Nominees were slated to fill the following offices: Chairman of the Board of Directors (two-year term); three Full Member Directors (three-year terms), including at least one non-resident (the non-resident must have his/her place of business at least 50 miles from Chicago); two Full Member Directors (one-year terms); one Associate Member Director (three-year term); and two Nominating Committee Full Members (three-year terms).
CBOT Chairman of the Board of Directors Candidate(s):
The Full Member nominee to serve a two-year term as Chairman:
Charles P. Carey
CBOT Director Candidate(s):
The Full Member nominees for three-year terms as Directors are:
Nickolas J. Neubauer, Frank S. Serrino, and Michael D. Walter (non-resident)
The Full Member nominees for one-year terms as Directors are:
Mark E. Cermak and Robert F. Corvino
The Associate Member Nominee for a three-year term as Director is:
Raymond Cahnman
CBOT Nominating Committee Candidates:
The Full Member nominees for three-year terms as members of the Nominating Committee are:
Robert E. Goldberg and A. John Yavari
Additional candidates' names may be placed on the ballot for any office through a petition. Each candidate's petition must be signed by at least 40 members and submitted in care of the CBOT Secretary's Office no later than February 19, 2003.
Based on the current CBOT charter and bylaws, the exchange's 2003 Board of Directors, which will become effective immediately following the election on March 12, 2003, will include the Chairman, Vice Chairman, President and 15 Directors.
Elected board members whose terms are expiring are: Chairman Nickolas J. Neubauer, and Directors Raymond Cahnman, Mark E. Cermak, Robert F. Corvino, Veda Kaufman Levin, James P. McMillin (Associate Member), and Michael D. Walter (non-resident). Nominating Committee members whose terms are expiring are: Jack R. Frymire and Bruce A. Williams.
The current Nominating Committee is comprised of Jack R. Frymire, Chairman; Michael A. Manning; Joseph Niciforo; Scott M. Swank; and Bruce A. Williams.
