Cboe Global Markets has appointed Craig Donohue as its chief executive officer, effective 7 May 2025.
Craig Donohue
Donohue will also serve on Cboe’s board as part of the role.
He succeeds Fredric Tomczyk in the role who is set to remain on the board of directors after stepping down as chief executive.
“We are thrilled to welcome Craig to Cboe. His visionary leadership, deep experience, industry relationships, and proven track record in global financial markets make him an excellent individual to take the helm as CEO at Cboe,” said William Farrow III, chair of the board of Cboe Global Markets.
“[…] I want to thank Fred for stepping into this position and his leadership as CEO over the last year and a half. I know that he will work closely with Craig to help ensure a smooth and orderly transition.”
Donohue has more than 30 years of experience across the derivatives sphere. Most recently, Donohue served as chair of the board at OCC, having previously spent three years as CEO from 2016 to 2019.
Previously experience also includes two decades at CME Group, where he served a stint as chief executive between 2004 and 2012.
Speaking to his appointment, Donohue said: “Cboe is an institution I have long admired, and I am honoured to be their next CEO. I am excited to work with the strong team to drive forward our strategic initiatives, enhance our market leadership and build upon the remarkable reputation that Cboe has established over the last five decades as a leading global derivatives market player.
“Cboe’s commitment to innovation, excellence and teamwork aligns with my values and vision and I am thrilled to guide Cboe into its next chapter.”