secwatch.observer — SEC 8-K summary
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Issuer:     Cboe Global Markets, Inc. (CBOE)
CIK:        0001374310
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001104659-25-043543
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374310/000110465925043543/0001104659-25-043543-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374310/000110465925043543/tm2513717d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-043543

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