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CME Group’s Terry Duffy to step down in 2027, CFO Lynne Fitzpatrick to become CEO
Lynne Fitzpatrick will become CEO as CME Group said average daily volume reached 28.1 million contracts last year.
- CME Group Chairman and CEO Terry Duffy will step down from his role next year, the company announced Wednesday. President and Chief Financial Officer Lynne Fitzpatrick will succeed him on March 1, 2027.
- Under Duffy's leadership, the company transitioned from floor-based to electronic trading and became the first U.S. exchange to go public. He completed mergers with the Chicago Board and New York Mercantile Exchange.
- Duffy joined CME Group as a runner in 1980, later founding his trading company, TDA Trading, in 1981. He joined the Board of the Chicago Mercantile Exchange in 1995.
- Lynne Fitzpatrick, currently President and Chief Financial Officer, joined CME Group in 2006 following investment banking roles at Credit Suisse and UBS. She will assume the CEO role on March 1, 2027.
- Throughout his tenure, Duffy guided CME Group through the 2008 global financial crisis, helping transform the firm from a Chicago institution into a global powerhouse. His leadership emphasized strong, transparent, and regulated markets.
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Chicago TribuneReposted by 
arcamax.com
arcamax.comCME Group chief Terry Duffy to step down next year and transition to executive chairman role
CME Group Chairman and CEO Terry Duffy, who has been at the helm of the organization for more than 25 years, will step down from his role next year.
·Chicago, United States
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Coverage Details
Total News Sources18
Leaning Left2Leaning Right1Center7Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
L 20%
C 70%
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