CME Group Inc. Announces Preliminary Results from its 2023 Annual Meeting of Shareholders

Rhea-AI Summary

CME Group announces preliminary shareholder voting results from its 2023 annual meeting

Positive

• Terrence A. Duffy, Kathryn Benesh, Timothy S. Bitsberger, Charles P. Carey, Bryan T. Durkin, Harold Ford Jr., Martin J. Gepsman, Larry G. Gerdes, Daniel R. Glickman, Daniel G. Kaye, Phyllis M. Lockett, Deborah J. Lucas, Terry L. Savage, Rahael Seifu, William R. Shepard, Howard J. Siegel, and Dennis A. Suskind elected as directors for one-year terms expiring in 2024
• Appointment of Ernst & Young LLP as independent registered public accounting firm for 2023 ratified
• Future votes on the compensation of named executive officers to be held on an annual basis approved

Negative

• Advisory vote on the compensation of named executive officers was not approved
• No quorum in elections for Class B-1, Class B-2, and Class B-3 directors

CHICAGO, May 4, 2023 /PRNewswire/ -- CME Group Inc. (NASDAQ: CME) today announced the preliminary shareholder voting results from its 2023 annual meeting. 

At the meeting, shareholders:

• Elected Terrence A. Duffy, Kathryn Benesh, Timothy S. Bitsberger, Charles P. Carey, Bryan T. Durkin, Harold Ford Jr., Martin J. Gepsman, Larry G. Gerdes, Daniel R. Glickman, Daniel G. Kaye, Phyllis M. Lockett, Deborah J. Lucas, Terry L. Savage, Rahael Seifu, William R. Shepard, Howard J. Siegel and Dennis A. Suskind, each for a one-year term expiring in 2024;
• Ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2023; and
• Approved, on an advisory basis, holding future votes on the compensation of our named executive officers on an annual basis.

The advisory vote on the compensation of named executive officers was not approved.

There was no quorum in the elections of the Class B-1 directors, Class B-2 directors and the Class B-3 director. As a result, William W. Hobert, Patrick J. Mulchrone and Robert J. Tierney Jr. will holdover as the Class B-1 directors, Michael G. Dennis and Patrick W. Maloney will holdover as the Class B-2 directors and Elizabeth A. Cook will holdover as the Class B-3 director. Each director will continue to serve until his or her successor is duly elected at the 2024 annual meeting.

The official results and voting percentages for each of these proposals will be disclosed in a report to be filed with the Securities and Exchange Commission.

About CME Group

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals.  The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.  In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.  

CME-G

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SOURCE CME Group

FAQ

Who were elected as directors at CME Group's annual meeting?

Terrence A. Duffy, Kathryn Benesh, Timothy S. Bitsberger, Charles P. Carey, Bryan T. Durkin, Harold Ford Jr., Martin J. Gepsman, Larry G. Gerdes, Daniel R. Glickman, Daniel G. Kaye, Phyllis M. Lockett, Deborah J. Lucas, Terry L. Savage, Rahael Seifu, William R. Shepard, Howard J. Siegel, and Dennis A. Suskind were elected as directors for one-year terms expiring in 2024.

What was ratified at the annual meeting?

The appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2023 was ratified.

What was approved on an advisory basis?

Holding future votes on the compensation of named executive officers on an annual basis was approved.

What was the result of the advisory vote on executive compensation?

The advisory vote on the compensation of named executive officers was not approved.

What happened in the elections for Class B-1, Class B-2, and Class B-3 directors?

There was no quorum in the elections for Class B-1, Class B-2, and Class B-3 directors. William W. Hobert, Patrick J. Mulchrone, and Robert J. Tierney Jr. will holdover as the Class B-1 directors, Michael G. Dennis and Patrick W. Maloney will holdover as the Class B-2 directors, and Elizabeth A. Cook will holdover as the Class B-3 director.