Cboe Appoints Craig Donohue as New CEO
Company - People | May 01, 2025 | EIN
Cboe Global Markets has appointed Craig S. Donohue as its new Chief Executive Officer, effective May 7, 2025. Donohue, with over 30 years of experience in global derivatives markets, formerly led CME Group and served as CEO at OCC. At Cboe, he succeeds Fredric Tomczyk, who will remain on the board and transition to an advisory role until June 2025. Board Chairman William M. Farrow III praised Donohue's leadership and strategic vision. Donohue expressed his respect for Cboe's legacy and aims to advance the company's strategic initiatives. Fredric Tomczyk, expressing confidence in Donohue, highlighted his shared values and commitment to Cboe's corporate culture.
Sectors
- Financial Markets
- Global Derivatives
Geography
- United States – Cboe Global Markets and Craig Donohue have a significant presence in the United States, with major operations and leadership based there.
- Global – Cboe operates globally and the new CEO, Craig Donohue, has international experience and connections.
Industry
- Financial Markets – Cboe Global Markets operates in the derivatives and securities exchange sector, a core component of financial markets.
- Global Derivatives – The article discusses the leadership change in Cboe, a leader in the global derivatives market.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cboe Global Markets | Company | Company | Cboe Global Markets is a leading derivatives and securities exchange network. |
| Craig S. Donohue | Incoming CEO | Person | Craig S. Donohue is a seasoned financial markets executive taking over as CEO of Cboe Global Markets. |
| Fredric Tomczyk | Outgoing CEO and Board Member | Person | Fredric Tomczyk is the outgoing CEO of Cboe Global Markets, transitioning to a board and advisory role. |
| William M. Farrow III | Chairman of the Board | Person | Chairman of the Board at Cboe Global Markets. |
| OCC | Previous Employer | Company | OCC is the world's largest equity derivatives clearing organization, where Craig Donohue previously served as CEO. |
| CME Group | Previous Employer | Company | A leading global derivatives marketplace where Craig Donohue served as CEO. |