Terrence A. Duffy
| Terrence A. Duffy | |
|---|---|
 |
|
| Occupation |
Chairman and CEO 2016 – present Executive Chairman and President 2012 – 2016 Chairman 2002 – 2012 Vice Chairman 1998 - 2002 |
| Organization | CME Group |
Chairman and CEO 2016 – present
Executive Chairman and President 2012 – 2016
Chairman 2002 – 2012
Terrence A. "Terry" Duffy is a U.S.-based business executive. He is Chairman and Chief Executive Officer of CME Group, the world’s leading derivatives marketplace. In 2014, CNBC named Duffy on its list Top 200: Leaders, icons and rebels, recognizing the world’s top business leaders of the last 25 years. In 2014 and 2015, Chicago Magazine named Duffy on its 100 most powerful people list.
Duffy has built CME Group into a brand recognized around the globe and often serves as the voice of the global derivatives industry. In 2016, CME Group was named the world’s fastest growing and most valuable exchange brand, with a brand value of $1.7 billion, beating out the and the Hong Kong Exchange.
He has served in the chief executive role since November 2016. He joined the CME board in 1995 and has served as chairman since 2002 and as vice chairman from 1998-2002. During his tenure, he led CME Group to become the world’s first exchange to demutualize and go public. He also led the company’s mergers and acquisitions, most notably when Chicago Mercantile Exchange acquired its cross-town rival Chicago Board of Trade and later the New York Mercantile Exchange. He helped navigate through the financial crisis of 2008 and was instrumental in shaping the historic Dodd-Frank legislation.
Duffy is a Presidential Appointee of the Federal Thrift Investment Board. The FRTIB administers the Thrift Savings Plan, a tax-deferred defined contribution (retirement savings) plan for federal employees. He is Vice Chairman of the CME Group Foundation, whose mission is to enhance economic opportunity, health and education, especially for disadvantaged youth. He serves as co-chair of the Mayo Clinic Greater Chicago Leadership Council and he is also 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.
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