CME Group announced the following managing director promotions, which were effective February 14, 2010:
Felix Carabello, 45, was prompted to managing director, energy and metals, international.
Carabello is responsible for executing company’s international energy and metals business strategy including increasing trading volume, managing client relationships and building product awareness. He will be based out of company’s ‘London office.
Prior to joining the company in 1999, Carabello held various trading and sales positions at Credit Lyonnaise Rouse and Griffin Trading.
Sam Coady, 45, was prompted to managing director, corporate finance.
Coady is responsible for financial valuations and business case development for mergers and acquisitions and strategic investments. He also manages competitor financial analysis and corporate finance special projects.
Prior to joining the company in 2001, Coady served in senior finance, internal audit and accounting roles for MarchFirst (formerly Whittman Hart) and Quaker Oats.
Elizabeth Gisch, 40, was prompted to managing director, global account management (GAM).
Gisch is responsible for leading company’s GAM team, which supports business development through relationships with strategic channel partners and acts as the primary contact for company’s customers in more than 80 countries worldwide. She also oversees the client side of new software releases and manages the customer development and connectivity processes for both CME Globex and the CME ClearPort Clearing API.
Gisch joined the company in 1993 and has held positions of increasing responsibility in the technology, products & services and global operations divisions since that time.
Matthew Kelly, 45, was prompted to managing director and associate general counsel.
Kelly is responsible for developing and managing CME Group’s intellectual property programs covering patents, trademark, copyrights, and trade secrets. He also manages strategic licensing, including product license agreements, out licensing of the company’s software and market data, intellectual property acquisitions and partnerships, and manages a variety of intellectual property litigation and enforcement matters.
David Lehman, 58, was prompted to managing director, commodity research & product development.
Lehman is responsible for leading efforts to identify and develop new company’s product and services opportunities related to both exchange-traded and over-the-counter (OTC) markets, maintaining viability of current product offerings and providing strategic insight into new markets, business development and research within the commodity space.
Prior to joining the company in 1989, Lehman held the position of industry economist with the Commodity Futures Trading Commission.
Brian McElligott, 37, was prompted to managing director, information products management.
McElligott is responsible for leading company’s market data business, including growing revenue generated from the sale and redistribution of CME Group market data assets. He also is responsible for leading most third-party licensing requirements, including CME Group’s credit default swap (CDS) initiative and the use of CME Group’s intellectual property in the creation of indices or structured products.
Prior to joining the company in 2001, McElligott worked as a technology consultant developing e-commerce sites and internet strategies for large financial institutions, including CME.
Brian Oliver, 39, was prompted to managing director, business development.
Oliver is responsible for leading company’s cleared OTC CDS initiative including strategy, business development and managing relationships with dealer and buy-side founding members.
Before joining the company, Oliver served as vice president for CRA International, an economics, finance and business consulting firm.
James V. Pieper, 43, was prompted to managing director, controller.
Pieper is responsible for ensuring the integrity of company’s public financial information and related disclosures including information for subsidiaries and affiliates. He also is responsible for ensuring the effectiveness of CME Group’s internal controls.
Before joining the company in 2004, Pieper worked for Divine as director of worldwide accounting and for KPMG as a senior manager.
Carl Stumpf, 41, was prompted to managing director and technology controller.
Stumpf serves as the financial controller for all CME Group technology spending and is responsible for accurate financial reporting for the company’s technology & enterprise computing division. He also leads the company’s technology budgeting process and supports major CME Group business initiatives including M&A and data center financial planning.
Before joining the company, Stumpf held technology development positions for Divine Professional Services, KPMG Consulting and Utilities International. -PR Newswire
Bank of America announced that Kirat Singh will join the bank as head of global markets risk systems, a newly created position, on June 9. He will be based in New York City.
