CME Announces Annual Corporate Officer Promotions

CME, the world’s largest and most diverse financial exchange, today announced the promotions of 23 employees as officers of the company.  The following promotions are effective Feb. 18. 

• Kevin Kometer, 42, Promoted to Managing Director & Deputy Chief Information Officer
  Kometer is responsible for the development and quality management of CME trading systems for both options and futures trading, both on the trading floor and on the CME Globex platform.  He reports to CME Managing Director & Chief Information Officer James R. Krause and previously served as Managing Director, Trade Execution Systems.  Before joining CME in 1994, he held technology roles at The Board of Trade Clearing Corporation and Continental Bank.  He earned a bachelor’s degree in computer science and math from Northern Illinois University.
• Anita S. Liskey, 42, Promoted to Managing Director, Corporate Marketing & Communications
  Liskey is responsible for managing corporate marketing and communications efforts to promote the CME brand with key constituents worldwide.  She reports to CME CEO Craig S. Donohue and previously served as Director, Corporate Marketing & Communications.  Before joining CME in 2002, Liskey held communications leadership roles for T. Rowe Price Group, Wells Fargo & Co., and the Chicago Board of Trade.  She also held account management roles at Financial Shares Corp. and Manning, Selvage & Lee.  Liskey earned a bachelor’s degree in journalism from Northern Illinois University.
• Joseph Panfil, 44, Promoted to Managing Director, Enterprise Technology Services
  Panfil is responsible for CME computer operations, distributed computing and information security areas, as well as the company’s change control and risk evaluation processes.  He reports to CME Managing Director & Chief Information Officer James R. Krause and previously served as Director, Enterprise Technology Services.  Before joining CME in 1997, he held information technology roles at First Options, Tradelink and Rich Inc.  He earned a bachelor’s degree in electronic engineering technology from Purdue University.
• Hilda Harris Piell, 39, Promoted to Managing Director & Senior Associate General Counsel
  Piell is responsible for reviewing, negotiating and drafting contracts for commercial transactions on CME’s behalf, with an emphasis on contracts for the acquisition of stock or assets from third parties, joint ventures with other industry participants and product development initiatives.  She reports to CME Managing Director, General Counsel & Corporate Secretary Kathleen Cronin and previously served as CME Director & Associate General Counsel.  Before joining CME in 2000, Piell served as an attorney for MCI Worldcom, Inc. and Jenner & Block and a law clerk for the Honorable Ruben Castillo in the U.S. District Court for the Northern District of Illinois.  Piell earned a bachelor’s degree, with high distinction, from the University of Michigan and a J.D. degree, cum laude, from the University of Michigan Law School.
• Laurie Czolgosz Bischel, 30, Promoted to Director, Internal Branding & Communications
  Bischel is responsible for all internal communications, for engaging CME employees in the CME brand and for leveraging the proven linkage between employee engagement, brand power and financial results.  She reports to CME Managing Director, Corporate Marketing & Communications Anita S. Liskey and previously served as Associate Director, Internal Branding & Communications.  Before joining CME in 2001, she worked in public affairs and communications for AMSTED Industries.  She also has taught business writing in both traditional and virtual classrooms at Purdue University.  Bischel earned a bachelor’s degree in English and history from Marquette University and a master’s degree in English from Purdue.
• Bo Chambliss, 30, Promoted to Director, Government Relations
  Chambliss is responsible for leading efforts to formulate and implement CME’s legislative and regulatory agendas, acting as the main liaison between CME and government officials in Washington.  He reports to CME CEO Craig S. Donohue and previously served as Associate Director, Government Relations. Before joining CME in 2004, Chambliss served as Associate General Counsel of the CFTC.  He received his bachelor’s degree from Mercer University and his J.D. degree from Mercer University’s Walter F. George School of Law.
• Francis J. Cote, 55, Promoted to Director, Tandem Technical Services
  Cote is responsible for the performance, maintenance, installation and support of CME’s Tandem computers and corresponding applications.  He reports to CME Managing Director, Technology Engineering John K. Hart and previously served as Associate Director, Tandem Technical Services.  Before joining CME in 1998, Cote served in technology roles for Alliance Software, Tandem Computers, IBM and the AB Dick Company. Cote attended DeVry University and DePaul University.
• Michael P. Duff, 35, Promoted to Director, Front-End Systems Technology
  Duff is responsible for the oversight of CME order entry applications, customer documentation, metrics, monitoring and analysis.  He reports to CME Director, Front-End Systems Technology Mark Ainis and previously served as Associate Director, Front-End Systems Technology.   Before joining CME in 2003, Duff worked as a technology consultant and systems architect for a variety of Chicago clients. He earned a bachelor’s degree in computer science from the University of Illinois.
• Andrew Durrant, 46, Promoted to Director, Foreign Exchange Products - Europe
  Durrant is responsible for promoting CME’s FX products and markets to European customers, increasing market share and product uptake across all customer segments. He reports to CME Managing Director, Foreign Exchange Derek Sammann and previously held the position of Associate Director, Foreign Exchange Products-Europe.  Before joining CME in 2005, Durrant worked in global FX markets through Option Computers Ltd. and through the FX desks at Daiwa Securities, Westpac Banking Corporation, Fuji Bank and Irving Trust/ Bank of New York. Durrant earned a degree in social science (economics) from the Open University. 
• David Lerman, 50, Promoted to Director, Equity Products and Services
  Lerman promotes CME’s equity product group primarily with institutional users, such as pension plan sponsors and money managers. He reports to CME Managing Director, Hedge Funds and Broker Services Tina Lemieux and previously served as Associate Director, Equity Products & Services. Prior to joining CME in 1988, Lerman was a member at the Chicago Board of Trade.  He also worked at Zavanelli Portfolio Research.   Lerman earned a bachelor’s degree in biochemistry from the University of Chicago. He also is the author of Exchange Traded Funds and E-mini Stock Index Futures (John Wiley & Sons).
• Jim Messer, 42, Promoted to Director, Network Services
  Messer is responsible for the design, implementation and support of CME local area networks, wide area networks, wireless networks and network management infrastructure.   He reports to CME Managing Director, Technology Engineering John K. Hart and previously served as Associate Director, Network Services.   Before joining CME in 1995, he held a variety of technology-related positions at First Chicago and the Board of Trade Clearing Corporation. He attended DePaul University.
• Donna Nehila, 38, Promoted to Director, Match Engine Development
  Nehila is responsible for managing all development efforts for EAGLE, the primary CME Globex match engine which is the centerpiece of electronic trading at CME. She reports to CME Managing Director, Match Engine Development James Farrell and previously served as Associate Director, Systems Development.   Before joining CME in 1999, Nehila worked as a clerk for an independent trader, as well as brokerage groups KPS Investments and T. Christopher Phillips.  She earned a bachelor’s degree in business administration from the University of Puget Sound and an MBA degree in management information systems from DePaul University. 
• William Parke, Promoted to Director, Corporate Marketing & Financial Communications
  Parke is responsible for corporate marketing, advertising and financial communications, and serves as executive speechwriter for CME senior leaders.  He reports to CME Managing Director, Corporate Marketing & Communications Anita S. Liskey and previously served as Associate Director, Corporate Marketing & Financial Communications.  Before joining CME in 2004, Parke was Director of Financial Communications for Motorola.  Earlier he held similar positions at Sears Roebuck and Ameritech, where he was responsible for corporate brand advertising, media relations, public affairs and speechwriting.  Parke serves on the boards of the Chicago chapters of the Business Marketing Association and the National Investor Relations Institute. He earned bachelor’s and master’s degrees from Northwestern University.
• Vince Ramirez, 50, Promoted to Director, Regulatory & Administrative Systems
  Ramirez oversees CME’s regulatory compliance and exchange fee systems. He reports to CME Director, Technology Phil Papesh and previously held the position of Associate Director, Regulatory & Administrative Systems. Ramirez joined CME in 1979. He has attended the Chicago City Colleges and the University of Illinois-Chicago.
• Richard Romeo, 44, Promoted to Director, Accounting and Budgets
  Romeo is responsible for oversight of CME’s financial planning, management reporting, exchange fee system and billing processes. He reports to CME Managing Director and Chief Accounting Officer Nancy Goble and previously served as Associate Director, Accounting and Budgets. Before joining CME in 2004, Romeo held finance roles at Household International and Ameritech. Romeo, a CPA, earned a bachelor’s degree in accounting from Rosary College and an MBA degree from Northern Illinois University.
• David Salvadori, 43, Promoted to Director, Corporate Program Office
  Salvadori is responsible for steering the successful execution of CME electronic options trading initiatives.  He reports to CME Director, Corporate Program Office Michael March and previously served as Associate Director, Corporate Program Office.   Before joining CME in 2000, Salvadori headed electronic trading market supervision at the Chicago Board of Trade and managed a trading desk at First Chicago.  He earned both a bachelor’s degree in business commerce and an MBA degree from DePaul University. 
• David Schulz, 50, Promoted to Director, CME Foreign Exchange Products
  Schulz is responsible for developing relationships with global foreign exchange (FX) market participants to increase global trading of CME FX products. He reports to CME Managing Director, Foreign Exchange Derek Sammann and previously held the position of Associate Director, CME Foreign Exchange Products. Prior to joining CME in 2003, Schulz was an independent floor trader in the CME FX markets and held FX broker/sales management roles for Merrill Lynch Futures Inc. on the CME trading floor. He also was an FX trader at Lloyd’s Bank PLC. in New York.  Schulz earned a bachelor's degree in economics from the University of Wisconsin-Madison.
• Sayee Srinivasan, 41, Promoted to Director, Research & Product Development
  Srinivasan is responsible for research and product development of CME financial products and alternative investment products such as real estate derivatives. He also plays a key role in CME’s business development efforts in Asia, particularly India and China. Srinivasan reports to CME Director, Financial Research Richard Co and previously served as Associate Director, Financial Product Development. Before joining CME in 2001, Srinivasan worked at OptiMark Technologies. He also held   investment banking roles for DSP Financial Services and Banque Nationale de Paris, both in Mumbai. Srinivasan earned a bachelor’s degree and master’s degree from the University of Bombay. He also earned master’s and Ph.D. degrees in economics from the University of Texas at Austin.
• John Steele, 47, Promoted to Director, Treasury Strategy and Capital Markets
  Steele is responsible for management of CME’s capital structure, including analysis and execution of shareholder dividends, long range financial modeling and investment banking capital markets relationships. Steele also assists with all real estate and leasing needs. He reports to CME Director, Treasurer James Pribel and previously served as Associate Director, Treasury Strategy and Capital Markets. Before joining CME in 2000, Steele worked for Deloitte & Touche. He earned a bachelor’s degree in business administration from Emory University, a master’s degree in accounting from the University of Illinois and an MBA degree from the University of Chicago. Steele is also a registered Certified Public Accountant.

CME (www.cme.com) is the world’s largest and most diverse financial exchange.  As an international marketplace, CME brings together buyers and sellers on the CME Globex^® electronic trading platform and on its trading floors.  CME offers futures and options on futures in these product areas: interest rates, stock indexes, foreign exchange, agricultural commodities, energy, and alternative investment products such as weather, real estate and economic derivatives.  CME is a wholly-owned subsidiary of Chicago Mercantile Exchange Holdings Inc. (NYSE, NASDAQ: CME), which is part of the Russell 1000^® Index and the S&P 500^® Index.

Chicago Mercantile Exchange, CME, the globe logo, CME Globex and E-mini are trademarks of Chicago Mercantile Exchange Inc.  Other trade names, service marks, trademarks and registered trademarks that are not proprietary to Chicago Mercantile Exchange Inc. are the property of their respective owners, and are used herein under license.  Further information about CME and its products is available on the CME Web site at  www.cme.com.