SR Labs Taps Lava Founder for CEO, Post-Wombat Buy

Abstract

New York-based low-latency data platform and feed handler provider SR Labs has appointed veteran technology industry executive Richard Korhammer as CEO, following its recent acquisition of the Wombat data platform business from Intercontinental Exchange's NYSE Technologies division. Korhammer, who takes on the role on Monday, September 8, is best known as the CEO and founder of order management and market data platform provider Lava Trading, which he sold to Citigroup, where he remained for two years following the sale as managing director of global equities electronic trading.