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Monday, January 7, 2019

=Executive shake-up at Cboe (CBOE)


  • Cboe Global Markets, Inc. (CBOE)'s president and COO, Chris Concannon, 51, is leaving next week, obliterating expectations that he might have eventually become CEO.
  • Marketaxess (MKTX) appoints Chris Concannon as President and Chief Operating Officer, effective as of January 22, 2019. MarketAxess was founded in 2000 and is headquartered in New York, New York.


Ed Tilly, chairman and CEO, will add the role of president, effective Jan. 14. Tilly, 55, previously served as president from 2011 to 2013.

Cboe Global Markets, Inc. (CBOE) announced that Chris Isaacson, 40, Executive Vice President and Chief Information Officer, will become Executive Vice President and Chief Operating Officer, reporting to Chairman and Chief Executive Officer Ed Tilly.
Eric Crampton, Senior Vice President and Global Head of Software Engineering, will become Senior Vice President and Chief Technology Officer, reporting to Chris Isaacson.





Chris Concannon is President and Chief Operating Officer of Cboe Global Markets, Inc. (Cboe), joining the firm in 2017 as part Cboe’s acquisition of Bats Global Markets (Bats). He is responsible for Cboe’s transaction businesses, including Global Derivatives, U.S. and European Equities, and Global Foreign Exchange – as well as overseeing the company’s Technology, Operations, Risk, and Marketing divisions.

As CEO of Bats, Mr. Concannon led that company’s initial public offering in 2016, as well as the acquisition by Cboe in February 2017, creating one of the world’s largest exchange holding companies.

Under Mr. Concannon’s guidance, Bats operated the largest stock exchange by value traded in Europe, the second-largest stock exchange in the U.S., and growing exchange-traded products and U.S. options businesses.

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