Explore
Close
Your acceptance of all cookies will permit robust site functionality. If you don't allow cookies, some features and functionality of OCC's site may not operate as expected. If you do not choose either cookie setting for our site, or if you close this window, this message will continue to display on each page you visit. Cookie settings can be controlled in your Internet browser to automatically reject some forms of cookies. For more details on cookies this site uses, see our OCC Site Cookies page. In addition to using cookies, we retain other information, including your Internet Protocol (IP) address, for the purposes listed in the Privacy Policy.

OCC Re-Elects Craig Donohue as Executive Chairman, Elects Member and Public Directors at 2018 Stockholder Meeting

April 12, 2018
Chicago -

OCC, the world's largest equity derivatives clearing organization, today announced the election of three Class II Member Directors and two Class III Public Directors to its Board of Directors. In addition, Mr. Craig S. Donohue was re-elected as Executive Chairman of the Board. The vote took place during OCC's annual stockholder meeting on April 11.

The following Directors were unanimously elected as Class II Member Directors:

  • Thomas A. Frank, Executive Vice President/CIO, Interactive Brokers, LLC. Mr. Frank joined the OCC Board of Directors in 2015. His term expires in 2021.
  • Stephen Luparello, General Counsel, Citadel Securities. Mr. Luparello joined the OCC Board of Directors in 2017. His term expires in 2021.
  • Christine L. Show, Managing Director/Global Head of Listed Derivative Operations, SG Americas Securities, LLC. Ms. Show joined the OCC Board of Directors in 2014. Her term expires in 2021.

The following Directors were unanimously elected as Class III Public Directors:

  • Thomas R. Cardello, Chief Executive Officer, Venice Financial Management, LLC. Mr. Cardello joined the OCC Board of Directors in 2015. His term expires in 2021.
  • Alice Patricia White, retired economist. Ms. White joined the OCC Board of Directors in 2012. Her term expires in 2021.

"The election of these five knowledgeable experts from the financial services sector allows OCC to continue its transformation to a systemically important market influencer that ensures confidence in the financial markets and the broader economy," said Craig Donohue, OCC Executive Chairman and Chief Executive Officer.

This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as an endorsement, recommendation or solicitation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of the disclosure document, Characteristics and Risks of Standardized Options. Individuals should not enter into option transactions until they have read and understood this document. To obtain copies, contact your broker, any exchange on which options are traded, or The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 ([email protected]).