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State Street, Crossover Markets, Clear Street, and More: Executive Moves of the Week

Published 2 months ago10 minute read

Sunday, 04/05/2025 | 04:00 GMT by Jared Kirui

executive-moves-of-the-week

In our weekly executive moves coverage, State Street and Crossover Markets have both been named new Chief Financial Officers. Matthew Cousens joined Clear Street to lead its electronic execution operations across Europe, the Middle East, and Africa.

Meanwhile, Holmes returned to INFINOX as CEO, as FxPro’s COO departed to join Equiti Dubai as the Group Head of Trading.

State Street Corporation named longtime finance executive John Woods its next Chief Financial Officer. Woods, who will join the firm in late August, brings a 38-year career in financial leadership to one of the world’s major custodians of institutional assets.

John Woods, Source: Finance Magnates

Woods will succeed Mark Keating, who has held the CFO position on an interim basis since February. Upon his arrival, Woods will report directly to State Street Chairman and CEO Ron O’Hanley. Keating, meanwhile, will continue as CFO of the firm’s largest business unit, Investment Services.

Show more about State Street's appointment of John Woods as the new Chief Finance Officer.

Another company welcoming a new CFO is Crossover Markets Group. The firm, which offers a cryptocurrency electronic communication network (ECN) among other technologies, hired Kevin Wolf into the role.

Wolf has been associated with the company since June 2024 and was most recently CFO at the American Financial Exchange. Wolf’s appointment came within a year after Crossover secured $12 million in a Series A funding round.

Kevin Wolf

Highlight more about Crossover Markets' appointment of Kevin Wolf as new CFO.

Also this week, Clear Street, a prime brokerage and financial infrastructure firm, tapped Matthew Cousens to lead its electronic execution operations across Europe, the Middle East, and Africa.

Matthew Cousens, Source: LinkedIn

Based in London, Cousens will focus on building out the company’s execution capabilities to serve institutional clients in the region better. The move is part of Clear Street’s expansion of services outside the United States.

Disclose more about Clear Street's appointment of Matthew Cousens.

FCA-regulated broker INFINOX Capital enlisted Lee Holmes as CEO. The appointment marks a return to INFINOX for Holmes, who previously served in an executive management role at the company from May 2022 to April 2023.

Lee Holmes, Source: LinkedIn

Before rejoining INFINOX in September 2024, Holmes served as Senior Manager for Liquidity Sales at Exinity and previously held the role of Head of Institutional Sales at Hantec Markets. His career also includes significant experience at ATFX UK and FXCM, where he worked in institutional and introducing broker sales roles.

Learn more about Holmes' return to INFINOX as CEO.

Lastly, Yiannos Xenophontos has left FxPro after over 14 years to join Equiti Dubai as the Group Head of Trading. At FxPro, he was most recently the Group Chief Operating Officer and Head of Dealing on Own Account.

Yiannos Xenophontos

Xenophontos joined FxPro in mid-2010 as a Forex Dealer at the broker’s execution department. He later climbed the corporate ladder to become the Assistant Chief Dealer and then the Group Chief Dealer for Trading Operations.

Explore more about Yiannos Xenophontos' exit from FxPro.

In our weekly executive moves coverage, State Street and Crossover Markets have both been named new Chief Financial Officers. Matthew Cousens joined Clear Street to lead its electronic execution operations across Europe, the Middle East, and Africa.

Meanwhile, Holmes returned to INFINOX as CEO, as FxPro’s COO departed to join Equiti Dubai as the Group Head of Trading.

State Street Corporation named longtime finance executive John Woods its next Chief Financial Officer. Woods, who will join the firm in late August, brings a 38-year career in financial leadership to one of the world’s major custodians of institutional assets.

John Woods, Source: Finance Magnates

Woods will succeed Mark Keating, who has held the CFO position on an interim basis since February. Upon his arrival, Woods will report directly to State Street Chairman and CEO Ron O’Hanley. Keating, meanwhile, will continue as CFO of the firm’s largest business unit, Investment Services.

Show more about State Street's appointment of John Woods as the new Chief Finance Officer.

Another company welcoming a new CFO is Crossover Markets Group. The firm, which offers a cryptocurrency electronic communication network (ECN) among other technologies, hired Kevin Wolf into the role.

Wolf has been associated with the company since June 2024 and was most recently CFO at the American Financial Exchange. Wolf’s appointment came within a year after Crossover secured $12 million in a Series A funding round.

Kevin Wolf

Highlight more about Crossover Markets' appointment of Kevin Wolf as new CFO.

Also this week, Clear Street, a prime brokerage and financial infrastructure firm, tapped Matthew Cousens to lead its electronic execution operations across Europe, the Middle East, and Africa.

Matthew Cousens, Source: LinkedIn

Based in London, Cousens will focus on building out the company’s execution capabilities to serve institutional clients in the region better. The move is part of Clear Street’s expansion of services outside the United States.

Disclose more about Clear Street's appointment of Matthew Cousens.

FCA-regulated broker INFINOX Capital enlisted Lee Holmes as CEO. The appointment marks a return to INFINOX for Holmes, who previously served in an executive management role at the company from May 2022 to April 2023.

Lee Holmes, Source: LinkedIn

Before rejoining INFINOX in September 2024, Holmes served as Senior Manager for Liquidity Sales at Exinity and previously held the role of Head of Institutional Sales at Hantec Markets. His career also includes significant experience at ATFX UK and FXCM, where he worked in institutional and introducing broker sales roles.

Learn more about Holmes' return to INFINOX as CEO.

Lastly, Yiannos Xenophontos has left FxPro after over 14 years to join Equiti Dubai as the Group Head of Trading. At FxPro, he was most recently the Group Chief Operating Officer and Head of Dealing on Own Account.

Yiannos Xenophontos

Xenophontos joined FxPro in mid-2010 as a Forex Dealer at the broker’s execution department. He later climbed the corporate ladder to become the Assistant Chief Dealer and then the Group Chief Dealer for Trading Operations.

Explore more about Yiannos Xenophontos' exit from FxPro.

Jared is an experienced financial journalist passionate about all things forex and CFDs.

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In this video, we take a closer look at XM (@xmglobal ) a globally recognized online broker, serving over 15 million clients worldwide. We cover their trading model, account types, fees, and the different instruments available for trading. You’ll also learn about XM’s regulation, security, educational tools, and how their platforms work. Watch the full video to get a detailed review and find out if XM is right for your trading style. 👉 Don't forget to check out the full XM Review Listing on the Finance Magnates Directory at: https://directory.financemagnates.com/forex-brokers/xmcom/ #XM #XMReview #Forex #FinanceMagnates #ForexBroker #forexreview #xmbrokerreview

In this video, we take a closer look at XM (@xmglobal ) a globally recognized online broker, serving over 15 million clients worldwide. We cover their trading model, account types, fees, and the different instruments available for trading. You’ll also learn about XM’s regulation, security, educational tools, and how their platforms work. Watch the full video to get a detailed review and find out if XM is right for your trading style. 👉 Don't forget to check out the full XM Review Listing on the Finance Magnates Directory at: https://directory.financemagnates.com/forex-brokers/xmcom/ #XM #XMReview #Forex #FinanceMagnates #ForexBroker #forexreview #xmbrokerreview

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