Thomas R. Donovan
From MarketsWiki
| Thomas R. Donovan | |
| |
| Occupation | Thomas R. Donovan |
|---|---|
| Employer | Chicago Board of Trade (formerly) |
| Location | Chicago, Illinois USA |
| Web site | www.cbot.com/ |
Thomas R. Donovan is the former president and chief executive officer of the Chicago Board of Trade.[1]
Background
Tom Donovan[2] presided over the Chicago Board of Trade for nearly two decades. After holding several prominent positions in the Chicago city government, including administrative assistant to Mayor Richard Daley, he joined the CBOT as secretary in 1979 and was appointed president and chief executive officer in 1982. Heading the CBOT, he was a master politician, raising the profile of the futures industry in Washington. He also led the CBOT into the era of electronic trading with the introduction of an electronic trading platform named "Project A."[3]
In 1984, FIA members, seeking to improve relations between futures commission merchants and exchanges, elected him to the FIA’s board of directors, and subsequently to the executive committee. He also has served on the board of directors of the National Futures Association.
In 2006, he was inducted into the Futures Industry Association Futures Hall of Fame.
Education
References
- ↑ Donovan out, CBOT searches for new chief exec. Futures Magazine. Retrieved on January 30, 2008.
- ↑ "Thomas R. Donovan”. Futures Industry Association. Retrieved on Dec. 27, 2007.
- ↑ FCMs and Exchanges: Innovation or Extinction?. FIA Magazine. Retrieved on January 30, 2008.
