Craig S. Donohue
Donohue joined OCC as executive chairman in January 2014 with the goal to lead transformational change across the organization in light of OCC's designation as a Systemically Important Financial Market Utility (SIFMU) by the Financial Stability Oversight Council.
In joining OCC in 2014, Donohue put together a three-part strategy for the organization to enhance OCC's resiliency to systemic risk; strengthen OCC's capital structure to ensure loss absorption and recovery capabilities, and reinvigorate OCC's leadership team to create a more engaged organization. He also plays a leadership role in promoting the importance of the listed options market to the U.S. and global economy through the Options Industry Council.
Before joining OCC, Donohue spent more than two decades in global financial markets, most recently as chief executive officer of CME Group from January 2004 until May 2012. During that time, Mr. Donohue led the successful completion of more than $20 billion in mergers and acquisitions, including CME's historic merger with the Chicago Board of Trade (CBOT) in 2007 and the acquisition of both the New York Mercantile Exchange (Nymex) and the Commodity Exchange Inc. (COMEX) in 2008. 
In 2010, Donohue was selected as one of the world's 50 best-performing CEOs by the Harvard Business Review. He is also the subject of a Harvard Business School case study published in 2011 for his excellence in strategy formulation and execution. In 2009, he was named to Institutional Investor Magazine's Power 50 list of the World's Most Influential People in Finance and was also recognized as The International Executive of the Year by the Executives' Club of Chicago.
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.The CME signed Donohue to a three-year contract extension in April 2006. 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 was a trustee of the CME Trust, 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:
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.
In 2010, Mr. Donohue was selected as one of the world's 50 best-performing CEOs by the Harvard Business Review. He is also the subject of a Harvard Business School case study published in 2011 for his excellence in strategy formulation and execution. In 2009, Mr. Donohue was named to Institutional Investor magazine's Power 50 list of the World's Most Influential People in Finance and was also recognized as The International Executive of the Year by the Executives' Club of Chicago.
Mr. Donohue is an active leader in national and local civic and philanthropic efforts. He is a past Board member and Chairman of the Council for Economic Education. He is also a past Board member and Chairman of the Executives' Club of Chicago and previously served as a director of the Chicago Council on Global Affairs.
Mr. Donohue holds a Masters of management degree from Northwestern University’s Kellogg Graduate School of Management, a Masters of Law degree in Financial Services Regulation from IIT Chicago-Kent College of Law, a Juris Doctor degree from The John Marshall Law School, and a Bachelor of Arts degree in political science and history from Drake University.
JLN News Feed
Libor to End in 2021 as FCA Says Bank Benchmark Is Untenable; Digital-Coin Companies Shrug Off SEC Scrutiny; Commodities giant Noble Group shrinks down as it warns of $1.8bn loss