Charles P. Carey
From MarketsWiki
| Charles Carey | |
| |
| Occupation | Vice Chairman |
|---|---|
| Employer | CME Group |
| Location | Chicago, USA |
| Web site | cmegroup.com |
Charles P. Carey is vice chairman of CME Group, assuming the role in July 2007 following the merger[1] of the Chicago Mercantile Exchange and the Chicago Board of Trade.[2][3]
As chairman of the CBOT since 2003, Carey oversaw its demutualization and stockmarket listing and, with CME chairman Terrence Duffy, was instrumental in negotiating the merger of the two Chicago exchanges first announced in October 2006.[4] Carey and Duffy met at the CME in the hog pit back in the early 1980s when the grain markets were slow and Carey had moved over to the CME to trade.[5]
Carey also currently serves as the vice chairman of the Commodity Markets Council,[6] a North American trade association whose membership brings together commodity futures exchanges and boards of trade with their industry counterparts.[7]
Background
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Carey has been a member of the CBOT since 1978, and was first elected as chairman in 2003. He served as first vice-chairman from December 1999-2001 and from 1992-1994, as a full-member director of the exchange from 1996-1999. He became a director in 1993.
Carey also served as first vice-chairman of the Executive Committee, chairman of the Finance Committee and as a member of numerous CBOT committees, special committees and task forces.
In addition to his CME Group board of directors responsibilities, Carey is a partner in the firm Henning and Carey.
Carey was a third generation member of the CBOT.[8] Both his grandfather, Peter B. Carey and uncle, Bernard Carey, are former chairmen of the CBOT.[9]
After graduating from college, Carey's first job was a union job installing electrical conduit in the underground downtown tunnels that would become the site of the great Chicago flood of 1992.[10]
Politically in 2007, Carey donated to Kirk for Congress, Rudy Giuliani Presidential Comittee Inc., Judy Biggert for Congress, Hillary Clinton for President, Friends of Rahm Emanuel, Chambliss for Senate, Hayes for Congress, Obama for America, Melissa Bean for Congress, Stevens for Senate Committee, Lautenberg for Senate, Chris Dodd for President, Inc, Hastert for Congress Committee and Auction Markets Political Action Committee of the Chicago Board of Trade[11]
Education
Carey received a bachelor of arts degree in business administration from Western Illinois University.[12]
References
- ↑ CBOT-CME Is Done, at Last. Wall Street Journal. Retrieved on April 30, 2008.
- ↑ "Board of Directors”. CME Group. Retrieved on Jan. 19, 2008.
- ↑ CMEto dominate management of CME-CBOT. Boston.com Business. Retrieved on April 30, 2008.
- ↑ Futures exchanges. The Economist. Retrieved on April 30, 2008.
- ↑ Charlie Carey and Terry Duffy. Futures Magazine via CME Group. Retrieved on April 30, 2008.
- ↑ Officers. Commodity Markets Council. Retrieved on April 20, 2008.
- ↑ Commodity Markets Council. Commodity Markets Council. Retrieved on April 30, 2008.
- ↑ CBOT Holds "Curtain Raiser" Event on Ag Side-by-Side Trading. Chicago Board of Trade. Retrieved on April 30, 2008.
- ↑ Merging of the Green. Irish American News. Retrieved on April 30, 2008.
- ↑ Charles Carey. Irish America magazine - Aug/Sept '07 issue. Retrieved on April 30, 2008.
- ↑ Charles Carey. NewsMeat. Retrieved on February 18, 2008.
- ↑ Oak Brook/LaGrange Alumni Event, 5/19/06. Western Illinois University. Retrieved on April 30, 2008.
