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OCC Announces Tracy Raben as New Chief Human Resources Officer

CHICAGO (November 10, 2014) - OCC announced today that Tracy Raben has joined OCC as Senior Vice President and Chief Human Resources Officer. She will report to Mike McClain, President and Chief Operating Officer.

Ms. Raben most recently served as Chief Human Resources Officer for Prospira Paincare, Inc. in California where she was responsible for leading the Human Resources division in all capacities including the development and implementation of strategy, tactics and operations. She previously held similar positions as Senior Vice President, Human Resources at RehabCare, a division of Kindred Healthcare and Vice President, Human Resources, Global Customer Management for Siemens Healthcare Diagnostics, a division of Siemens AG. Additionally, Ms. Raben has experience in labor and employment law prior to her specialization in human resources management.

"It is with great pleasure that we welcome Tracy to OCC," said Craig S. Donohue, OCC Executive Chairman. "Her broad experience as a strategically-focused human resources leader will benefit us as we elevate our capabilities to meet the heightened expectations that our stakeholders have for us as a systemically important financial market utility. As a senior member of our leadership team, Tracy will work with us to achieve a high level of employee engagement and to strengthen and expand our human capital as we continue to grow."

Ms. Raben received her Bachelor of Arts in Labor and Employment Relations from Michigan State University and an MBA from Keller Graduate School of Management.


About OCC

OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the Securities and Exchange Commission (SEC) as a Registered Clearing Agency and the Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. OCC now provides central counterparty (CCP) clearing and settlement services to 16 exchanges and trading platforms for options, financial futures, security futures and securities lending transactions. More information about OCC is available at