#United States #Chicago #CME Group #Board of Directors #Derivatives Marketplace

CME Group Inc. Announces Slate of Director Nominees

CME Group Inc., renowned as the world’s premier derivatives marketplace, has officially disclosed its slate of candidates nominated for election to the board of directors. The election will occur during the company's annual meeting on May 8, 2025. This significant event underscores the company's commitment to governance and advancing leadership within the financial sector.

Chairman and CEO Terrence A. Duffy expresses gratitude towards the service of the departing board members, namely Larry G. Gerdes, Daniel R. Glickman, and Terry L. Savage, who will not be seeking re-election. He remarked, "We want to thank our departing directors for their distinguished service on our Board, and we are grateful for their many contributions to CME Group's success."

Proposed Board Members

The proposed nominees include a roster of experienced individuals representing a wealth of knowledge across various sectors. Notable nominees for Class A and Class B shareholders include:

• - Terrence A. Duffy, 66, Chairman and CEO, CME Group
• - Kathryn Benesh, 65, CPA, Retired Partner, Deloitte
• - Timothy S. Bitsberger, 65, Retired Managing Director, The TCW Group
• - Charles P. Carey, 71, Former Vice Chairman, CME Group
• - Bryan T. Durkin, 64, Former President, CME Group
• - Harold Ford Jr., 54, Regional President, PNC Financial Services Group
• - Martin J. Gepsman, 72, Independent Broker and Trader
• - Daniel G. Kaye, 70, CPA, Retired Partner, Ernst & Young LLP
• - Phyllis M. Lockett, 59, Founder and CEO, LEAP Innovations
• - Deborah J. Lucas, 66, Sloan Professor of Finance, MIT Sloan School of Management
• - Rahael Seifu, 43, Director of Legal, Google LLC
• - William R. Shepard, 78, President and Founder, Shepard International, Inc.
• - Howard J. Siegel, 68, Independent Trader
• - Dennis A. Suskind, 82, Retired Partner, Goldman Sachs

Additionally, the CME Group Nominating and Governance Committee has recommended nominees for the Class B shareholders, specifically focusing on independent traders and directors:

• - For Class B-1 Shareholders:

- William W. Hobert, 61, Managing Director, WH Trading LLC
- Patrick J. Mulchrone, 67, Independent Trader
- Robert J. Tierney Jr., 49, Managing Member, Kore Trading LLC

• - For Class B-2 Shareholders:

- Patrick W. Maloney, 63, Independent Floor Broker
- Liam Smith, 40, Chief Strategy Officer, Optiver

• - For Class B-3 Shareholders:

- Elizabeth A. Cook, 64, Independent Broker and Trader

CME Group's Significance

As the largest derivatives marketplace globally, CME Group plays a crucial role in enabling clients to engage in futures, options, cash, and OTC markets. It empowers market participants to optimize portfolios and analyze data effectively, thereby aiding in risk management and opportunity capture. The exchanges operated by CME Group offer a broad spectrum of benchmark products across major asset classes including interest rates, equity indexes, foreign exchange, energy, agriculture, and metals.

All transactions occur through platforms like CME Globex for futures and options on futures trading, as well as trading mechanisms for fixed income and foreign exchange, ensuring seamless operations in a global marketplace. Additionally, CME Group houses CME Clearing, recognized as one of the world's foremost central counterparty clearing providers.

As it prepares for the upcoming election, CME Group remains committed to its mission of maintaining a robust and diverse board that reflects its value in the financial marketplace. Competence, experience, and a strong dedication to CME’s growth will undoubtedly characterize the new members of the board following the vote in May.