CME Group Management

Management criteria checks 3/4

CME Group's CEO is Terry Duffy, appointed in Nov 2016, has a tenure of 29.83 years. total yearly compensation is $23.47M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 0.026% of the company’s shares, worth €21.35M. The average tenure of the management team and the board of directors is 4.8 years and 19.5 years respectively.

Key information

Terry Duffy

Chief executive officer

US$23.5m

Total compensation

CEO salary percentage	8.5%
CEO tenure	8yrs
CEO ownership	0.03%
Management average tenure	4.8yrs
Board average tenure	19.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Terry Duffy's remuneration changed compared to CME Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$3b
Jun 30 2024	n/a	n/a	US$3b
Mar 31 2024	n/a	n/a	US$3b
Dec 31 2023	US$23m	US$2m	US$3b
Sep 30 2023	n/a	n/a	US$3b
Jun 30 2023	n/a	n/a	US$3b
Mar 31 2023	n/a	n/a	US$3b
Dec 31 2022	US$23m	US$2m	US$3b
Sep 30 2022	n/a	n/a	US$3b
Jun 30 2022	n/a	n/a	US$3b
Mar 31 2022	n/a	n/a	US$3b
Dec 31 2021	US$23m	US$2m	US$3b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$16m	US$2m	US$2b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$12m	US$2m	US$2b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	US$2b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$13m	US$2m	US$2b
Sep 30 2018	n/a	n/a	US$5b
Jun 30 2018	n/a	n/a	US$4b
Mar 31 2018	n/a	n/a	US$4b
Dec 31 2017	US$12m	US$2m	US$4b

Compensation vs Market: Terry's total compensation ($USD23.47M) is above average for companies of similar size in the German market ($USD4.86M).

Compensation vs Earnings: Terry's compensation has been consistent with company performance over the past year.

CEO

Terry Duffy (66 yo)

8yrs

Tenure

US$23,468,000

Compensation

Mr. Terrence A. Duffy, also known as Terry, has been Chief Executive Officer and Chairman at CME Group, the world’s leading derivatives marketplace since November 15, 2016. Mr. Duffy is the Chief Executive...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Terrence Duffy	Chairman & CEO	8yrs	US$23.47m	0.026% € 21.3m
Lynne Fitzpatrick	President & CFO	1.6yrs	US$2.56m	0.0047% € 3.8m
Sunil Cutinho	Chief Information Officer	2.8yrs	US$3.40m	0.0075% € 6.1m
Derek Sammann	Senior MD & Global Head of Commodities Markets	15.1yrs	US$3.41m	0.0097% € 7.8m
Michael Dennis	Global Head of Fixed Income	less than a year	US$265.08k	0.0018% € 1.4m
Suzanne Sprague	Senior MD	no data	no data	0.0027% € 2.1m
Jack Tobin	MD & Chief Accounting Officer	9.8yrs	no data	0.0065% € 5.3m
John Peschier	Managing Director of Investor Relations	no data	no data	no data
Jonathan Marcus	Senior MD & General Counsel	2.1yrs	no data	0.0020% € 1.7m
Anita Liskey	Senior Managing Director of Corporate Marketing & Communications	17.8yrs	no data	no data
Hilda Piell	Senior MD & Chief Human Resources Officer	17.3yrs	no data	0.0086% € 7.0m
Kendal Vroman	Chief Transformation Officer	4.8yrs	no data	0.0060% € 4.9m

4.8yrs

Average Tenure

56yo

Average Age

Experienced Management: MX4A's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Terrence Duffy	Chairman & CEO	29.8yrs	US$23.47m	0.026% € 21.3m
Larry Gerdes	Independent Director	17.3yrs	US$323.50k	0.011% € 9.1m
Terry Savage	Independent Director	21.6yrs	US$264.08k	0.0050% € 4.1m
Daniel Glickman	Independent Director	23.3yrs	US$273.02k	0.0047% € 3.8m
Dennis Suskind	Lead Independent Director	16.3yrs	US$339.66k	0.0011% € 883.5k
Martin Gepsman	Independent Director	30.8yrs	US$277.08k	0.0070% € 5.6m
William Shepard	Independent Director	27.8yrs	US$258.50k	0.071% € 57.9m
Howard Siegel	Independent Director	24.8yrs	US$301.08k	0.022% € 17.7m
Charles Carey	Independent Director	17.3yrs	US$311.08k	0.0024% € 1.9m
Timothy Bitsberger	Independent Director	16.5yrs	US$325.08k	0.0029% € 2.4m
Daniel Kaye	Independent Director	5.5yrs	US$301.08k	0.0012% € 940.2k
Phyllis Lockett	Independent Director	5.5yrs	US$306.08k	0.0012% € 940.2k

19.5yrs

Average Tenure

70.5yo

Average Age

Experienced Board: MX4A's board of directors are seasoned and experienced ( 19.5 years average tenure).

CME Group Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold €1.5m worth of stock

CME Group Inc. Names Mike Dennis as Global Head of Fixed Income

CME Group Inc. Appoints John Ricci as Managing Director and Global Head of Agricultural Products

Insider recently sold €1.4m worth of stock

Chairman & CEO recently sold €7.9m worth of stock

CME Group Inc., Annual General Meeting, May 09, 2024

Recent updates

CME Group Announces to Launch Mortgage Rate Futures in January 2025

Dividend of US$1.15 announced

CME Group Inc. Declares Fourth-Quarter Dividend, Payable on December 27, 2024

Third quarter 2024 earnings released: EPS: US$2.54 (vs US$2.06 in 3Q 2023)

CME Group Announces First Trades of CBL Australian Carbon Credit Unit (ACCU) Futures

CME Group Sets New, All-Time Quarterly and September Adv Records Driven by Growth Across All Asset Classes

CME Group Announces Bitcoin Friday Futures Launches and Available for Trading

CME Group to Launch Yen- and U.S. Dollar-denominated Micro Nikkei Futures on October 28

CME Group Inc. to Report Q3, 2024 Results on Oct 23, 2024

Insider recently sold €1.5m worth of stock

Upcoming dividend of US$1.15 per share

CME Group to Launch Wheat Spread Futures on October 14

CME, S&P Reportedly Explore Sale of Joint Venture OSTTRA

Dividend of US$1.15 announced

CME Group Inc. Declares Third-Quarter Dividend, Payable on September 25, 2024

Now 21% undervalued after recent price drop

Second quarter 2024 earnings released: EPS: US$2.46 (vs US$2.14 in 2Q 2023)

CME Group and CF Benchmark to Launch Two New Cryptocurrency Reference Rates and Real-Time Indices on July 29, 2024

CME Group Inc. Names Mike Dennis as Global Head of Fixed Income

CME Group Inc. Appoints John Ricci as Managing Director and Global Head of Agricultural Products

Upcoming dividend of US$1.15 per share

CME Group Inc. to Report Q2, 2024 Results on Jul 24, 2024

Dividend of US$1.15 announced

Insider recently sold €1.4m worth of stock

CME Group Announces to Expand Its Suite of Short-Term WTI Crude Oil Options

Chairman & CEO recently sold €7.9m worth of stock

First quarter 2024 earnings released: EPS: US$2.38 (vs US$2.43 in 1Q 2023)

CME Group Inc. to Report Q1, 2024 Results on Apr 24, 2024

Upcoming dividend of US$1.15 per share

CME Group to Launch Micro Euro-Denominated Bitcoin and Ether Futures on March 18

CME Group Launches Clearing Service for Mexican F-TIIE Overnight Index Swaps

Full year 2023 earnings released: EPS: US$8.99 (vs US$7.41 in FY 2022)

Dividend of US$1.15 announced

CME Group Declares Quarterly Dividend, Payable on March 26, 2024

CME Group to Launch E-mini S&P 500 Equal Weight Futures on February 26

Saudi Tadawul Group Holding Company (SASE:1111) entered into a binding agreement to acquire unknown minority stake in Dubai Mercantile Exchange Limited from a group of sellers.

CME Group to Launch Longer-Dated Event Contracts on January 29

CME Group Inc. to Report Q4, 2023 Results on Feb 14, 2024

Upcoming dividend of US$5.25 per share at 4.5% yield

CME Group Inc., Annual General Meeting, May 09, 2024

CME Group Declares Annual Variable Dividend, Payable on January 18, 2024

CME Group to Launch FX Spot+ to Connect Otc and Futures Liquidity

Insider recently sold €2.6m worth of stock

Upcoming dividend of US$1.10 per share at 4.1% yield

CME Group Inc. Declares a Fourth-Quarter Dividend, Payable on December 28, 2023

CME Group Expands Suite of Short-Term Options on U.S. Treasury Futures

Third quarter 2023 earnings released: EPS: US$0.002 (vs US$1.87 in 3Q 2022)

CME Group Inc. to Report Q3, 2023 Results on Oct 25, 2023

CME Group to Launch T-Bill Futures on October 2, as U.S. Treasury Futures Open Interest Hits Record 19.8 Million Contracts

Upcoming dividend of US$1.10 per share at 4.4% yield

Insider recently sold €1.2m worth of stock

CME Group Inc. Declares Third-Quarter Dividend, Payable on September 27, 2023

New minor risk - Insider selling

Chief Information Officer recently sold €1.8m worth of stock

Second quarter 2023 earnings released: EPS: US$2.14 (vs US$1.82 in 2Q 2022)

CME Group Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$1.10 per share at 5.0% yield

CME Group Inc. Elects Harold Ford and Duffy, Kathryn Benesh as Directors

Cme Group Inc. Declares Quarterly Dividend, Payable on June 27, 2023

First quarter 2023 earnings released: EPS: US$2.46 (vs US$1.96 in 1Q 2022)

Independent Director recently bought €87k worth of stock

Upcoming dividend of US$1.10 per share at 4.8% yield

Full year 2022 earnings released: EPS: US$7.41 (vs US$7.30 in FY 2021)

CME Group Inc. Announces Director Retirements

Independent Director recently bought €258k worth of stock

CME Group to Launch Micro E-Mini Nasdaq-100 and S&P 500 Monday, Tuesday, Wednesday and Thursday Weekly Options on February 13

CME Group Inc. to Report Q4, 2022 Results on Feb 08, 2023

Upcoming dividend of US$4.50 per share

CME Group Inc., Annual General Meeting, May 04, 2023