Cboe appoints David Howson President effective May 12, 2022; Tilly remains Chairman & CEO

Cboe Global Markets, Inc.

David Howson appointed President, effective May 12, 2022; Ed Tilly steps down from President but continues as Chairman and CEO.
Howson's annual base salary increases to $625,000; targeted annual bonus of 130% of base salary.
Targeted annual equity incentive award value of $2,762,500, including prior grant of $2,000,000 and special award of $488,000.
New RSU Award Agreement approved for Howson; RSUs vest in three equal installments on Feb 19, 2023/2024/2025.
Howson eligible for customary relocation assistance including moving expenses, temporary housing, and tax assistance.

item 5.02 item 9.01

Executive movements

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Appointed

David Howson

President

CBOE · Cboe Global Markets, Inc.

Effective: 2022-05-12
Filed: March 10, 2022, 6:59 PM ET

appointed David Howson to the role of President of the Company effective on May 12, 2022.

Role change

Edward T. Tilly

President

CBOE · Cboe Global Markets, Inc.

Effective: 2022-05-12
Successor: David Howson
Filed: March 10, 2022, 6:59 PM ET

Edward T. Tilly will step down from the role of President of the Company effective on the same day.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David Howson was appointed as President at Cboe Global Markets, Inc..

Action: appointed
Role: President

Exact text from the filing

appointed David Howson to the role of President of the Company effective on May 12, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Edward T. Tilly changed role as President at Cboe Global Markets, Inc..

Action: step down
Role: President

Exact text from the filing

Edward T. Tilly will step down from the role of President of the Company effective on the same day.

View on SEC.gov

Cboe Global Markets, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-22-003293

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