---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-003293"
form_type: "8-K"
ticker: "CBOE"
cik: "0001374310"
company_name: "Cboe Global Markets, Inc."
filed_at: "2022-03-10T23:59:59+00:00"
generated_at: "2026-06-26T23:53:31.832042+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-22-003293
- form_type: 8-K
- ticker: CBOE
- cik: 0001374310
- company_name: Cboe Global Markets, Inc.
- filed_at: 2022-03-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1374310/000155837022003293/0001558370-22-003293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1374310/000155837022003293/cboe-20220308x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-003293
- JSON: https://secwatch.observer/filing/0001558370-22-003293.json
- Plain text: https://secwatch.observer/filing/0001558370-22-003293.txt

## Key facts
- Executive change
  David Howson was appointed as President at Cboe Global Markets, Inc..
  - Action: appointed
  - Role: President
  source text: appointed David Howson to the role of President of the Company effective on May 12, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1374310/000155837022003293/0001558370-22-003293-index.htm
- Executive change
  Edward T. Tilly changed role as President at Cboe Global Markets, Inc..
  - Action: step down
  - Role: President
  source text: Edward T. Tilly will step down from the role of President of the Company effective on the same day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1374310/000155837022003293/0001558370-22-003293-index.htm

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