Summary
CME Group Inc. (CME) announced leadership changes on September 10, 2014, aimed at better serving its global client base. These changes involve key executive roles to drive product development and operational efficiency. Bryan T. Durkin transitions from Chief Operating Officer to the newly created position of Chief Commercial Officer, focusing on developing and delivering industry-leading products, platforms, and services for clients. Kim Taylor, previously President of CME Clearing, is appointed President, Global Operations, Technology & Risk, overseeing all global operational functions and bringing new trading and clearing products to market. Importantly, no changes were made to the compensation of either executive as a result of these role shifts.
Key Highlights
- 1CME Group announced leadership realignments to enhance client service and operational effectiveness.
- 2Bryan T. Durkin appointed Chief Commercial Officer, a new role focused on client-facing commercial strategy.
- 3Kim Taylor appointed President, Global Operations, Technology & Risk, to lead key operational and development functions.
- 4The changes are intended to better meet the needs of CME Group's global client base.
- 5No changes in compensation were made for Mr. Durkin or Ms. Taylor in conjunction with their new roles.
- 6The company is emphasizing product development and delivery for trading and clearing services.