Craig S. Donohue
 |
|---|
| Craig S. Donohue | |
| |
| Occupation | CEO |
|---|---|
| Employer | CME Group |
| Location | Chicago |
| Website | www.cmegroup.com |
Craig S. Donohue was CEO of CME Group and its predecessor company, CME Holdings, from January 2004 to May 2012.[1][2] He stepped down from the position on May 1, 2012. [3][4]
As CME's CEO, Donohue played a leading role in completing more than $20 billion dollars in mergers and acquisitions, including the historic acquisitions of the Chicago Board of Trade and the New York Mercantile Exchange. He was also instrumental in orchestrating CME's demutualization in Nov. 2000 and its initial public offering in December 2002.[5]
He also served on the board of directors of the World Federation of Exchanges.[6]
Contents |
Background
Before joining the CME, Donohue was associated with the Chicago law firm of McBride, Baker & Coles. He began working for CME as an attorney in 1989.[7]
Prior to the acquisition of CBOT, Donohue served as chief executive officer and as a board member of CME Holdings and CME since Jan. 1, 2004, when he replaced James J. McNulty.[8]The CME signed Donohue to a three-year contract extension in April 2006.[9]In fiscal 2007, as CEO of the CME Group Inc., Donohue received compensation valued at $3.6 million, a 24-percent decrease from the previous year.
Donohue also is a trustee of the CME Trust,[10] now a charitable organization, but once a safety net that provided financial protection to customers in the event a CME member firm became insolvent or unable to meet its obligations to its customers.
Donohue's previous CME positions include:
- Executive vice president and chief administrative officer, Office of the CEO;
- Managing director and chief administrative officer, CME Holdings (title was changed from managing director, Business Development and Corporate/Legal Affairs);
- Senior vice president and general counsel;
- Vice president of the Division of Market Regulation; and
- Vice president and associate general counsel.[11]
Donohue grew up in Des Plaines, IL, and worked for his stepfather's pharmacy as a teenager.
In 2003 and 2004, Donohue was recognized as one of the top 100 Irish Business Leaders by Irish America Magazine.[12]
In 2009, the Executives Club of Chicago named Donohue chief executive officer of CME Group and the club’s second vice chairman, the recipient of its 2009 International Executive of the Year Award for his outstanding contributions to the global business community.[13]
Donohue is chairman of the board of directors of the National Council on Economic Education (NCEE). He is also a member of the board of directors and serves as second vice president of the Executives' Club of Chicago and the Chicagoland Chamber of Commerce. He serves on the CFTC Global Markets Advisory Committee[14] [15] and on Youth Services of Glenview/Northbrook's Advisory Council.[16]
Donohue also serves as president of the CME Foundation.[17]
On Sept. 14, 2007, CME Group announced that Donohue had established a stock trading plan in accordance with Securities and Exchange Commission Rule 10b5-1. According to the CME Group press release, "The plan will enable him (Donohue) to diversify his personal investment portfolio in an orderly, prearranged manner."[18]
Education
Donohue holds an MBA degree from Northwestern University's Kellogg Graduate School of Management, a J.D. degree from John Marshall Law School, an M.L. degree in financial services regulation from IIT Chicago-Kent College of Law and a B.A. degree in political science and history from Drake University.[19]
Video Interviews
- CME - Bloomberg TV
- Crain's Chicago Business - April 6, 2009
- CEO of CME Craig Donohue Talks Dow Acquisition, Emerging Markets and Real Estate - Wall St. Cheat Sheet
- Gillian Tett talks to Craig Donohue, CEO of CME, about the group's new platform for clearing interest rates swaps and the implications of the Dodd-Frank regulation
SEC Filings
References
- ↑ CME Management. CME Group.
- ↑ Board of Directors. CME Group.
- ↑ CME Group boss stepping down at end of year. Chicago Tribune.
- ↑ CME Group Announces Year-End Retirement of CEO Craig Donohue. CME Group.
- ↑ Biography of Craig S. Donohue. Securities and Exchange Commission.
- ↑ 2010 Annual Report & Statistics. World Federation of Exchanges.
- ↑ Craig S. Donohue. Swiss Futures & Options Association.
- ↑ Donohue takes reins at CME. HighBeam Research.
- ↑ CME Enters Into New Employment Agreement with CEO Craig S. Donohue. CME via Syscom.
- ↑ CME Group Board of Directors. CME Group.
- ↑ Craig S. Donohue. NNDB.
- ↑ Craig S. Donohue. Swiss Futures & Options Association.
- ↑ CME Group's Craig S. Donohue to be honored as the 2009 International Executive of the Year. Business Wire/Bloomberg.
- ↑ Global Markets Advisory Committee Members. Commodity Futures Trading Commission.
- ↑ CFTC, Toothless Regulator, Looks to Take a Bite Out of Derivatives. Huffington Post.
- ↑ Craig S. Donohue Profile. Forbes.
- ↑ CME Foundation. CME Group.
- ↑ CME Chief Executive Officer Establishes Personal Trading Plan. CME Group.
- ↑ CEO of Chicago Mercantile Exchange to speak at annual FEI-Drake Lecture. Drake University.
