CHICAGO, Oct 05, 2005 /PRNewswire-FirstCall via COMTEX/ -- CME, the largest and most diverse financial exchange, today announced the appointment of Andrew Greta as Director, Business Development. Greta, who has over 10 years of experience in financial services and most recently served in business development roles for General Electric's financial services businesses, will be responsible for identifying and evaluating new strategic partnerships and potential non- organic growth opportunities for CME. He will report to Ann Shuman, Director and Co-Head of the company's Corporate Development Team.
"As CME continues to grow as a global financial services company, it is imperative that we strengthen our capability to generate organic and non- organic growth opportunities," said CME CEO Craig Donohue. "Andrew's experience in global business development will be an asset to our ongoing efforts in this area of strategic importance."
Greta, 36, most recently served as Director, Global Business Development for General Electric (GE), where he led global mergers and acquisitions, divestitures and strategic partnership deals for one of GE's financial services divisions. His prior positions at GE include General Manager, Asset Intelligence, Manager, Global Business Development, and Market Development Manager at GE Capital's corporate headquarters. Greta previously worked in project management and writing roles for TheStreet.com, supporting executive leadership with financial reporting and business analysis. He began his career as a Financial Advisor with Prudential Securities, and earned a bachelor's degree in economics and an MBA degree in finance, both from the Krannert School of Management at Purdue University.
Chicago Mercantile Exchange Inc. ( http://www.cme.com ) is the world's largest and most diverse financial exchange. As an international marketplace, CME brings together buyers and sellers on the CME Globex electronic trading platform and on its trading floors. CME offers futures and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moved about $1.6 billion per day in settlement payments in the first half of 2005 and managed $43.7 billion in collateral deposits at June 30, 2005, including $4.0 billion in deposits for non-CME products. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE, Nasdaq: CME).
Chicago Mercantile Exchange, CME, the globe logo and CME Globex are registered trademarks of Chicago Mercantile Exchange Inc. E-mini is a trademark of CME. CLEARING 21 is a registered trademark of CME and New York Mercantile Exchange, Inc. S&P, S&P 500, NASDAQ-100, Nikkei 225, Russell 1000, Russell 2000, TRAKRS, Total Return Asset Contracts and other trade names, service marks, trademarks and registered trademarks that are not proprietary to Chicago Mercantile Exchange Inc. are the property of their respective owners, and are used herein under license. Further information about CME and its products is available on the CME Web site at http://www.cme.com .
SOURCE Chicago Mercantile Exchange Inc.
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