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Prosperi Departs CBOT

Date 03/04/2003

The Chicago Board of Trade (CBOT®) today announced that David P. Prosperi, the long-time spokesman and Senior Vice President, has left the exchange. During his 13-year tenure at the CBOT, Prosperi played a leadership role in strengthening the exchange's brand and image among market participants, policymakers and the media.

Prosperi said, " During my 13 years, we were able to strengthen the brand and image of the Chicago Board of Trade, and I am confident that work will pay off as the exchange continues to grow and prosper. I also had the pleasure to work with some tremendously talented people at the CBOT®who are, in my view, the best professionals in the industry, and I wish them well. My decision to leave the exchange gives me the opportunity to pursue a variety of interesting and challenging ventures, and I am excited about the possibilities that lie ahead."

CBOT President and CEO Bernard W. Dan said, "David has served our members, member firms, and fellow employees with great distinction in his years of service with the exchange. His business experience, his knowledge of the world of communications, media relations and public affairs, and his understanding of the needs of our members, all resulted in tremendous contributions to the Chicago Board of Trade. We have great respect for David and the work he has done for the CBOT, and we wish him all the best."

Prosperi joined the CBOT in 1990 from Washington, D.C., where he was Assistant Secretary of Transportation for Public Affairs for U.S. Transportation Secretary Samuel K. Skinner. He has over 20 years of private and public sector experience in the areas of corporate communications, media relations and public affairs, starting in 1980 when he was White House Assistant Press Secretary for President Ronald Reagan. Prosperi also holds a masters degree in business