Craig S. Donohue
Executive Chairman and Chief Executive Officer, OCC
Craig S. Donohue is Executive Chairman and Chief Executive Officer of OCC. OCC is the world's largest equity derivatives clearing organization and the foundation for secure markets.
Mr. Donohue joined OCC as Executive Chairman in January 2014 with the goal to lead transformational change across the organization in light of OCC's designation as a Systemically Important Financial Market Utility (SIFMU) by the Financial Stability Oversight Council. His three-part strategy is focused on: 1) enhancing OCC's resiliency to systemic risk; 2) strengthening OCC's capital structure to ensure loss absorption and recovery capabilities, and; 3) reinvigorating OCC's leadership team to create a more engaged organization. Mr. Donohue is very active in building and strengthening relationships with market participants such as owner and participant exchanges, clearing member firms, and public customers, as well as with lawmakers, regulators and policymakers. He also plays a leadership role in promoting the importance of the listed options market to the U.S. and global economy through the Options Industry Council.
Prior to joining OCC, Mr. Donohue spent more than two decades in global financial markets, most recently as Chief Executive Officer of CME Group from January 2004 until May 2012. During that time, Mr. Donohue led the successful completion of more than $20 billion in mergers and acquisitions, including CME's historic merger with the Chicago Board of Trade (CBOT) in 2007 and the acquisition of both the New York Mercantile Exchange and the Commodity Exchange Inc. (NYMEX and COMEX) in 2008.
In 2010, Mr. Donohue was selected as one of the world's 50 best-performing CEOs by the Harvard Business Review. He is also the subject of a Harvard Business School case study published in 2011 for his excellence in strategy formulation and execution. In 2009, Mr. Donohue was named to Institutional Investor Magazine's Power 50 list of the World's Most Influential People in Finance and was also recognized as The International Executive of the Year by the Executives' Club of Chicago.
Mr. Donohue is an active leader in national and local civic and philanthropic efforts. He is a past Board member and Chairman of the Council for Economic Education. He is also a past Board member and Chairman of the Executives' Club of Chicago and previously served as a director of the Chicago Council on Global Affairs.
Mr. Donohue holds a Masters of Management degree from Northwestern University's Kellogg Graduate School of Management, a Masters of Law degree in Financial Services Regulation from IIT Chicago-Kent College of Law, a Juris Doctor degree from The John Marshall Law School, and a Bachelor of Arts degree in political science and history from Drake University.