Exchange operator Cboe appoints Craig Donohue as CEO
May 1 (Reuters) - Cboe Global Markets CBOE.Z on Thursday named financial markets veteran, Craig Donohue, as the exchange operator's new chief executive officer, effective May 7.
Outgoing CEO Fredric Tomczyk, who announced his departure earlier this year, will remain on the company's board.
Donohue held previous key roles at OCC, the world's largest equity derivatives clearing organization, becoming the CEO in 2016 and being the chairman of the board.
He was also the CEO of CME Group CME.O for over eight years, and was at the helm during its merger with Chicago Board of Trade in 2007.
Outgoing CEO Tomczyk took charge in September 2023 when Edward Tilly resigned after failing to disclose personal relationships with colleagues, bringing his decade of leadership of the company to an abrupt end.
Shares of Cboe, which have gained nearly 13% in 2025, remained flat in trading after the bell.
Cboe is set to announce its quarterly results on Friday.
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