Cboe Global Markets Management

Management criteria checks 2/4

Cboe Global Markets' CEO is Fred Tomczyk, appointed in Sep 2023, has a tenure of less than a year. total yearly compensation is $9.08M, comprised of 3.2% salary and 96.8% bonuses, including company stock and options. directly owns 0.012% of the company’s shares, worth €2.10M. The average tenure of the management team and the board of directors is 2.6 years and 5.4 years respectively.

Key information

Fred Tomczyk

Chief executive officer

US$9.1m

Total compensation

CEO salary percentage	3.2%
CEO tenure	less than a year
CEO ownership	0.01%
Management average tenure	2.6yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Fred Tomczyk's remuneration changed compared to Cboe Global Markets's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$9m	US$288k	US$758m
Sep 30 2023	n/a	n/a	US$706m
Jun 30 2023	n/a	n/a	US$649m
Mar 31 2023	n/a	n/a	US$298m
Dec 31 2022	US$279k	n/a	US$234m
Sep 30 2022	n/a	n/a	US$240m
Jun 30 2022	n/a	n/a	US$210m
Mar 31 2022	n/a	n/a	US$500m
Dec 31 2021	US$261k	n/a	US$527m
Sep 30 2021	n/a	n/a	US$449m
Jun 30 2021	n/a	n/a	US$439m
Mar 31 2021	n/a	n/a	US$447m
Dec 31 2020	US$250k	n/a	US$467m
Sep 30 2020	n/a	n/a	US$466m
Jun 30 2020	n/a	n/a	US$462m
Mar 31 2020	n/a	n/a	US$436m
Dec 31 2019	US$145k	n/a	US$373m

Compensation vs Market: Fred's total compensation ($USD9.08M) is above average for companies of similar size in the German market ($USD5.55M).

Compensation vs Earnings: Fred's compensation has increased by more than 20% in the past year.

CEO

Fred Tomczyk (67 yo)

less than a year

Tenure

US$9,083,823

Compensation

Mr. Frederic J. Tomczyk, also known as Fred, served as an Additional Independent Director at Sagen Mortgage Insurance Company Canada (formerly known as Genworth Financial Mortgage Insurance Company Canada)...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Frederic Tomczyk	CEO & Director	less than a year	US$9.08m	0.012% $ 2.1m
David Howson	Executive VP & Global President	2yrs	US$4.96m	0.017% $ 3.0m
Jill Griebenow	Executive VP & CFO	less than a year	US$2.15m	0.0099% $ 1.8m
Christopher Isaacson	Executive VP & COO	5.3yrs	US$4.07m	0.055% $ 9.8m
Catherine Clay	Executive VP & Head of Global Derivatives	3.2yrs	US$2.41m	0.0055% $ 978.2k
Allen Wilkinson	Senior VP & Chief Accounting Officer	less than a year	no data	0.000080% $ 14.3k
Tim Lipscomb	Senior VP & CTO	2.2yrs	no data	no data
Kenneth Hill	Vice President of Investor Relations	no data	no data	no data
Alexandra Albright	Chief Compliance Officer	12.1yrs	no data	no data
John Sexton	Executive VP	6.2yrs	US$2.14m	0.016% $ 2.8m
Stacie Fleming	Senior Vice President of Marketing & Communications	3.3yrs	no data	no data
Bo Chung	Senior Vice President of Global Sales & Index Licensing	2.6yrs	no data	no data

2.6yrs

Average Tenure

47yo

Average Age

Experienced Management: C67's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Frederic Tomczyk	CEO & Director	4.8yrs	US$9.08m	0.012% $ 2.1m
Roderick Palmore	Independent Director	24.3yrs	US$311.38k	0.024% $ 4.3m
Jill Goodman	Independent Director	11.9yrs	US$281.02k	0.012% $ 2.2m
James Parisi	Independent Director	6yrs	US$335.26k	0.0074% $ 1.3m
William Farrow	Independent Non-Executive Chairman	8yrs	US$292.52k	0.010% $ 1.8m
Alexander Matturri	Independent Director	3.4yrs	US$285.88k	0.0043% $ 779.3k
Ivan Fong	Independent Director	3.4yrs	US$283.01k	0.0050% $ 890.4k
Edward Fitzpatrick	Independent Director	11yrs	US$318.51k	0.014% $ 2.6m
Janet Froetscher	Independent Director	19.3yrs	US$327.26k	0.012% $ 2.2m
Cecilia Mao	Independent Director	less than a year	no data	no data
Erin Mansfield	Independent Director	less than a year	no data	no data
Jennifer McPeek	Independent Director	3.8yrs	US$285.88k	no data

5.4yrs

Average Tenure

62yo

Average Age

Experienced Board: C67's board of directors are considered experienced (5.4 years average tenure).

Cboe Global Markets Management

Management criteria checks 2/4

Key information

Recent management updates

Cboe Global Markets, Inc., Annual General Meeting, May 16, 2024

Executive VP recently sold €1.2m worth of stock

Cboe Global Markets, Inc. Announces Management Changes

Insufficient new directors

Cboe Global Markets, Inc. Announces Chief Executive Officer Changes

Cboe Global Markets, Inc. Announces Executive Changes, Effective July 10, 2023

Recent updates

Cboe Global Markets, Inc., Annual General Meeting, May 16, 2024

Cboe Global Markets, Inc. Introduces Enhanced Margin Treatment for Index Options Overwriting Strategies

Cboe Global Markets, Inc. to Report Q1, 2024 Results on May 03, 2024

Executive VP recently sold €1.2m worth of stock

Upcoming dividend of US$0.55 per share

Fourth quarter dividend of US$0.55 announced

Full year 2023 earnings released: EPS: US$7.16 (vs US$2.20 in FY 2022)

Cboe Global Markets, Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2024

Cboe Global Markets, Inc. Announces Management Changes

Cboe Global Markets, Inc. Provides Earnings Guidance for the Fiscal Year 2024

Insufficient new directors

Cboe Global Markets, Inc. Announces to Offer Daily Expiries for Russell 2000 Index Options Suite, Beginning January 8, 2024

Cboe Global Markets, Inc. to Report Q4, 2023 Results on Feb 02, 2024

Upcoming dividend of US$0.55 per share at 1.2% yield

Cboe Global Markets, Inc. Reaffirms Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$1.96 (vs US$1.41 in 3Q 2022)

Cboe Global Markets and S&P Dow Jones Indices Introduces the Cboe S&P 500 Dispersion Index (DSPX)

Cboe Global Markets and S&P Dow Jones Indices to Launch New Credit Vix Indices on October 13, 2023

Cboe Global Markets, Inc. to Report Q3, 2023 Results on Nov 03, 2023

Cboe Global Markets, Inc. Announces Chief Executive Officer Changes

Upcoming dividend of US$0.55 per share at 1.5% yield

Cboe Global Markets, Inc. Declares Quarterly Cash Dividend for the Third Quarter of 2023, Payable on September 15, 2023

Second quarter 2023 earnings released: EPS: US$1.58 (vs US$1.74 loss in 2Q 2022)

Cboe Global Markets, Inc. Provides Financial Guidance for the Year 2023

Cboe Global Markets, Inc. Announces Executive Changes, Effective July 10, 2023

Cboe Global Markets, Inc. Plans to Expand Corporate Bond Index Offering with New Options on Futures and Extended Trading Hours for IBHY and IBIG Futures

Cboe Global Markets, Inc. Announces Executive Appointments

Cboe Global Markets, Inc. to Report Q2, 2023 Results on Aug 04, 2023

Independent Director recently sold €1.9m worth of stock

Cboe Global Markets, Inc. Launches 1-Day Volatility Measure to Rival ATR, ADR and Traditional Indicators

Upcoming dividend of US$0.50 per share at 1.5% yield

Cboe Global Markets, Inc. Declares Second-Quarter 2023 Dividend, Payable on June 15, 2023

First quarter 2023 earnings released: EPS: US$1.63 (vs US$1.02 in 1Q 2022)

Cboe Global Markets, Inc. Provides Financial Guidance for the Year 2023

Cboe Global Markets, Inc. to Launch Cboe One Options Feed, A New, Real-Time U.S. Options Market Data Solution

Cboe Australia Announces Management Changes

Cboe Global Markets, Inc. Declares Quarterly Cash Dividend for the First Quarter of 2023, Payable on March 15, 2023

Full year 2022 earnings released: EPS: US$2.20 (vs US$4.93 in FY 2021)

Cboe Global Markets, Inc. Provides Revenue Guidance for the Fiscal Year 2023

Cboe Appoints Vikesh Patel as President of Cboe Clear Europe

Cboe Global Markets, Inc. to Report Q4, 2022 Results on Feb 03, 2023

Now 21% undervalued after recent price drop

Executive VP recently sold €354k worth of stock

Upcoming dividend of US$0.50 per share

Cboe Global Markets, Inc. Appoints David Howson to Global President

Cboe Global Markets Declares Fourth-Quarter 2022 Dividend, Payable on December 15, 2022

Chairman & CEO recently sold €1.3m worth of stock

Chairman & CEO recently sold €1.3m worth of stock

Third quarter 2022 earnings released: EPS: US$1.41 (vs US$1.12 in 3Q 2021)

Cboe Global Markets Provides Revenue Guidance for the Full Year of 2022

Cboe Global Markets, Inc. to Report Q3, 2022 Results on Nov 04, 2022

Cboe Global Markets, Inc. Announces to Further Expand S&P 500 Index Options Suite with New and Additional Daily Expirations

Insider recently sold €148k worth of stock

Cboe Global Markets, Inc. Declares Third-Quarter 2022 Dividend, Payable on September 15, 2022

Second quarter 2022 earnings released: US$1.74 loss per share (vs US$0.98 profit in 2Q 2021)

Cboe Global Markets, Inc. Revises Earnings Guidance for the Fiscal Year 2022

Cboe Global Markets, Inc. to Launch FLEX Micro Options

Cboe Global Markets, Inc. Announces Resignation of Jill Sommers as Member of its Board of Directors, Effective June 30, 2022

Cboe Global Markets, Inc. to Report Q2, 2022 Results on Jul 29, 2022

Cboe Global Markets, Inc. (BATS:CBOE) acquired Aequitas Innovations, Inc.

Insider recently bought €67k worth of stock

Cboe Global Markets, Inc. Declares Quarterly Cash Dividend, Payable on June 15, 2022

Cboe Global Markets, Inc. (BATS:CBOE) completed the acquisition of Eris Exchange, LLC.

Cboe Global Markets, Inc. Reaffirms Revenue Guidance for the Full Year 2022

First quarter 2022 earnings released: EPS: US$1.02 (vs US$1.28 in 1Q 2021)

Cboe Global Markets, Inc. Announces the Launch of New Equity Index Futures and Options Products for Trading on Cboe Europe Derivatives

Cboe Global Markets, Inc., Annual General Meeting, May 12, 2022

Cboe Global Markets, Inc. Announces Executive Changes

Cboe Global Markets, Inc. Promotes Greg Hoogasian to Executive Vice President, Chief Regulatory Officer