2
Fredric Tomczyk
Executive Leadership
Cboe Global Markets
Financial Exchanges & Derivatives Market InfrastructureFounded 1973- HQ today: Chicago, Illinois, USA
Reviewed by Swet Parvadiya
Company data updated: November 2026
Leadership History
Cboe Global Markets: CEO History
2 leaders · Full leadership timeline
Who is the CEO of Cboe Global Markets?
Fredric Tomczyk is the CEO of Cboe Global Markets.
- Current CEO
- Fredric Tomczyk
- Leaders documented
- 2
- Founded
- 1973
| Name | Role | From | To | Years in role |
|---|---|---|---|---|
| Fredric Tomczyk | Executive Leadership | — | Present | — |
| Jill Griebenow | Finance & Strategy | — | Present | — |
Company Overview
Created in 1973 by members of the Chicago Board of Trade who sought a standardized marketplace to trade stock options, the Chicago Board Options Exchange opened on April 26, 1973, in a former smoking lounge of the CBOT building. Trading just 911 contracts on 16 stocks on its opening day, Cboe created the modern options industry.
Cboe Global Markets operates a transaction-volume and proprietary IP licensing business model. It earns transaction and clearing fees on every options, futures, equity, foreign exchange, and digital asset contract traded across its exchanges. Uniquely among exchange operators, Cboe holds exclusive index licensing rights for cash-settled S&P 500 options (SPX), mini-SPX options (XSP), and VIX futures and options, allowing it to charge premium contract fees without direct competitor listing risk. Complementing transaction fees, Cboe generates steady recurring revenue from proprietary real-time market data distribution, exchange connectivity port fees, and index calculation licensing, achieving operating profit margins exceeding 60%.
1
Jill Griebenow
Finance & Strategy
Challenges & Strategic Context
Cboe must navigate structural regulatory scrutiny regarding short-dated zero-day-to-expiration (0DTE) options trading and high-frequency market making. In multi-listed equities and options where Cboe does not hold proprietary exclusivity, intense pricing competition from rival exchanges (Nasdaq, NYSE/ICE, MEMX) pressures transaction take rates. Furthermore, maintaining ultra-low-latency matching engines and managing cybersecurity resilience across transatlantic exchange datacenters requires substantial ongoing capital investment.
Cboe Global Markets CEO and Leadership FAQ
Who is the CEO of Cboe Global Markets?
Fredric Tomczyk serves as the Chief Executive Officer of Cboe Global Markets.
Who are the other key executives at Cboe Global Markets?
The senior executive team includes leaders across technology, finance, product engineering, legal compliance, and commercial sales.
What is Cboe Global Markets's corporate governance philosophy?
Cboe Global Markets adheres to high standards of corporate transparency, data privacy, stakeholder alignment, and long-term value creation.
Where are Cboe Global Markets's executive headquarters located?
Cboe Global Markets maintains its principal executive offices in Chicago, United States.
How does leadership prioritize capital allocation?
Management prioritizes high-ROI software research, infrastructure stability, disciplined hiring, and strategic market expansion.
How is the Board of Directors composed?
The Board includes independent directors with substantial executive experience across global technology, enterprise finance, and corporate law.
Related Leadership Timelines
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