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OCC Appoints Chris Isaacson of Cboe Global Markets to Board of Directors

January 16, 2019
Chicago -

OCC, the world's largest equity derivatives clearing organization, announced today that Chris Isaacson, Executive Vice President, Chief Operating Officer of Cboe Global Markets, Inc., has joined OCC's Board of Directors as an Exchange Director. He replaces Edward Tilly, Chairman, Chief Executive Officer and President of Cboe Global Markets, who resigned from OCC's board earlier this month.

Chris Isaacson"OCC works diligently in its role as a Systemically Important Financial Market Utility to clear the path for investors by ensuring confidence in financial markets and the broader economy," said Craig Donohue, OCC Executive Chairman and Chief Executive Officer. "Adding Chris to our board of directors supports OCC's continued resiliency, innovation and growth as an industry leader as we work to provide high-quality, efficient clearing, settlement and risk management services to market participants.

"Throughout his many years of service on the OCC Board of Directors, Ed Tilly provided sound guidance and thoughtful leadership to the Board as a whole, and more specifically, through his work on various board committees, including becoming the first exchange director on the Risk Committee. On behalf of the board and management team, I thank Ed for his efforts on behalf of OCC."

At Cboe, Isaacson is responsible for running the day-to-day operations of the company, including oversight of all technology and operations, risk and information security, the trade desk, infrastructure, data and analytics, and foreign exchange technology and operations. He holds a B.S. degree in information systems with a minor in math from Nebraska Wesleyan University, and an MBA from the University of Nebraska, Lincoln, where he currently serves on the Advisory Board at the Raikes School of Computer Science and Management.

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 (investorservices@theocc.com).