Craig S. Donohue

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Craig S. Donohue
Occupation CEO
Employer CME Group
Location Chicago
Web site www.cmegroup.com

Craig S. Donohue is the CEO and a director of the CME Group, formed by Chicago Mercantile Exchange's July 2007 acquisition of the Chicago Board of Trade.[1][2]

He was named a board director of Bolsa de Mercadorias & Futuros in late February 2008, as CME Group became a 10-percent stakeholder in BM&F.[3]

Contents

Background

Previous to 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.[4]

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.[5][6]The CME signed Donohue to a three-year contract extension in April of 2006.[7]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.[8]

Donohue also is a trustee of the CME Trust,[9] 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.[10]

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.[12]

In 2003 and 2004, Donohue was recognized as one of the top 100 Irish Business Leaders by Irish America Magazine.[13]

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.[14]

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[15] of the Executives' Club of Chicago and the Chicagoland Chamber of Commerce. He serves on the CFTC Global Markets Advisory Committee,[16] [17] the board of Managed Funds Association [18] and on Youth Services of Glenview/Northbrook's Advisory Council.[19]

Donohue also serves as president of the CME Foundation.[20]

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."[21]

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.[22][23][24]

Video Interviews

SEC Filings

References

  1. ↑ CME Management. CME Group. Retrieved on January 19, 2008.
  2. ↑ "Board of Directors”. CME Group. Retrieved on January 19, 2008.
  3. ↑ "Craig Donohue, CME Group’s CEO, And Marcelo Trindade, Former CVM Chairman, Become Members Of The BM&F SA Board Of Directors," February 26, 2008”. Mondovisione. Retrieved on Feb. 27, 2008.
  4. ↑ Craig S. Donohue. Swiss Futures & Options Association. Retrieved on August 31, 2008.
  5. ↑ Craig Donohue turned CME Group into a futures trading powerhouse, but the battle's not over. Chicago Tribune. Retrieved on August 31, 2008.
  6. ↑ Donohue takes reins at CME. BNET. Retrieved on August 31, 2008.
  7. ↑ CME Enters Into New Employment Agreement with CEO Craig S. Donohue. CME via Syscom. Retrieved on August 31, 2008.
  8. ↑ CME Group Inc. CEO got $3.6M in 2007 pay. Trading Markets.com. Retrieved on August 31, 2008.
  9. ↑ CME Group Board of Directors. CME Group. Retrieved on August 31, 2008.
  10. ↑ CME Trust Announces Charitable Mission. CME Trust. Retrieved on August 31, 2008.
  11. ↑ Craig S. Donohue. NNDB. Retrieved on August 31, 2008.
  12. ↑ Craig Donohue turned CME Group into a futures trading powerhouse, but the battle's not over. Chicago Tribune. Retrieved on August 31, 2008.
  13. ↑ Craig S. Donohue. Swiss Futures & Options Association. Retrieved on August 31, 2008.
  14. ↑ CME Group's Craig S. Donohue to be honored as the 2009 International Executive of the Year. BusinessWire/Yahoo! Finance. Retrieved on April 14, 2009.
  15. ↑ 2008-2009 Board of Directors. Executives' Club of Chicago. Retrieved on August 31, 2008.
  16. ↑ Global Markets Advisory Committee Members. Commodity Futures Trading Commission. Retrieved on November 20, 2009.
  17. ↑ {[Cite web|url=http://www.huffingtonpost.com/2009/06/24/cftc-toothless-regulator_n_220455.html|name=CFTC, Toothless Regulator, Looks to Take a Bite Out of Derivatives|org=Huffington Post|date=November 20, 2009}}
  18. ↑ Board of Directors. Managed Funds Association. Retrieved on April 20, 2009.
  19. ↑ Craig S. Donohue Profile. Forbes. Retrieved on August 31, 2008.
  20. ↑ CME Foundation. CME Group. Retrieved on January 31, 2008.
  21. ↑ "CME Chief Executive Officer Establishes Personal Trading Plan". CME Group. Retrieved on November 7, 2007.
  22. ↑ Craig Donohue turned CME Group into a futures trading powerhouse, but the battle's not over. Chicago Tribune. Retrieved on August 31, 2008.
  23. ↑ A Look at a Leader. Chicago Tribune. Retrieved on August 4, 2008.
  24. ↑ CEO of Chicago Mercantile Exchange to speak at annual FEI-Drake Lecture. Drake University. Retrieved on August 31, 2008.
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