CME Group CIO Kevin Kometer to retire by June 1, 2022; receives $500K payment and equity acceleration

CME GROUP INC.

Kevin Kometer stepped down as CIO on Feb 16, 2022; will retire no later than June 1, 2022.
Receives $500,000 cash retirement payment plus base salary through retirement date and accrued vacation.
All unvested time-vesting restricted stock grants accelerate; 25% of performance share awards vest based on actual performance.
Company will pay healthcare premiums for 12 months post-retirement; benefits contingent on release of claims.

item 5.02 item 9.01

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Departed

Kevin Kometer

Chief Information Officer

CME · CME GROUP INC.

Effective: 2022-06-01
Filed: April 14, 2022, 7:59 PM ET

Kevin Kometer, who previously served as our Chief Information Officer, plans to retire from the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin Kometer retired as Chief Information Officer at CME GROUP INC..

Action: retired
Role: Chief Information Officer

Exact text from the filing

Kevin Kometer, who previously served as our Chief Information Officer, plans to retire from the Company.

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CME GROUP INC. filing history →

Source: SEC EDGAR

accession 0001193125-22-105662

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