CBOE Holdings, Inc. Announces Reorganization and Names New Officers
"We are fortunate to have deep in-house expertise to meet today's challenges and opportunities. The reorganization maximizes the talents of a proven team. The areas most impacted, including Business Development, Market Regulation and Systems, reflect our ongoing commitment to providing customer satisfaction, fair markets and shareholder value," said
"Earning investor confidence and customer satisfaction is an exchange-wide commitment — from the efficiency of our systems, to the highest standards of market regulation, to the products and information we offer investors," said
Edward Provost, Executive Vice President, was named Chief Business Development Officer. He will oversee a greatly expanded Business Development Group. In addition to Institutional, Retail, International and Internet Marketing, Provost will lead trading operations and two new departments -- Business Analysis and Market Data Sales -- under the expanded Business Development Groupumbrella. Provost is a 37-year veteran of CBOE. He received his M.B.A. from the University of Chicagoand is a graduate of Loyola University. Eric Fraitwas named Vice President, Business Analysis. In this newly created role, Frait will lead the new Business Analysis area for the company and will assume primary responsibility for strategy related to C2, the company's all-electronic exchange. Frait is a 16-year veteran of CBOE. He received his M.B.A. from Loyola Universityand is a graduate of University of Iowa. Thomas Knorringwas named Vice President, Market Data Sales. In this newly created role, Knorring will manage development and sales of CBOE's proprietary market data. Knorring is a 34-year veteran of CBOE. He received his M.B.A. from Northwestern Universityand is a graduate of Northern Illinois University. David Graywas named Vice President, Relationship Management, New York. Gray is a 22-year veteran of CBOE. He received his M.B.A. from the Lake Forest Graduate School of Managementand is a graduate of Western Michigan University. Paul Stephenswas named Vice President, Marketing and Sales. Stephens is a 16-year veteran of CBOE. He received his M.B.A. from Loyola Universityand is a graduate of Southern Illinois University. Michael Treeswas named Vice President, Trading Systems Development. Trees is an eight-year veteran of CBOEand a graduate of Gustavus Adolphus College. Kerry Winterswas named Vice President, Market Operations. Winters is a 36-year veteran of CBOE. She received her M.B.A. from DeVry Universityand is a graduate of Saint Xavier University.
Carol Kennedy, Vice President of Corporate Communications, was named Chief Branding Officer. In this newly expanded role, Kennedy will continue to lead CBOE's corporate, media and public relations areas and will also develop and administer CBOE's corporate branding and associated programs. Kennedy is a 19-year veteran of CBOEand a graduate of Northwestern University.
Philip Slocum, Executive Vice President, was named Special Advisor to the Chairman. Slocum is a 37-year veteran of CBOE. He received his master's degree from George Williams Collegeand is a graduate of Carthage College. Maureen Smithwas named Vice President, Corporate Project Management. Smith is a 35-year veteran of CBOEand a graduate of Saint Xavier University.
Finance & Administration
Deborah Koopmanwas named Vice President, Investor Relations. Koopman is a four-year veteran of CBOE. She received her M.B.A. from Lewis Universityand is a graduate of Southern Illinois University. David Reynoldswas named Vice President and Chief Accounting Officer. Reynolds is a three-year veteran of CBOE. He received his M.B.A. and bachelor's degrees from Lehigh University.
Angelo Evangelouwas named Associate General Counsel. Evangelou is a 12-year veteran of CBOE. He received his J.D. from Boston Universityand is a graduate of the University of Michigan.
Karen Christiansenwas named Vice President, Regulatory Services. Christiansen is a 12-year veteran of CBOEand a graduate of Purdue University. Patricia Sizemorewas named Vice President, Regulatory Services. Sizemore is a 34-year veteran of CBOEand a graduate of Illinois State University.
William Spethwas named Vice President, Research. Speth is a 17-year veteran of CBOE. He received his master's degree from the University of Rochesterand is a graduate of LeMoyne College.
Paul Ciciorawas named Vice President, Systems Infrastructure. Ciciora is a 23-year veteran of CBOEand studied computer science at Loyola University. Todd Furneywas named Vice President, Systems Security. Furney is an 11-year veteran of CBOE. He received both his master's and bachelor's degrees from Michigan State University. Bradley Samuelswas named Vice President, Systems Development. Samuels is a 22-year veteran of CBOEand studied computer science at Aurora University. Eileen Smithwas named Vice President, Systems Planning. Smith is a 25-year veteran of CBOEand a graduate of Albion College. Michael Toddwas named Vice President, Systems Operations. Todd is a 25-year veteran of CBOEand a graduate of the University of Illinois.
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