CHICAGO, Dec. 6, 2023
/PRNewswire/ -- CME Group today announced that it will extend
Chairman and Chief Executive Officer Terry
Duffy's tenure through December 31,
2025, in an amended contract agreement the Board approved
today.
"Given his skillful leadership and unparalleled knowledge of our
business, Terry is uniquely qualified to continue transforming our
company for future success, while ensuring we maintain a strategic
focus on generating new growth, delivering long-term value, and
developing the next leaders of our organization," said Lead
Independent Board Director Dennis A.
Suskind. "The Board has determined retaining Terry in his
current role at the helm of CME Group for another year is in the
best interest of our company and shareholders. We are extremely
pleased he has agreed to continue serving as Chairman and Chief
Executive Officer through December
2025."
A 40-plus year futures industry veteran, Duffy, 65, has served
in his current role since 2016. Prior to that he was Executive
Chairman and President of CME Group since 2012, Executive Chairman
since 2006, and Chairman since 2002.
About CME Group
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's leading
central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe
LTD and EBS Group LTD, respectively. The S&P 500 Index is a
product of S&P Dow Jones Indices LLC ("S&P DJI").
"S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are
trademarks of Standard & Poor's Financial Services LLC; Dow
Jones®, DJIA® and Dow Jones Industrial Average are service and/or
trademarks of Dow Jones Trademark Holdings LLC. These trademarks
have been licensed for use by Chicago Mercantile Exchange Inc.
Futures contracts based on the S&P 500 Index are not sponsored,
endorsed, marketed, or promoted by S&P DJI, and S&P DJI
makes no representation regarding the advisability of investing in
such products. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group