---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-067672"
form_type: "8-K"
ticker: "CME"
cik: "0001156375"
company_name: "CME GROUP INC."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:14:40.657263+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# CME Group finalizes CFO retirement, new severance plan for U.S. employees

## Summary
- John W. Pietrowicz to retire as CFO effective 4/1/23; stays as Special Advisor through 12/31/23 with $600K base salary, 100% bonus target, 300% equity target.
- New severance plan replaces prior plans; provides 2 weeks pay per year of service, min 4 weeks, max 38 (performance) or 52 (position elimination) weeks.
- Severance eligibility requires release of claims; bonus in lieu available for non-performance RIF terminations after 6 months of work.
- Plan effective 3/7/23 and covers U.S. employees of Chicago Mercantile Exchange, NYMEX, and NEX Services North America LLC.
- Compensation Committee of Board serves as Plan Administrator with full discretionary authority over eligibility and benefits.

## SEC filing metadata
- accession: 0001193125-23-067672
- form_type: 8-K
- ticker: CME
- cik: 0001156375
- company_name: CME GROUP INC.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1156375/000119312523067672/0001193125-23-067672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1156375/000119312523067672/d472500d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-067672
- JSON: https://secwatch.observer/filing/0001193125-23-067672.json
- Plain text: https://secwatch.observer/filing/0001193125-23-067672.txt

## Key facts
- Executive change
  John W. Pietrowicz departed as Chief Financial Officer at CME GROUP INC..
  - Action: retire
  - Role: Chief Financial Officer
  source text: On February 28, 2023, CME Group Inc. (“CME Group” or the “Company”) filed a Current Report on Form 8-K announcing that John W. Pietrowicz will retire from his position as Chief Financial Officer and Ms. Fitzpatrick will assume the role effective as of April 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1156375/000119312523067672/0001193125-23-067672-index.htm
- Executive change
  Ms. Fitzpatrick was appointed as Chief Financial Officer at CME GROUP INC..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On February 28, 2023, CME Group Inc. (“CME Group” or the “Company”) filed a Current Report on Form 8-K announcing that John W. Pietrowicz will retire from his position as Chief Financial Officer and Ms. Fitzpatrick will assume the role effective as of April 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1156375/000119312523067672/0001193125-23-067672-index.htm

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