CME Group Inc. Leadership Transition

CME Group Inc. announced a leadership transition. Terrence A. Duffy will transition from Chairman and CEO to Executive Chairman. Lynne C. Fitzpatrick, currently President and CFO, will succeed Duffy as CEO. This transition is effective on the later of March 1, 2027, or the filing date of the 2026 Form 10-K. Duffy will serve as CEO until the transition date and then as Executive Chairman until December 31, 2027. Fitzpatrick will continue as President and CFO until the transition date, after which she will assume the CEO role and join the Board. The company will search for a successor CFO. Duffy's existing employment agreement will continue until December 31, 2026, with a new Transition and Executive Chairman Agreement outlining his roles and compensation through December 31, 2027. Fitzpatrick's new Employment Agreement sets her CEO base salary at $1.2 million, with a target bonus of 200% and a long-term incentive opportunity of 700% of her base salary. Both agreements detail severance, benefits, and restrictive covenants. The company also announced these changes via a press release on June 17, 2026.