Cboe: Catherine Clay heads derivatives, Adam Inzirillo heads data solutions
Cboe’s reshuffling comes as financial exchanges increasingly look to diversify their product offerings and expand into new markets, all while grappling with the industry-wide trend toward digitalization and data-driven strategies.
In a bid to fortify its global growth strategy, Cboe Global Markets, Inc., the world’s premier derivatives and securities exchange network, announced key changes to its senior leadership team. Catherine Clay has been appointed Global Head of Derivatives, a newly created role for the organization. Adam Inzirillo has been promoted to Global Head of Data and Access Solutions.
Fred Tomczyk, Chief Executive Officer of Cboe Global Markets, emphasized the significance of these moves, saying, “Continuing the growth and expansion of our global Derivatives business presents a tremendous opportunity for Cboe and is an area where we intend to continue sharpening our focus. Today’s leadership appointments enable us to further leverage and expand our global footprint to deliver world-class products and services to our clients.”
“Cathy successfully led the global expansion of Cboe’s Data and Access Solutions business”
Catherine Clay will oversee Cboe’s global derivatives business, including futures and options markets in the U.S. and Europe, as well as globally traded proprietary products like the S&P 500 Index options and VIX franchises. David Howson, Global President of Cboe, praised Clay’s past work at the company, stating, “Cathy successfully led the global expansion of Cboe’s Data and Access Solutions business. Her track record at Cboe, coupled with her depth and breadth of experience in the trading industry and derivatives space specifically, make her the ideal leader to assume this new position.”
Adam Inzirillo will head Cboe’s Data and Access Solutions, which involves overseeing market data, global indices, risk and market analytics, and execution solutions services. His previous role was as Head of North American Equities. Howson expressed confidence in Inzirillo, saying, “Under Adam’s leadership, our Equities business brought many new client-driven solutions to the market. With Adam’s promotion, I’m excited to see the future innovations that are developed for our DnA business as we seek to meet global client demand for data and access solutions to our markets.”
Cboe’s reshuffling comes as financial exchanges increasingly look to diversify their product offerings and expand into new markets, all while grappling with the industry-wide trend toward digitalization and data-driven strategies.
These leadership changes not only set Cboe up for global expansion but also allow it to better focus on key areas of growth, namely derivatives and data solutions, aligning perfectly with the broader shifts in the financial markets. With an eye toward providing world-class services to its clients, Cboe is making strategic moves that are likely to pay dividends in the rapidly evolving world of financial services.
