Internet Entrepreneur Andrew 'Flip' Filipowski To Serve On CBOT Board Of Directors

The Board of Directors of the Chicago Board of Trade have elected Andrew "Flip" Filipowski to serve a four-year term as a Public Director on the Board. Filipowski currently is Chairman and CEO of divine interVentures, inc., a Chicago-based Internet operating company engaged in business-to-business e-commerce through a community of partner companies. Filipowski¹s business, civic and personal accomplishments are diverse. He has received numerous awards and serves on the board of several businesses, civic and community organizations and foundations. CBOT Chairman David P. Brennan said, "I am delighted that Flip will serve on our Board. Flip brings the type of business and technological expertise that our institution will thrive on. As we move forward with the restructuring process, his experience with modern business development and e-commerce will no doubt contribute to positioning our institution above all the rest. I congratulate our Nominating Committee for the thorough research and strategic thinking which made it possible for the CBOT to find such a perfect fit." CBOT President & CEO Thomas R. Donovan said, "I look forward to working closely with Flip Filipowski to continue to strategically prepare the exchange for growth and new opportunities. At a time of great change in our industry, his insights will be an important asset."