Nasdaq, Inc., effective 2026-04-24. Effective: 2026-04-24. Detected: 2026-10-16T04:45:18.541654+00:00. event_id=alpha:event:transition:9g2pcj1t103r9

## Scoped resources

- `alpha://company/nasdaq` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record
- `alpha://company/nasdaq/identity` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=identity
- `alpha://company/nasdaq/corporate-structure` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=corporate-structure
- `alpha://company/nasdaq/board` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=board
- `alpha://company/nasdaq/committees` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=committees
- `alpha://company/nasdaq/leadership` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=leadership
- `alpha://company/nasdaq/ownership` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=ownership
- `alpha://company/nasdaq/financials` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=financials
- `alpha://company/nasdaq/capital-structure` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=capital-structure
- `alpha://company/nasdaq/compensation` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=compensation
- `alpha://company/nasdaq/governance` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=governance
- `alpha://company/nasdaq/shareholder-governance` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=shareholder-governance
- `alpha://company/nasdaq/audit` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=audit
- `alpha://company/nasdaq/legal` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=legal
- `alpha://company/nasdaq/risk` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=risk
- `alpha://company/nasdaq/cyber` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=cyber
- `alpha://company/nasdaq/ai-governance` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=ai-governance
- `alpha://company/nasdaq/agents` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=agents
- `alpha://company/nasdaq/ecosystem` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=ecosystem
- `alpha://company/nasdaq/events` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=events
- `alpha://company/nasdaq/relationships` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=relationships
- `alpha://company/nasdaq/assessments` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=assessments
- `alpha://company/nasdaq/evidence` (contract): https://registry.alpha.ac/api/public/companies/nasdaq?format=record&section=evidence

## Role modules

- NOT_ASSERTED

## Attention

- NO_RECORDS_FOUND

## Committee data

- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:15: `{"kind":"committee_appointment","original_name":"Audit & Risk","category":"audit","role":"chair","person":{"alpha_id":"alpha:person:thomas-a-kloet","name":"Thomas A. Kloet"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:16: `{"kind":"committee_appointment","original_name":"Audit & Risk","category":"audit","role":"member","person":{"alpha_id":"alpha:person:alfred-w-zollar","name":"Alfred W. Zollar"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:17: `{"kind":"committee_appointment","original_name":"Audit & Risk","category":"audit","role":"member","person":{"alpha_id":"alpha:person:charlene-t-begley","name":"Charlene T. Begley"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:18: `{"kind":"committee_appointment","original_name":"Audit & Risk","category":"audit","role":"member","person":{"alpha_id":"alpha:person:toni-townes-whitley","name":"Toni Townes-Whitley"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:20: `{"kind":"committee_appointment","original_name":"Finance","category":"other","role":"member","person":{"alpha_id":"alpha:person:adena-t-friedman","name":"Adena T. Friedman"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:21: `{"kind":"committee_appointment","original_name":"Finance","category":"other","role":"member","person":{"alpha_id":"alpha:person:essa-kazim","name":"Essa Kazim"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:22: `{"kind":"committee_appointment","original_name":"Finance","category":"other","role":"member","person":{"alpha_id":"alpha:person:holden-spaht","name":"Holden Spaht"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:23: `{"kind":"committee_appointment","original_name":"Finance","category":"other","role":"member","person":{"alpha_id":"alpha:person:johan-torgeby","name":"Johan Torgeby"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:24: `{"kind":"committee_appointment","original_name":"Finance","category":"other","role":"member","person":{"alpha_id":"alpha:person:melissa-m-arnoldi","name":"Melissa M. Arnoldi"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:26: `{"kind":"committee_appointment","original_name":"Management Compensation","category":"compensation","role":"chair","person":{"alpha_id":"alpha:person:jeffery-w-yabuki","name":"Jeffery W. Yabuki"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:27: `{"kind":"committee_appointment","original_name":"Management Compensation","category":"compensation","role":"member","person":{"alpha_id":"alpha:person:kathryn-a-koch","name":"Kathryn A. Koch"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:28: `{"kind":"committee_appointment","original_name":"Management Compensation","category":"compensation","role":"member","person":{"alpha_id":"alpha:person:melissa-m-arnoldi","name":"Melissa M. Arnoldi"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:29: `{"kind":"committee_appointment","original_name":"Management Compensation","category":"compensation","role":"member","person":{"alpha_id":"alpha:person:michael-r-splinter","name":"Michael R. Splinter"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:30: `{"kind":"committee_appointment","original_name":"Management Compensation","category":"compensation","role":"member","person":{"alpha_id":"alpha:person:toni-townes-whitley","name":"Toni Townes-Whitley"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:32: `{"kind":"committee_appointment","original_name":"Nominating & Governance","category":"nominating_governance","role":"chair","person":{"alpha_id":"alpha:person:charlene-t-begley","name":"Charlene T. Begley"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:33: `{"kind":"committee_appointment","original_name":"Nominating & Governance","category":"nominating_governance","role":"member","person":{"alpha_id":"alpha:person:alfred-w-zollar","name":"Alfred W. Zollar"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:34: `{"kind":"committee_appointment","original_name":"Nominating & Governance","category":"nominating_governance","role":"member","person":{"alpha_id":"alpha:person:jeffery-w-yabuki","name":"Jeffery W. Yabuki"},"source_id":"board_seats"}`
- Claim alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:35: `{"kind":"committee_appointment","original_name":"Nominating & Governance","category":"nominating_governance","role":"member","person":{"alpha_id":"alpha:person:michael-r-splinter","name":"Michael R. Splinter"},"source_id":"board_seats"}`

## Leadership

- Al Zollar: Board Director. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:9. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:document:86d57d296604229fcdcb1a2016a1818e91b8870aaf28d90c1318a334f421f368.
- Adena T. Friedman: Chair and CEO. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:10. Valid from: 2026-04-24. Valid to: NOT_ASSERTED. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:document:30d0fa185eff9bd55d5f855e7f8d5d2668127c28b4009e963d2bb5f6b58d0f63.
- P.C. Nelson Griggs: President. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:11. Valid from: 2026-04-24. Valid to: NOT_ASSERTED. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:document:5c64b1fd4085f756e4e3decbdb41175469d5f01bfdb4034d9aab87dd7e767eaa.
- Sarah Youngwood: EVP and CFO. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:12. Valid from: 2026-04-24. Valid to: NOT_ASSERTED. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:document:c5acb2f6d566f5b6bd3b76d1ec9666237b665241352fc9521eb6211db5d70df4.
- Tal Cohen: President. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:leadership_role:13. Valid from: 2026-04-24. Valid to: NOT_ASSERTED. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:document:f99f532fbd6de3fa691a3cd702a9be503cc976bee0807bc0e4a15995ad913792.

## Roles

- PUBLISHED

## Governance

- NOT_ASSERTED

## Board committees

- Audit & Risk: Chair Thomas A. Kloet; Members Thomas A. Kloet (Chair); Alfred W. Zollar; Charlene T. Begley; Toni Townes-Whitley. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:14. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Finance: Chair not stated; Members Adena T. Friedman; Essa Kazim; Holden Spaht; Johan Torgeby; Melissa M. Arnoldi. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:19. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Management Compensation: Chair Jeffery W. Yabuki; Members Jeffery W. Yabuki (Chair); Kathryn A. Koch; Melissa M. Arnoldi; Michael R. Splinter; Toni Townes-Whitley. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:25. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Nominating & Governance: Chair Charlene T. Begley; Members Charlene T. Begley (Chair); Alfred W. Zollar; Jeffery W. Yabuki; Michael R. Splinter. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_record:31. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.

## Financials

- NOT_ASSERTED

## Workforce

- NOT_ASSERTED

## Market and index context

- S&P 500 (SPX). Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:index_membership:36. Valid from: 2008-10-22. Valid to: NOT_ASSERTED. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:827a22a1567eda11fa866650563f33918ee2975144378fa7fd6f46399da5427a.

## Legal Name

- NASDAQ, INC.. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:legal_name:1. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:ac539622107a9ab87f590308bfd778ec4acd2b77f0eca924460fcb154e547496.

## Entity Status

- Public listing published. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:entity_status:3. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:ac539622107a9ab87f590308bfd778ec4acd2b77f0eca924460fcb154e547496.

## Official Website

- https://www.nasdaq.com. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:official_website:4. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:c52d84feb7624a1e1d3527d2f390372280d6861c8923bf3e45200d264c6c0e4e.

## Published Fact

- US. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:published_fact:5. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:ac539622107a9ab87f590308bfd778ec4acd2b77f0eca924460fcb154e547496.
- DE. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:published_fact:6. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:ac539622107a9ab87f590308bfd778ec4acd2b77f0eca924460fcb154e547496.
- Financials. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:published_fact:7. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:ac539622107a9ab87f590308bfd778ec4acd2b77f0eca924460fcb154e547496.
- https://www.nasdaq.com. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:published_fact:8. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:c52d84feb7624a1e1d3527d2f390372280d6861c8923bf3e45200d264c6c0e4e.

## Committee Appointment

- Thomas A. Kloet: chair, Audit & Risk. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:15. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Alfred W. Zollar: member, Audit & Risk. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:16. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Charlene T. Begley: member, Audit & Risk. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:17. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Toni Townes-Whitley: member, Audit & Risk. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:18. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Adena T. Friedman: member, Finance. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:20. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Essa Kazim: member, Finance. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:21. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Holden Spaht: member, Finance. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:22. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Johan Torgeby: member, Finance. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:23. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Melissa M. Arnoldi: member, Finance. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:24. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Jeffery W. Yabuki: chair, Management Compensation. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:26. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Kathryn A. Koch: member, Management Compensation. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:27. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Melissa M. Arnoldi: member, Management Compensation. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:28. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Michael R. Splinter: member, Management Compensation. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:29. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Toni Townes-Whitley: member, Management Compensation. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:30. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Charlene T. Begley: chair, Nominating & Governance. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:32. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Alfred W. Zollar: member, Nominating & Governance. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:33. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Jeffery W. Yabuki: member, Nominating & Governance. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:34. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.
- Michael R. Splinter: member, Nominating & Governance. Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:committee_appointment:35. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686.

## Security Listing

- NDAQ (NASDAQ). Claim: alpha:claim:company:468ac45e-513e-4a36-91bf-1fac8341d90d:security_listing:37. Publication: PUBLISHED. Verification: source_reported. Assertion: source_reported. Evidence: alpha:projection-evidence:ac539622107a9ab87f590308bfd778ec4acd2b77f0eca924460fcb154e547496.

## Coverage states

| Field | Value |
| --- | --- |
| Identity | PUBLISHED |
| Business | PUBLISHED |
| Leadership | PUBLISHED |
| Board and committees | PUBLISHED |
| Governance | NOT_ASSERTED |
| Financials | NOT_ASSERTED |
| Workforce | NOT_ASSERTED |
| Ownership | NOT_ASSERTED |
| Ratings | NOT_PUBLISHED |
| Market and index context | PUBLISHED |

## Public sources

- alpha:projection-evidence:ac539622107a9ab87f590308bfd778ec4acd2b77f0eca924460fcb154e547496: [Alpha canonical company public projection](https://www.alpha.ac/api/public/companies/nasdaq).
- alpha:projection-evidence:c52d84feb7624a1e1d3527d2f390372280d6861c8923bf3e45200d264c6c0e4e: [NASDAQ, INC. Form 10-K (filed 2026-02-12)](https://www.sec.gov/Archives/edgar/data/1120193/000162828026007703/ndaq-20251231.htm).
- alpha:projection-evidence:document:86d57d296604229fcdcb1a2016a1818e91b8870aaf28d90c1318a334f421f368: [Alpha Agentic Economy Summit confirmed speaker record](https://www.alpha.ac/events/AlphaSummit26).
- alpha:projection-evidence:document:30d0fa185eff9bd55d5f855e7f8d5d2668127c28b4009e963d2bb5f6b58d0f63: [NDAQ DEF 14A executive officers](https://www.sec.gov/Archives/edgar/data/1120193/000162828026027245/ndaq-20260424.htm).
- alpha:projection-evidence:document:5c64b1fd4085f756e4e3decbdb41175469d5f01bfdb4034d9aab87dd7e767eaa: [NDAQ DEF 14A executive officers](https://www.sec.gov/Archives/edgar/data/1120193/000162828026027245/ndaq-20260424.htm).
- alpha:projection-evidence:document:c5acb2f6d566f5b6bd3b76d1ec9666237b665241352fc9521eb6211db5d70df4: [NDAQ DEF 14A executive officers](https://www.sec.gov/Archives/edgar/data/1120193/000162828026027245/ndaq-20260424.htm).
- alpha:projection-evidence:document:f99f532fbd6de3fa691a3cd702a9be503cc976bee0807bc0e4a15995ad913792: [NDAQ DEF 14A executive officers](https://www.sec.gov/Archives/edgar/data/1120193/000162828026027245/ndaq-20260424.htm).
- alpha:projection-evidence:768842b42c1d2ca0ac93f188563cf8e9162792960ab0a9daa538ea528fba2686: [Audit & Risk](https://www.sec.gov/Archives/edgar/data/1120193/000162828026027245/ndaq-20260424.htm).
- alpha:projection-evidence:827a22a1567eda11fa866650563f33918ee2975144378fa7fd6f46399da5427a: [S&P 500](https://www.slickcharts.com/sp500).

## Rights

| Field | Value |
| --- | --- |
| public_retrieval | allowed |
| agent_retrieval | allowed |
| redistribution | not_granted |
| model_training | not_granted |
| commercial_use | not_specified |
| relationship_pathfinding | not_granted |
| direct_contact | not_granted |

## Limitations

- Absence of a leadership role, committee, or disclosure is not evidence that it does not exist.
- Only explicitly published canonical company identity and current confirmed public roles are included.
- Absence of a board, committee, executive, listing, or claim is not evidence that it does not exist.
- Public retrieval does not grant redistribution, model-training, direct-contact, or relationship-pathfinding rights.
- This Company Profile is an identity and evidence record, not an Alpha rating.

## Alternate representations

- [Canonical profile](https://registry.alpha.ac/companies/nasdaq)
- [Public Markdown](https://registry.alpha.ac/companies/nasdaq.md)
- [Public JSON](https://registry.alpha.ac/api/public/companies/nasdaq?format=record)
- [JSON-LD](https://registry.alpha.ac/api/public/companies/nasdaq?format=jsonld)
- MCP resource: `alpha://companies/nasdaq` at https://mcp.alpha.ac/mcp


## Connected governance records

Only explicitly published, rights-cleared records. Missing records do not establish absence, safety, or complete coverage.

## Critical-risk oversight

Snapshot as of 2026-10-16T11:03:56.921974+00:00; recorded 2026-10-16T11:03:56.921974+00:00. Every published assignment for this snapshot is listed.
Only explicitly reviewed, rights-cleared assignments in effect on the as-of date, in the company's own wording.
An assignment shows where oversight is placed, not whether it is effective. Missing records do not establish absence.