01—Abstract
Summary
Summary of the 8-K filed July 6, 2023. Cited figures are marked; the original filing is the authoritative source.
Cboe Global Markets, Inc. (CBOE) announced a CFO transition in an 8-K filing dated July 6, 2023.
Brian N. Schell will be stepping down as Executive Vice President, Chief Financial Officer, and Treasurer, with his resignation effective July 10, 2023. Mr. Schell is leaving to pursue other career opportunities.
Concurrently, Cboe has appointed Jill M. Griebenow, currently Senior Vice President and Chief Accounting Officer, to the role of Executive Vice President, Chief Financial Officer, Treasurer, and Chief Accounting Officer, also effective July 10, 2023.
Ms. Griebenow has a deep background within Cboe and its subsidiaries, including extensive experience in financial roles since 2011, and prior experience at Ernst & Young LLP. Investors can take comfort in the internal promotion and continuity of financial leadership.
02—Key points
Key Highlights
- Cboe Global Markets announces a change in Chief Financial Officer.
- Brian N. Schell resigns as EVP, CFO, and Treasurer, effective July 10, 2023.
- Jill M. Griebenow appointed as the new EVP, CFO, Treasurer, and Chief Accounting Officer, effective July 10, 2023.
- Ms. Griebenow has extensive experience within Cboe, having served as Chief Accounting Officer since August 2018.
- Ms. Griebenow also has prior experience as CFO, Europe for Cboe and Bats Global Markets.
- Ms. Griebenow's compensation will remain consistent with previously disclosed incentive plans.
- The filing includes a press release detailing the executive changes.
03—Questions
Frequently Asked Questions
Why is the current CFO, Brian N. Schell, leaving Cboe?
Brian N. Schell is resigning to pursue another career opportunity.
Who is replacing Brian N. Schell as CFO?
Jill M. Griebenow, currently Senior Vice President and Chief Accounting Officer, has been appointed as the new Executive Vice President, Chief Financial Officer, Treasurer, and Chief Accounting Officer.
What is Jill M. Griebenow's experience and background?
Ms. Griebenow has been with Cboe since August 2018 as Chief Accounting Officer and has prior experience within Cboe and its subsidiaries since 2011, including as CFO for Cboe Europe Limited and Bats Europe Limited. She also has experience from Ernst & Young LLP and is a certified public accountant.
Will Jill M. Griebenow's compensation change significantly?
No, Ms. Griebenow will continue to participate in the Company’s existing incentive compensation plans, and her agreements remain as previously disclosed.
04—Continue