8-KLeadership ChangesExhibits & Filings

Cboe Global Markets, Inc. 8-K Report, Executive Changes (Jan 11, 2018)

Filed January 11, 2018For Securities:CBOE

Summary

Cboe Global Markets, Inc. (CBOE) has announced a significant leadership transition within its legal department. Joanne Moffic-Silver, Executive Vice President, General Counsel, and Secretary, is planning to retire on February 28, 2018, after a commendable 37-year tenure with the company. This marks the end of an era for a long-serving executive who has likely played a crucial role in the company's legal and regulatory strategies throughout its history. To ensure a smooth handover, Cboe has proactively appointed Patrick Sexton, currently Deputy General Counsel, to succeed Ms. Moffic-Silver. Mr. Sexton will assume the roles of Executive Vice President, General Counsel, and Secretary, effective March 1, 2018. His long history with the company, dating back to 1997, and his current role as Deputy General Counsel suggest a deep understanding of Cboe's operations and legal framework, which should facilitate a seamless transition and maintain continuity in leadership.

Key Highlights

  • 1Planned retirement of Executive Vice President, General Counsel, and Secretary, Joanne Moffic-Silver, effective February 28, 2018, after 37 years of service.
  • 2Appointment of Patrick Sexton as the successor for the roles of Executive Vice President, General Counsel, and Secretary, effective March 1, 2018.
  • 3Patrick Sexton has been with Cboe since 1997, currently serving as Deputy General Counsel since July 2013.
  • 4Mr. Sexton possesses extensive experience in legal, regulatory, and compliance matters within the company.
  • 5The transition appears well-planned with a clear successor identified.
  • 6The company has filed a press release detailing these changes as an exhibit.

Frequently Asked Questions

This 8-K filing announces a planned leadership change in Cboe Global Markets' legal department, specifically the retirement of its General Counsel and the appointment of her successor.

Patrick Sexton, currently the Deputy General Counsel, has been appointed to succeed Joanne Moffic-Silver as Executive Vice President, General Counsel, and Secretary, effective March 1, 2018.

Patrick Sexton has a long tenure with Cboe, having joined the company in 1997 and serving as Deputy General Counsel since July 2013.

This filing primarily concerns a change in corporate officers. While there are no immediate financial statements or new financial commitments disclosed here, the transition of key legal leadership could have long-term implications for the company's governance and regulatory compliance strategies.