CBOE Holdings Executive Officers
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William J. Brodsky is Chairman and Chief Executive Officer of CBOE Holdings and the Chicago Board Options Exchange (CBOE). In October 2008, Brodsky was the first leader of a derivatives exchange to be named Chairman of the World Federation of Exchanges (WFE). He previously served as Vice Chairman of the WFE from 2007 to 2008. Brodsky's election as WFE Chairman marks the culmination of four decades of leadership roles in the U.S. options, futures and securities markets.
As Chairman and CEO of CBOE since 1997, Brodsky has overseen a period of tremendous growth and product innovation at the exchange, as well as the successful transformation of CBOE's traditional open-outcry market model into a world-class hybrid trading system. He serves as the options industry's leading advocate in shaping market policy and regulation, and is currently guiding CBOE through demutualization from a membership organization to a for-profit stock corporation and the initial public offering of CBOE Holdings stock.
Prior to joining CBOE, Brodsky served for 15 years at Chicago Mercantile Exchange (CME), where he oversaw the launch of the CME Globex trading system and played a pivotal role in the development and globalization of stock index futures. He joined CME in 1982 as Executive Vice President and Chief Operating Officer and, in 1985, was named President and Chief Executive Officer, a post he held until joining CBOE in February 1997.
Brodsky began his career as an attorney in the securities industry with the firm of Model, Roland and Company in 1968. In 1974, he joined the American Stock Exchange (AMEX) where he became head of options trading in 1976 and served as Executive Vice President for operations between 1979 and 1982. He also served for seven years as the AMEX representative on the board of The Options Clearing Corporation.
Brodsky serves as a director of Integrys Energy Group, Inc, an S&P 500 company. He is a member of the Federal Reserve Bank of New York's International Advisory Committee, the Council on Foreign Relations in New York City, and the Civic Committee of the Commercial Club of Chicago. He is also the former chairman of the International Options Markets Association (IOMA).
He serves on the Kellogg School of Management Advisory Council, as a trustee of Syracuse University and is a member of the Board of Directors of Northwestern Memorial Hospital and chairs its investment committee. Brodsky holds an A.B. degree and a J.D. degree from Syracuse University and is a member of the Bar in Illinois and New York.
As Chairman and CEO of CBOE since 1997, Brodsky has overseen a period of tremendous growth and product innovation at the exchange, as well as the successful transformation of CBOE's traditional open-outcry market model into a world-class hybrid trading system. He serves as the options industry's leading advocate in shaping market policy and regulation, and is currently guiding CBOE through demutualization from a membership organization to a for-profit stock corporation and the initial public offering of CBOE Holdings stock.
Prior to joining CBOE, Brodsky served for 15 years at Chicago Mercantile Exchange (CME), where he oversaw the launch of the CME Globex trading system and played a pivotal role in the development and globalization of stock index futures. He joined CME in 1982 as Executive Vice President and Chief Operating Officer and, in 1985, was named President and Chief Executive Officer, a post he held until joining CBOE in February 1997.
Brodsky began his career as an attorney in the securities industry with the firm of Model, Roland and Company in 1968. In 1974, he joined the American Stock Exchange (AMEX) where he became head of options trading in 1976 and served as Executive Vice President for operations between 1979 and 1982. He also served for seven years as the AMEX representative on the board of The Options Clearing Corporation.
Brodsky serves as a director of Integrys Energy Group, Inc, an S&P 500 company. He is a member of the Federal Reserve Bank of New York's International Advisory Committee, the Council on Foreign Relations in New York City, and the Civic Committee of the Commercial Club of Chicago. He is also the former chairman of the International Options Markets Association (IOMA).
He serves on the Kellogg School of Management Advisory Council, as a trustee of Syracuse University and is a member of the Board of Directors of Northwestern Memorial Hospital and chairs its investment committee. Brodsky holds an A.B. degree and a J.D. degree from Syracuse University and is a member of the Bar in Illinois and New York.
Edward T. Tilly is the President and Chief Operating Officer of CBOE Holdings, Inc., Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2), the company's all-electronic exchange. He also serves as the Chairman of the Board of the CBOE Futures Exchange (CFE) and as a member of the Board of Directors for the CBOE Stock Exchange (CBSX).
Prior to being named President and COO in November 2011, Tilly served as CBOE's Executive Vice Chairman since 2006 and from 2004 to 2006 as CBOE's Member Vice Chairman, which was the highest member-elected position at the exchange.
He was a CBOE member from 1989 to 2006 and traded as both a market maker and a designated primary market maker (DPM). As a CBOE member, Tilly served on the CBOE Board of Directors from 1998 to 2000 and from 2003 to 2006. In 2006, he chaired the CBOE Floor Directors Committee and served on the Strategy and Implementation Task Force. He was also a member of the Executive Committee and Compensation Committee, key committees of the CBOE Board of Directors. Previously, he had also served on the Governance Committee.
Tilly is currently a board member of the OCC. He also served as a member of the Board of Directors of OneChicago, an all-electronic security futures exchange, and the National Stock Exchange (NSX).
He received a degree in Economics from Northwestern University.
Prior to being named President and COO in November 2011, Tilly served as CBOE's Executive Vice Chairman since 2006 and from 2004 to 2006 as CBOE's Member Vice Chairman, which was the highest member-elected position at the exchange.
He was a CBOE member from 1989 to 2006 and traded as both a market maker and a designated primary market maker (DPM). As a CBOE member, Tilly served on the CBOE Board of Directors from 1998 to 2000 and from 2003 to 2006. In 2006, he chaired the CBOE Floor Directors Committee and served on the Strategy and Implementation Task Force. He was also a member of the Executive Committee and Compensation Committee, key committees of the CBOE Board of Directors. Previously, he had also served on the Governance Committee.
Tilly is currently a board member of the OCC. He also served as a member of the Board of Directors of OneChicago, an all-electronic security futures exchange, and the National Stock Exchange (NSX).
He received a degree in Economics from Northwestern University.
Mr. Dean is Executive Vice President, Chief Financial Officer, Treasurer, and Chief Financial Officer of the CBOE. He has served in that capacity since 1988 and has been employed at the CBOE in the financial area since 1979. Mr. Dean serves on the board of directors of The Institute for Transfusion Medicine. He is a CPA, and he holds a B.S. degree in Accounting from Western Illinois University and an M.B.A. from Northwestern University's Kellogg Graduate School of Management.
Mr. DuFour is Executive Vice President of Corporate Planning and Development. He has served in that capacity since 1999 and has been employed at the CBOE since 1980. He serves on the board of OneChicago and as treasurer of the International Options Markets Association. Mr. DuFour is a director of the Lincoln Park Renewal Corporation and IPXI Holdings, LLC.. Mr. DuFour holds a B.B.A. degree from the University of Notre Dame and an M.B.A. from the University of Michigan.
Ms. Moffic-Silver is Executive Vice President, General Counsel and Corporate Secretary of the CBOE. She has served in that capacity since 1997 and has been employed at the CBOE since 1980. She is currently a member of the board of advisors of Northwestern University School of Law. Ms. Moffic-Silver received her B.A. degree with high honors and was elected a member of Phi Beta Kappa from the University of Wisconsin-Madison. Ms. Moffic-Silver received her J.D. degree with honors from Northwestern University School of Law.
Mr. O'Connell is Executive Vice President and Executive Vice President and Chief Information Officer of the CBOE. He has served in that capacity since 1993 and has been employed at the CBOE since 1984. Mr. O'Connell serves on the board of directors of the CBOE Stock Exchange. He holds a B.S. degree in Mathematics from Lewis University and a J.D. degree from John Marshall Law School.
Mr. Provost is Executive Vice President and Chief Business Development Officer of the CBOE. He has served as the head of our Business Development Division since 2000 and has been employed at the CBOE since 1975. Mr. Provost serves as Chairman of the board of directors of the CBOE Stock Exchange. He holds a B.B.A. in Finance from Loyola University of Chicago and an M.B.A. from the University of Chicago Graduate School of Business.
Mr. Reynolds is Vice President and Chief Accounting Officer of CBOE Holdings. He has served in that capacity since May 2009. Prior to that, Mr. Reynolds was with Hudson Highland Group, Inc., where he served in various roles including vice president, controller and chief accounting officer. From February 2005 to February 2007, Mr. Reynolds was vice president, controller and chief accounting officer of Bally Total Fitness Corporation. Prior to that, he spent twenty-two years in various financial roles at Comdisco, Inc., rising to senior vice president and controller. Mr. Reynolds began his career at Ernst & Young. Mr. Reynolds is a certified public accountant and a certified cash manager. He is a graduate of Lehigh University where he obtained a masters degree in business and a B.S. in Finance.
