Board of Directors

Board of Directors

Terrence A. Duffy, 
Chairman and Chief Executive Officer
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The Honorable Terrence A. Duffy serves as our Chairman and Chief Executive Officer. Previously, he served as Executive Chairman and President since

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Charles P. Carey, 
Charles Carey
Mr. Carey has served as a member of our board since 2007 and served as our Vice Chairman in connection with our merger with CBOT Holdings from 2007

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Michael A. Spencer, 
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Mr. Spencer has served as a member of our board since 2018. Mr. Spencer served as Chief Executive Officer of NEX Group plc until its acquisition by

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Timothy S. Bitsberger, 
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Mr. Bitsberger has served as a member of our board since 2008. Mr. Bitsberger serves as Managing Director and Portfolio Specialist with The TCW

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Dennis H. Chookaszian, 
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Mr. Chookaszian has served as a member of our board since 2004. Mr. Chookaszian served as Chairman of the Financial Accounting Standards Advisory

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Elizabeth A. Cook, 
Liz Cook
Ms. Cook has served as a member of our board since 2015 and has been a member of CME since 1983, starting her career in 1978 as a runner for Clayton

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Ana Dutra, 
Ana
Ms. Dutra has served as a member of our board since 2015. Ms. Dutra served as the CEO of The Executives’ Club of Chicago, a world-class senior

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Martin J. Gepsman, 
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Mr. Gepsman has served as a member of our board since 1994 and served as Secretary of the board from 1998 to 2007.

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Larry G. Gerdes, 
Gerdes
Mr. Gerdes has served as a member of our board since 2007 and as our Lead Director since August 2017. Mr.

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Daniel R. Glickman, 
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Mr. Glickman has served as a member of our board since 2001 and served as our Lead Director from August 2014 through August 2017. Mr.

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Yra G. Harris, 
Yra
Mr. Harris has served as a member of our board since August, 2019. Mr. Harris has over 32 years of experience in all areas of commodity trading, with

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Gedon Hertshten, 
gedon
Mr. Hertshten has served as a member of our board since 2017. Mr. Hertshten started his career in the derivatives industry as an independent floor

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William W. Hobert, 
William
Mr. Hobert has served as a member of our board since 2018 and previously during 2015-2017. Mr. Hobert founded WH Trading, LLC, a proprietary options

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Daniel G. Kaye, 
Kaye
Mr. Kaye has served as a member of our Board since May 2019. Mr. Kaye served as Interim Chief Financial Officer and Treasurer of HealthEast Care

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Phyllis M. Lockett, 
Phyllis
Ms. Lockett has served as a member of our Board since May 2019. Ms. Lockett has served since 2014 as the founding CEO of LEAP Innovations, a national

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Deborah J. Lucas, 
Deborah
Ms. Lucas has served as a member of our board since 2018. Ms. Lucas has served as the Sloan Distinguished Professor of Finance at the MIT Sloan

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Ronald A. Pankau, 
Ron
Mr. Pankau has served as a member of our board since 2011. Mr. Pankau has been an independent trader since 1981.

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Terry L. Savage, 
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Ms. Savage has served as a member of our board since 2003. Ms. Savage is a nationally-syndicated financial columnist, author and President of Terry

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William R. Shepard, 
Mr. Shepard has served as a member of our board since 1997. Previously he served as our Second Vice Chairman from 2002 to 2007.

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Howard J. Siegel, 
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Mr. Siegel has served as a member of our board since 2000. Mr. Siegel has been a member of CME since 1977. In 1978, Mr.

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Dennis A. Suskind, 
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Mr. Suskind has served as a member of our board since 2008. Mr. Suskind joined J. Aron & Company in 1961 where he served as Executive Vice President

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Robert J. Tierney Jr., 
Tierney
Mr. Tierney has served as a member of our Board since May 2019. Mr. Tierney has been an active independent trader and a member of the CME and CBOT

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