Michael Peters to become CEO of Eurex Frankfurt
Michael Peters will succeed Thomas Book as CO of Eurex Frankfurt AG as of July 1, 2020.
Eurex Frankfurt AG and Eurex Clearing AG today announced changes to their Executive Boards.
Michael Peters will succeed Thomas Book as Chief Executive Officer of Eurex Frankfurt AG. The change is effective July 1, 2020.
Mr Peters has been Deputy CEO of the company since February 2016. He has been a member of the Executive Boards of Eurex Frankfurt AG. He is also a member of the Management Board of Eurex Deutschland.
As a Board Member, Mr. Peters has been responsible for derivatives business development, which includes strategic initiatives, market development for Asia and Middle East as well as pricing policy.
From 2001 to 2006, Mr. Peters worked at OMX AB in Stockholm as Head of Projects as well as for Strategic Initiatives. Besides important projects for exchange and clearing organizations in the U.S. and Asia/Pacific, his duties included the evaluation and implementation of strategic initiatives for the next generation of trading and clearing systems.
From 2000 to 2001, he was Managing Director of Trading Technologies in Frankfurt and Chicago, responsible for Business Development. From 1991 to 2000, Mr. Peters held various management positions within Deutsche Börse and Eurex, as well as Deutsche Terminbörse (DTB), a predecessor of Eurex. From March 2006 until March 2013 he was a Member of the Executive Board of Eurex Clearing AG.
Also today, Eurex announced that Randolf Roth will take over responsibility for Equity & Index Derivatives. As part of the changes, Mr Roth will also be responsible for Client Service Trading & Clearing.
Jonas Ullmann will join the Executive Board as Chief Operating Officer, taking over Trading Design & Delivery. His responsibilities will include the further development of trading functionalities and ongoing trading operations.
These personnel changes are a consequence of reorganized responsibilities on the Executive Board of Deutsche Börse AG, Eurex’s parent company. The Cash Market division, which was previously the responsibility of Hauke Stars, will be integrated into the Trading & Clearing division under Book as of July 1, 2020. Mr Book will hand over the role of CEO of Eurex Frankfurt AG to Peters.
Jens Janka will join the Executive Board of Eurex Clearing AG as Chief Operating Officer with responsibility for Clearing Design & Delivery. He succeeds Heike Eckert, who will take over the newly created Executive Board division Human Resources and Compliance at Deutsche Börse AG as of 1 July.
