David Howson named as CBOE president

Dan Barnes

Cboe Global Markets has announced changes to its senior management team under chief executive officer, Ed Tilly, including the appointment of David Howson to the role of president, effective 12 May, 2022.

“Cboe’s recent growth means it is a very different company from the one it was only a few years ago and is uniquely positioned to drive further sustainable growth and value for our clients, shareholders and employees,” says Ed Tilly, chairman, chief executive officer and current president of Cboe Global Markets. “Through customer-led organic growth initiatives, along with M&A, we now have a truly global footprint across multiple asset classes to help capitalise on key industry trends including an increased demand for trading products and data services globally, the rise of the retail customer and ESG-focused investment. The appointment of David to the role of President, along with the other senior management changes announced today, will allow us to accelerate towards our goal of becoming one of the world’s largest global derivatives and securities networks, through continued focus on customer-led innovation, deeper integration across our ecosystem and the realisation of untapped growth opportunities in new regions and markets around the world.”

David Howson, Cboe Global Markets

David Howson, currently executive vice president at Cboe and president for Europe and Asia Pacific, will become president of Cboe Global Markets, effective 12 May, 2022. Howson will relocate from London to Chicago to assume his new position and will oversee Cboe’s business lines globally, including equities, derivatives, derivatives strategy, FX, data and access solutions, listings and The Options Institute, Cboe’s educational arm.

Tilly has served as Cboe Global Markets’ President since January 2019, chairman since February 2017 and as CEO and a director since May 2013.

Ade Cordell, currently senior vice president and president of Cboe Netherlands, will become president, Asia Pacific and will relocate to the region in the fourth quarter of 2022. Cordell will continue to report to Howson in his new role, in which he will oversee the business operations of Cboe Australia and Cboe Japan and be responsible for the company’s further expansion into the region. Cordell will continue to oversee Cboe’s European Derivatives (CEDX) business for the remainder of 2022 in its transition to a successor.

Natan Tiefenbrun, currently senior vice president and head of European equities at Cboe, will assume the role of president, Europe. Tiefenbrun will continue to report to Howson in his new role, in which he will oversee Cboe’s UK and Amsterdam-based businesses.

©Markets Media Europe, 2022