Cboe Global Markets Names New CEO and Chairman After Investigation Into Outgoing CEO
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Fredric J. Tomczyk named new CEO of Cboe Global Markets, replacing Edward T. Tilly who resigned.
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Tilly resigned after investigation found he violated company policies by not disclosing personal relationships.
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Tomczyk previously served as CEO of TD Ameritrade and on Cboe's Board of Directors.
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William M. Farrow, III named non-executive Chairman of Cboe's Board of Directors.
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Cboe says its business and strategy remain strong despite leadership change.