CHICAGO, Nov. 12, 2015 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has extended its employment agreement with Executive Chairman and President Terry Duffy through December 31, 2020. In addition, the company announced that it has extended its employment agreement with CEO Phupinder Gill through December 31, 2019.
Duffy, 57, a more than 30-year veteran of the futures industry, has served as Executive Chairman and President of CME Group since 2012, Executive Chairman since 2006 and Chairman since 2002. Gill, 55, who has been with the company since 1988, has served as CEO since 2012.
As the world's leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers clearing and settlement services across asset classes for exchange-traded contracts and over-the-counter derivatives transactions. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk.
CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc. CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.
SOURCE CME Group