Cboe Global Markets Announces Senior Leadership Changes; Promotion of David Howson to President
CHICAGO and LONDON, March 9, 2022 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today announced changes to its senior management team under Chief Executive Officer Ed Tilly that reflect the company's global expansion in recent years and position it for its next phase of growth. These changes include the appointment of David Howson to the role of President, effective May 12, 2022.
"Cboe's recent growth means it is a very different company from the one it was only a few years ago and is uniquely positioned to drive further sustainable growth and value for our clients, shareholders and employees," says Ed Tilly, Chairman, Chief Executive Officer and current President of Cboe Global Markets. "Through customer-led organic growth initiatives, along with M&A, we now have a truly global footprint across multiple asset classes to help capitalise on key industry trends including an increased demand for trading products and data services globally, the rise of the retail customer and ESG-focused investment. The appointment of David to the role of President, along with the other senior management changes announced today, will allow us to accelerate towards our goal of becoming one of the world's largest global derivatives and securities networks, through continued focus on customer-led innovation, deeper integration across our ecosystem and the realisation of untapped growth opportunities in new regions and markets around the world."
The senior management changes are as follows:
"David's promotion reflects his contribution to Cboe attaining the global position it holds today," says Mr. Tilly. "His track record of success at Cboe speaks for itself, having overseen some of our key strategic initiatives in recent years, including both organic growth and M&A. He has spearheaded the development and execution of some of Cboe's most innovative products, the successful asset class diversification into pan-European derivatives and our regional expansion into Asia Pacific. He will play a crucial role as Cboe continues its mission to build one of the world's largest and most comprehensive securities and derivatives networks."
Mr. Howson said: "I couldn't be more excited and honoured to take on the role of President. This is an incredibly exciting time for Cboe given the growth we have experienced over the past few years and I'm looking forward to learning from and working with all our business lines globally as we enter our next phase of growth by further expanding and harmonising the services we provide to customers around the world. I'm also pleased for Natan and Ade to be taking on oversight of Cboe's European and Asia Pacific businesses, respectively, promotions which reflect the considerable impact they have had on the company in a relatively short period of time."
Prior to joining Bats in 2013, Howson was a founding employee and Chief Technology Officer of Equiduct, a pan-European Regulated Market. He spent the early part of his career consulting on the technology strategy and implementation for various exchanges in the U.S. and Europe, including Nasdaq, Borsa Italiana and LIFFE.
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SOURCE Cboe Global Markets, Inc.