MGEX Board Appoints Public Directors, Officers, Committee Assignments

At its October 18, 2011 Organizational Meeting, MGEX (Exchange) announced its Board of Directors (Board), named 2011-2012 public directors, Board officers and approved committee representatives.

Four public directors were appointed by the Board; Curt Denisuik, Steve Fanady, William R. Power and Alan Swimmer. Each will serve a one year term.

The Board elected officers and members of the executive committee. Scott A. Cordes was named Board chairperson; Gary S. Weber was elected first vice chairperson; and Richard A. Dusek was named second vice chairperson. Public directors Steve Fanady and William R. Power complete the executive committee.

The Board appointed chairpersons for committees of the Board of Directors and standing committees of the corporation. A list is below.

Committees of the Board – Chairperson

Finance – Gary S. Weber
Membership – Joseph L. Tabet
Exchange Room – Martin F. Farrell
Personnel and Compensation – Richard A. Dusek
Regulatory Oversight – William R. Power

Standing Committees of the Corporation – Chairperson

Business Conduct – Scott A. Cordes
Cash Markets – Richard A. Dusekbr> Clearing House – Joseph L. Tabet
Futures Trading Conduct – Scott A. Cordes
Contracts – Richard A. Dusekbr> Nominations – Martin F. Farrell
Quotations – Albert Cyrlin