David B. Jones
David B. Jones is CME's new Director, Professional Development and Organizational Effectiveness. In this role, Jones oversees CME's leadership development and succession planning programs. He also advises the company on organizational structure and business process improvements.
At CME, Jones will draw on 18 years of experience in organizational effectiveness and human resources management. He has consulted with Fortune 1000 companies around the world, including Europe and the Far East. Most recently, Jones was with Hewitt Associates in Lincolnshire, Ill., where he was a principal in the firm's organizational effectiveness and human resources effectiveness practices. Before joining Hewitt in 1989, Jones was a general management consultant with Towers Perrin, Chicago.
Jones earned a bachelor's degree in mathematics and civil engineering from Union College in Schenectady, NY in 1978 and an MBA from Northwestern University's J.L. Kellogg Graduate School of Management in 1985.
Donald D. Serpico
Donald D. Serpico has rejoined CME as its Managing Director, GLOBEX® Control Center and Technology Integration. He oversees CME's GLOBEX Control Center and the company's trading floor technology services and training.
Serpico had a successful 20-year career with CME before leaving the company in 2002 to start his own business. CME promoted him to Vice President of Management Information Systems in 1983; Senior Vice President, Clearing Division in 1986; and Senior Vice President, Operations in 1987. From 1994 to 2002, Serpico was Executive Vice President, Operations (later, Managing Director under CME's current title structure).
Before joining CME in 1982, Serpico was Director of Information Systems for Pullman Standard Inc. and Manager of Systems and Programming for Zenith Radio Corporation. He earned a bachelor's degree in business management from DePaul University, Chicago in 1984.
Chicago Mercantile Exchange Inc. (www.cme.com) is the largest futures exchange in the United States. As an international marketplace, CME brings together buyers and sellers on its trading floors and GLOBEX® electronic trading platform. CME offers futures and options on futures primarily in four product areas: interest rates, stock indexes, foreign exchange and commodities. The exchange moved about $1.4 billion per day in settlement payments in 2003 and managed $37.6 billion in collateral deposits at Dec. 31, 2003, including $1.5 billion in deposits for non-CME products. CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE: CME), which is part of the Russell 1000® Index.
