He specialized in financial futures at the CBOT.
He had a career in finance in New York and Chicago after serving in the Navy. He was a founding partner of Jackson Associates, a member firm of the Chicago Board of Trade.
In 1996, after serving as second vice president of the board of the CBOT, the nominating committee slated Richard Sandor for the second vice president slot, though Todebush was hoping to be renominated.
In 1990, Todebush as a member of the board of the CBOT ran for the second vice president spot, but was defeated by Carl Zapffe by a margin of 722 to 306.
After Todebush retired to Naples, FL, he leased his seat to someone who used it to trade on the Chicago Board Options Exchange.
Todebush weighed in on the conflict between the CBOT and the CBOT over exercise right privilege of CBOT full members to trade on the Chicago Board Options Exchange in letters to the U.S. Securities and Exchange Commission.
He served as a lieutenant in the U.S. Navy from 1957 to 1962.
He was graduate of Colgate University, where he was an All American lacrosse player and Officer Candidate School in Newport, R.I.
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