CME board to keep CEO Duffy on for another year
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By Laura Matthews
NEW YORK, Dec 6 (Reuters) - The board at CME Group on Wednesday approved an amended contract that extends CEO Terry Duffy's leadership for an extra year, according to a filing with the Securities and Exchange Commission.
Duffy, whose tenure was set to end on Dec. 31, 2024, will continue at the helm until December 2025, the filing stated.
The board said it "continues to believe that Duffy's strategic and innovative direction and in-depth knowledge of our business and the industry make him uniquely qualified to continue to lead the company and to execute on our strategy for long-term shareholder value creation". (Reporting by Laura Matthews Editing by Shri Navaratnam)
