CME Group Extends Executive Chairman Duffy's Term Through 2013
May 15 2009 - 8:00AM
PR Newswire (US)
CHICAGO, May 15 /PRNewswire-FirstCall/ -- CME Group Inc.,
(NASDAQ:CME), the world's largest and most diverse derivatives
exchange, today announced that Executive Chairman Terrence A.
Duffy's term has been extended until the Annual Meeting of
Shareholders in 2013. The company's bylaws have been amended to
reflect this change. Duffy, 50, has served as Executive Chairman of
CME Group since July 2007. Previously, he served as Chairman of the
Board of CME and CME Holdings since April 2002 and as Executive
Chairman since October 2006. He was Vice Chairman of the Board of
CME Holdings Inc. from its formation in August 2001 and of the
Board of CME from 1998 to April 2002. He was President of TDA
Trading, Inc. from 1981 to 2002. He also has been a CME member
since 1981 and a Board member since 1995. In 2002, he was appointed
by President Bush to serve on a National Saver Summit on Retirement
Savings. Duffy also was appointed by President Bush and confirmed
by the U.S. Senate in 2003 as a member of the Federal Retirement
Thrift Investment Board (FRTIB). The FRTIB administers the Thrift
Savings Plan, a tax-deferred defined contribution (retirement
savings) plan for federal employees that currently has more than
3.5 million participants and $190 billion under management. Duffy
currently serves on the Board of Directors of World Business
Chicago, the Board of Regents for Mercy Home for Boys and Girls,
the Board of Trustees of Saint Xavier University, the Regional
Advisory Board of The American Ireland Fund, and is Co-Chair of the
Mayo Clinic Greater Chicago Leadership Council. He is Chairman of
the CME Group Foundation and NYMEX Foundation as well as a member
of the Economic Club of Chicago, the Executives' Club of Chicago
and the President's Circle of the Chicago Council on Global
Affairs. Duffy attended the University of Wisconsin-Whitewater. In
2007, he received a Doctor of Humane Letters from DePaul
University. CME Group (http://www.cmegroup.com/) is the world's
largest and most diverse derivatives exchange. Building on the
heritage of CME, CBOT and NYMEX, CME Group serves the risk
management needs of customers around the globe. As an international
marketplace, CME Group brings buyers and sellers together on the
CME Globex electronic trading platform and on trading floors in
Chicago and New York. By acting as the buyer to every seller and
the seller to every buyer, CME Clearing virtually eliminates
counterparty credit risk. CME Clearing also offers financial
safeguards to help mitigate systemic risk, providing the security
and confidence market participants need to operate, invest and
grow. CME Group offers the widest range of benchmark products
available across all major asset classes, including futures and
options based on interest rates, equity indexes, foreign exchange,
energy, agricultural commodities, metals, and alternative
investment products such as weather and real estate. CME Group is
listed on NASDAQ under the symbol "CME." The Globe logo, CME,
Chicago Mercantile Exchange, CME Group, Globex, E-mini and CME
ClearPort are trademarks of Chicago Mercantile Exchange Inc. CBOT
and Chicago Board of Trade are trademarks of the Board of Trade of
the City of Chicago. NYMEX and New York Mercantile Exchange are
trademarks of New York Mercantile Exchange, Inc. COMEX is a
trademark of Commodity Exchange, Inc. All other trademarks are the
property of their respective owners. Further information about CME
Group and its products can be found at http://www.cmegroup.com/.
CME-G DATASOURCE: CME Group Inc. CONTACT: Media, Anita Liskey,
+1-312-466-4613, , or Investors, John Peschier, +1-312-930-8491,
both of CME Group Inc. Web Site: http://www.cmegroup.com/
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