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Biography Of David J. Vitale, CBOT President And CEO

Date 21/02/2001

David J. Vitale was appointed President and Chief Executive Officer of the Chicago Board of Trade on February 20, 2001. In addition to serving as a member of the CBOT®’s Board of Directors and Executive Committee, Mr. Vitale also serves as President and CEO on the Board of Directors and Executive Committee of the MidAmerica Commodity Exchange, an affiliate of the CBOT®.

Mr. Vitale is a former Vice Chairman and Director of Bank One Corporation, where he was responsible for Bank One’s Commercial Banking business, which operates throughout the United States and in select international markets. Real Estate and Private Banking also reported to Mr. Vitale, as did Investment Management and Corporate Investments.

Mr. Vitale joined First Chicago in 1968 in the First Scholar program. Following several assignments and promotions, Mr. Vitale was named vice president and treasurer of First Chicago Corporation in 1974; managed foreign exchange and money market activities of the Bank’s London branch in 1979; was named executive vice president in 1986; head of the Corporate and Institutional Bank in 1991; director in 1992; vice chairman in 1993; and following the merger of First Chicago and NBD in 1995, director and vice chairman of First Chicago NBD Corporation and president of The First National Bank of Chicago.

Mr. Vitale also serves in the following capacities: Trustee and chairman of the Executive Committee of the Board of Trustees of the Glenwood School for Boys; trustee of the Board of Trustees of the Museum of Science and Industry; trustee and treasurer of the Board of Trustees of The Art Institute of Chicago; former chairman and a member of the Board of Managers of the YMCA of Metropolitan Chicago; a member of the Advisory Council of the Graduate School of Business at the University of Chicago; a member of the Advisory Committee of the Kellogg School of Management, Northwestern University; and a member of the Visiting Committee of The School for Social Service Administration at the University of Chicago. He is a member and former president of the Board of Directors of Leadership Greater Chicago and a former elected director of The Harvard Alumni Association. He has been a Public Director of the Chicago Board Options Exchange.

He also is a member of the Economics Club of Chicago, the Chicago Club, The Arts Club and the Commercial Club of Chicago.

Mr. Vitale is a graduate of Harvard University and earned an MBA from the University of Chicago. He is a resident of Chicago.