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TMX Group CEO Tom Kloet speaks during a news conference regarding the merger of the TSX and the London Stock Exchange (LSE) in Toronto on February 9, 2011. (MARK BLINCH/REUTERS)
TMX Group CEO Tom Kloet speaks during a news conference regarding the merger of the TSX and the London Stock Exchange (LSE) in Toronto on February 9, 2011. (MARK BLINCH/REUTERS)

TMX extends CEO Tom Kloet’s contract by two months Add to ...

TMX Group Ltd has extended the contract of its retiring chief executive officer until the end of October, the owner of Canada’s main stock exchange operator said on Tuesday.

Tom Kloet, who had been due to retire at the end of August, agreed to stay until the end of October, the company said in a statement.

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Sources told Reuters last week that Kloet was likely to stay on for longer as the search for a replacement continued.

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