Cboe Global Markets Makes Senior Leadership Changes

Cboe Global Markets has made several changes to its senior management team, reflecting the company’s recent global expansion and plans for its next phase of growth, according to a story in The Trade news. The changes include the promotion of David Howson to the role of president of Cboe Global Markets, effective 12 May 2022. Howson, who currently serves as executive vice president at Cboe and president for Europe and Asia Pacific, will relocate from London to Chicago to assume his new role. He will replace Ed Tilly as president of Cboe Global Markets, with the latter serving in the position since January 2019. Tilly will remain as Cboe’s CEO and chairman. Meanwhile, Ade Cordell, who currently serves as senior vice president of Cboe Netherlands, will become president, Asia Pacific. Cordell will relocate to the Asia Pacific region in Q4 of this year and continue to report to Howson in his new role, which will consist of overseeing the business operations of Cboe Australia and Cboe Japan, as well as the company’s further expansion into the region. In addition, Cordell will continue to oversee Cboe’s European Derivatives (CEDX) business for the remainder of this year to allow for a seamless transition to his successor. Elsewhere, Natan Tiefenbrun, Cboe’s current senior vice president and head of European equities, will take on the role of president, Europe. Tiefenburn will continue to report to Howson in his new role, which will consist of overseeing Cboe’s UK and Amsterdam-based businesses.