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DE
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13-4098266
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(State or other jurisdiction of
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(IRS Employer
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incorporation)
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Identification No.)
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[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Information to be included in the report
Section 5.02 (c). On October 24, 2006, the Company also announced that it has appointed Kenneth Shifrin, the Senior Vice President of Finance, as the Company's Chief Financial Officer.
The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
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NYMEX Holdings, Inc.
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Date: October 24, 2006
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By:
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/s/ Richard Kerschner
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Richard Kerschner
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SVP -- Corporate Governance and Strategic Initiatives
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Exhibit No.
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Description
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EX-99.1
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Press Release
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FOR IMMEDIATE RELEASE
Contact: Anu Ahluwalia
(212) 299-2439
NYMEX APPOINTS KENNETH SHIFRIN AS CHIEF FINANCIAL OFFICER
New York, NY, October 24, 2006 -- NYMEX Holdings, Inc., parent company of the New York Mercantile Exchange, Inc., announced today that it has named Kenneth Shifrin as its Chief Financial Officer.
Mr. Shifrin succeeds Jerome Bailey, who has resigned from NYMEX after serving as CFO and Chief Operating Officer. Mr. Bailey will act as an advisor to the company through its initial public offering.
"We are very pleased to have Ken assume this role on NYMEX's senior executive team," said NYMEX President and Chief Executive Officer James E. Newsome. "Ken's in-depth knowledge of the various aspects of our business will be an enormous asset to all of our constituencies as we continue moving NYMEX forward. We thank Jerry for his tireless service to NYMEX and appreciate his willingness to act as an advisor to the company through its initial public offering.
Mr. Shifrin joined NYMEX in January 2004, most recently serving as Senior Vice President of Finance. Previously, he held senior financial management positions at Electronic Broking Systems, Gateway Logistics and Hirsch International. Mr. Shifrin, a Certified Public Accountant, holds a Masters of Business Administration degree in accounting from Adelphi University and a Bachelor of Arts degree in economics from the State University of New York at Stony Brook.
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Forward Looking and Cautionary Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to our future performance, operating results, strategy, and other future events. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, and similar words and terms, in connection with any discussion of future results. Forward-looking statements involve a number of assumptions, risks, and uncertainties, any of which may cause actual results to differ materially from the anticipated, estimated, or projected results referenced in forward-looking statements. In particular, the forward-looking statements of NYMEX Holdings, Inc., and its subsidiaries are subject to the following risks and uncertainties: the success and timing of new futures contracts and products; changes in political, economic, or industry conditions; the unfavorable resolution of material legal proceedings; the impact and timing of technological cha nges and the adequacy of intellectual property protection; the impact of legislative and regulatory actions, including without limitation, actions by the Commodity Futures Trading Commission; and terrorist activities and international hostilities, which may affect the general economy as well as oil and other commodity markets. We assume no obligation to update or supplement our forward-looking statements.