MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Michael Sanderson, president and CEO of Instinet Corp. and chairman of Reuters America Holdings Inc.; Patrick Welsh, co-founder of Welsh Carson Anderson & Stowe; and Howard Lutnick, president of Cantor Fitzgerald, are among the six new members of the Nasdaq Stock Market's board of directors. The other new members are Michael Brown, CFO of Microsoft Corp.; John Tognino, executive vice president, trading and capital markets, Charles Schwab & Co.; and Leonard Abramson, founder and CEO of U.S

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