Cboe International Markets names ex-CME leader as new CEO

Cboe International Markets has appointed Craig Donohue as its leader government officer, efficient 7 Would possibly 2025. 

Craig Donohue

Donohue may even serve on Cboe’s board as a part of the function.

He succeeds Fredric Tomczyk within the function who is ready to stay at the board of administrators after stepping down as leader government.

“We’re extremely joyful to welcome Craig to Cboe. His visionary management, deep enjoy, trade relationships, and confirmed observe report in international monetary markets make him a very good person to take the helm as CEO at Cboe,” stated William Farrow III, chair of the board of Cboe International Markets.

“[…] I wish to thank Fred for entering into this place and his management as CEO over the past yr and a part. I do know that he’s going to paintings carefully with Craig to lend a hand be certain a clean and orderly transition.”

Donohue has greater than 30 years of enjoy around the derivatives sphere. Maximum lately, Donohue served as chair of the board at OCC, having prior to now spent 3 years as CEO from 2016 to 2019.

Prior to now enjoy additionally contains 20 years at CME Team, the place he served a stint as leader government between 2004 and 2012.

Chatting with his appointment, Donohue stated: “Cboe is an establishment I’ve lengthy admired, and I’m honoured to be their subsequent CEO. I’m excited to paintings with the sturdy workforce to pressure ahead our strategic tasks, improve our marketplace management and construct upon the exceptional recognition that Cboe has established over the past 5 many years as a number one international derivatives marketplace participant.

“Cboe’s dedication to innovation, excellence and teamwork aligns with my values and imaginative and prescient and I’m extremely joyful to lead Cboe into its subsequent bankruptcy.”