Strategic Leadership Changes at Cboe Global Markets to Enhance Operations

Cboe Global Markets Announces New Executive Leadership Appointments

Cboe Global Markets, Inc. (Cboe: CBOE), recognized as the premier network for derivatives and securities exchanges worldwide, has recently revealed key changes in its executive leadership. This strategic move aims to bolster the company’s operational efficacy and expand its global outreach.

As part of this update, Scott Johnston has been appointed as the new Executive Vice President and Chief Operating Officer (COO), effective February 17, 2026. Johnston will succeed Chris Isaacson in this role, who has made the commendable decision to retire on March 6, 2026, but will remain as an advisor to Cboe for the remainder of the year to facilitate a smooth leadership transition.

Heidi Fischer is also stepping into a pivotal role as the Executive Vice President, Global Head of Equities and Spot Markets. In her new position, she will oversee Cboe's global cash equities and spot markets operations, which were previously managed by Isaacson. Fischer comes to Cboe from TMX Group, boasting an impressive track record with leadership roles spanning over 25 years at firms such as Deutsche Bank and Instinet.

Isaacson has been instrumental in driving Cboe's technological advancements and operational enhancements during a transformative phase for the company. His contributions have been crucial in positioning Cboe as a leader in market technology, establishing benchmarks industry-wide.

In addition to these prominent appointments, Cboe has made several other significant promotions within its ranks. Alex Dalley has been elevated to Senior Vice President and will now lead Cboe's European Equities business, pending regulatory approval. Meanwhile, Jon Weinberg, the Global Head of FX, will extend his responsibilities to include oversight of Cboe's global FX and off-exchange trading divisions as Senior Vice President.

Cboe's leadership recognizes the importance of adapting to a rapidly evolving marketplace. To further support its globalization initiative, the company is implementing a regional office structure. Tim Lipscomb will oversee operations in Kansas City, Fischer will manage the New York office, Dalley and Weinberg will co-head the London division, and Vikesh Patel will head the Amsterdam office as President of Cboe Clear Europe.

Craig Donohue, the Chief Executive Officer of Cboe Global Markets, expressed his enthusiasm regarding the new leadership team. He emphasized that both Scott and Heidi are exceptional leaders with proven success in the industry. Their backgrounds and abilities are expected to significantly contribute to Cboe's ongoing vision and operational performance.

Johnston, armed with over four decades of experience, including key roles at notable firms such as Akuna Capital and CME Group, is eager to drive operational performance and support Cboe's continued innovation and expansion. He remarked, “I'm thrilled to join Cboe, renowned for its vision and exceptional team. I look forward to enhancing operational efficiencies and scaling the business.”

Fischer also expressed her excitement about taking on her new role at Cboe, remarking on the company’s impactful momentum and her commitment to delivering comprehensive solutions across asset classes. This indicates Cboe's ability to remain competitive and provide value to its clients in the global marketplace.

Isaacson’s departure marks a significant turning point for Cboe, as he reflects on his journey with the company. He stated, “I am grateful for the opportunity to contribute to Cboe's evolution during such a transformative period. I believe the talented team will continue to drive Cboe forward.”

The transition in leadership not only brings about a renewed sense of purpose within Cboe but also aligns with their commitment to technological excellence and customer-centric strategies. The company continues to strive for innovation in trading, clearing, and investment solutions while sustaining a trusted global marketplace.

For more information on Cboe's services and market updates, visit www.cboe.com.