Catherine Clay Joins JLL's Board of Directors to Enhance Strategic Growth

On May 21, 2025, Jones Lang LaSalle Incorporated (commonly known as JLL) made headlines by announcing the election of Catherine Clay as an independent, non-executive member of its Board of Directors. Her appointment is seen as a strategic move to bolster JLL's leadership team and strengthen its operational framework. Clay’s extensive experience in the financial sector, particularly her specialization in derivatives markets and digital assets, positions her as a significant asset to the company. Born and raised in Colorado, Clay holds a Bachelor of Science degree from the University of Colorado, showing a solid academic background that complements her extensive professional experience.

In her current role as the Executive Vice President and Global Head of Derivatives at Cboe Global Markets, Clay oversees the company's global derivatives business encompassing both the U.S. and European markets. Her tenure at Cboe has been marked by leadership positions aimed at enhancing digital and data solutions within the firm. She previously served as the Executive Vice President of Global Digital and Data Solutions, as well as Senior Vice President of Information Solutions at Cboe, where she was instrumental in shaping the company's offerings of indices, analytics, and execution services for market participants.

One of the pivotal moments in Clay's career came in 2015 when she joined Cboe through its acquisition of LiveVol, a company where she had been the Chief Strategy Officer. During her time there, she successfully implemented strategies that not only aligned the firm’s digital assets but also expanded its market presence. This experience reinforces her understanding of technical innovations in capital markets, making her an ideal candidate for JLL’s Board.

Siddharth N. Mehta (Bobby), Chairman of the JLL Board of Directors, expressed enthusiasm regarding Clay's appointment, stating, 'Catherine brings extensive leadership experience in strategic development to JLL. Her expertise across all facets will be invaluable in strengthening our global operating platform and driving JLL's continued growth strategy.' In echoing this sentiment, Christian Ulbrich, CEO of JLL, highlighted that Clay's insights into capital markets and technological advancement will greatly contribute to JLL's strategic initiatives.

Clay will actively participate as a member of key committees, including the Audit and Risk, Compensation, and Nominating, Governance, and Sustainability Committees. These roles will allow her to influence significant corporate decisions, ensuring JLL remains a leader in the commercial real estate sector.

JLL has been a significant player in the commercial real estate landscape for over 200 years, operating in more than 80 countries worldwide. With an annual revenue of approximately $23.4 billion, the firm's array of services spans commercial, industrial, residential, and retail properties. JLL’s mission is to reshape the future of real estate, emphasizing principles aligned with environmental, social, and corporate governance (ESG).

As JLL continues to evolve in a rapidly changing market, the appointment of Catherine Clay not only emphasizes the company's commitment to innovative leadership but also showcases its strategy to blend traditional real estate management with cutting-edge technological solutions. With industry dynamics continually shifting, having leaders like Clay with comprehensive expertise is critical to navigating upcoming challenges and capturing new opportunities for the firm. The synergy of her background in digital solutions and financial markets is expected to enhance JLL’s operational capabilities further, ensuring that the company remains at the forefront of the commercial real estate industry.

Topics General Business)

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