Wayne Luthringshausen

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Wayne P. Luthringshausen
Occupation	Chairman and CEO
Employer	The Options Clearing Corporation
Web site	www.optionsclearing.com

Wayne P. Luthringshausen^[1] is Chairman of the Board and Chief Executive Officer of The Options Clearing Corporation (OCC).

Background

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Luthringshausen began his career in the securities and futures industry in 1963 with two regional firms in New Orleans, Louisiana. In 1970, he joined the Chicago Board of Trade to assume an active role in the development of the Chicago Board Options Exchange.

In April 1973, when trading was launched at the CBOE, Luthringshausen was appointed executive vice president and secretary of the Chicago Board Options Exchange Clearing Corporation (CBOECC) and six months later was appointed president and CEO. In January of 1975, the CBOECC became OCC with the approval of the Securities and Exchange Commission. OCC currently performs the issuance, clearance, guarantee and settlement functions for all U.S. securities options exchanges and other entities.

Affiliations

Other affiliations include the Ad Hoc Coalition for Intermarket Coordination, Risk Management Center, IIT/Stuart School of Business Advisory Board, the International Association of Options Exchanges and Clearing Houses, International Organization of Securities Commissions Consultative Committee, Saint Patrick High School Board of Trustees and Finance Committee, Chicago Area Boy Scout Dinner Executive Committee, and the Economic Club of Chicago.

Education

Luthringshausen is a graduate of Loyola University of Chicago where he earned a BS in accounting. In 1979, he completed the Advanced Management Program at Harvard Business School.