---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-043543"
form_type: "8-K"
ticker: "CBOE"
cik: "0001374310"
company_name: "Cboe Global Markets, Inc."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:01:39.713580+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cboe CEO Fredric Tomczyk retiring May 7; Craig Donohue named successor

## Summary
- Tomczyk resigns as CEO effective May 7, 2025, will serve in advisory role through June 30.
- Craig Donohue (ex-CEO of CME Group, ex-Chairman of OCC) appointed CEO and Board member effective May 7.
- Donohue's compensation: $1.3M base salary, 150% target bonus, $10.05M LTI grant, plus $6M sign-on equity with 3-year cliff.
- Tomczyk remains on Board subject to re-election at May 6 annual meeting; no severance, prorated 2025 bonus.
- Donohue's employment agreement runs to May 7, 2030 with automatic extensions.

## SEC filing metadata
- accession: 0001104659-25-043543
- form_type: 8-K
- ticker: CBOE
- cik: 0001374310
- company_name: Cboe Global Markets, Inc.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1374310/000110465925043543/0001104659-25-043543-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1374310/000110465925043543/tm2513717d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-043543
- JSON: https://secwatch.observer/filing/0001104659-25-043543.json
- Plain text: https://secwatch.observer/filing/0001104659-25-043543.txt

## Key facts
- Executive change
  Craig Donohue was appointed as Chief Executive Officer at Cboe Global Markets, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Craig Donohue will succeed Mr. Tomczyk as Chief Executive Officer of the Company and be elected to the Board, both effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1374310/000110465925043543/0001104659-25-043543-index.htm
- Executive change
  Fredric J. Tomczyk resigned as Chief Executive Officer at Cboe Global Markets, Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On May 1, 2025, Fredric J. Tomczyk, Chief Executive Officer of Cboe Global Markets, Inc. (the “Company”), and a member of the Company’s board of directors (the “Board”), informed the Company that he intends to retire from the Company, and will resign as Chief Executive Officer effective as of May 7, 2025 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1374310/000110465925043543/0001104659-25-043543-index.htm
- Executive change
  Craig Donohue was elected as Director at Cboe Global Markets, Inc..
  - Action: elected
  - Role: Director
  source text: Craig Donohue will succeed Mr. Tomczyk as Chief Executive Officer of the Company and be elected to the Board, both effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1374310/000110465925043543/0001104659-25-043543-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.