MIAMI INTERNATIONAL HOLDINGS INC (MIAX)
Sector: Financials
Sector: Financials
MIAMI INTERNATIONAL HOLDINGS INC - Executive Compensation
Executive Vice President and Chief Information Officer
Executive Compensation
Douglas M. Schafer Jr. is the Executive Vice President and Chief Information Officer at Miami International Holdings Inc. (MIH), a leading innovator in global financial markets, operating MIAX Exchange, MIAX Pearl, MIAX Emerald, Minneapolis Grain Exchange, and LedgerX. In this pivotal role, Schafer oversees the company's comprehensive IT strategy, including infrastructure, cybersecurity, data management, and digital transformation initiatives. He plays a critical role in supporting MIH's high-performance trading platforms, ensuring low-latency operations, regulatory compliance, and scalability to meet the demands of institutional and retail traders worldwide. With more than 25 years of experience in information technology within the financial services sector, Schafer brings a proven track record of building resilient, cutting-edge systems. Prior to joining MIH in 2017 as Senior Vice President of IT—where he was quickly promoted to his current executive position—he held senior leadership roles at prominent firms such as TMX Atrium and NASDAQ OMX, spearheading the development and migration of mission-critical trading infrastructures. His achievements include implementing advanced low-latency network architectures, enhancing cybersecurity frameworks to mitigate evolving threats, and leading cloud migration projects that improved operational efficiency by over 40% at previous organizations. Under Schafer's leadership, MIH has expanded its technological footprint, launching innovative products like MIAX Pearl Equities and bolstering its derivatives offerings through robust IT integrations. A recognized industry expert, he frequently speaks at conferences on fintech trends and exchange technology, contributing to MIH's reputation as a forward-thinking leader in electronic trading and clearing solutions.