-

OCC Elects Executive Chairman, Member and Public Directors at 2021 Stockholder Meeting

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, announced the election of three Class II Member Directors and two Class III Public Directors to its Board of Directors. In addition, Mr. Craig S. Donohue was re-elected as Executive Chairman of the Board. The vote took place during OCC’s annual stockholder meeting on April 14.

The following Directors were unanimously elected as Class II Member Directors:

  • Maria Chiodi, Managing Director, General Counsel Department at Credit Suisse Securities, LLC. Ms. Chiodi joined the OCC Board of Directors in 2019. Her term expires in 2024.
  • Thomas A. Frank, Executive Vice President & CIO, Interactive Brokers, LLC. Mr. Frank joined the OCC Board of Directors in 2015. His term expires in 2024.
  • Stephen Luparello, General Counsel, Citadel Securities. Mr. Luparello joined the OCC Board of Directors in 2017. His term expires in 2024.

The following Directors were unanimously elected as Class III Public Directors:

  • Thomas R. Cardello, Founding Member, Venice Financial Management, LLC. Mr. Cardello joined the OCC Board of Directors in 2015. His term expires in 2024.
  • Alice Patricia White, Economist. Ms. White joined the OCC Board of Directors in 2012. Her term expires in 2024.

"We greatly value the contributions, insights, and guidance that these five knowledgeable industry experts provide to OCC,” said Craig Donohue, OCC Executive Chairman. “We are pleased that we will continue to benefit from their counsel and leadership as we further enhance our capabilities to best serve the markets and the investing public.”

About OCC

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2020 Best Clearing House - Equities by Markets Media for the third consecutive year, OCC now provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms for options, financial futures, and securities lending transactions. More information about OCC is available at www.theocc.com.

Copyright © 2021. The Options Clearing Corporation. All rights reserved.

Contacts

Michael Shore
OCC Public Relations
PublicRelations@theocc.com

Industry:

The Options Clearing Corporation

Release Summary
OCC announced new Board of Directors members and the re-election of Craig S. Donohue as Executive Chairman.
Release Versions
English

Contacts

Michael Shore
OCC Public Relations
PublicRelations@theocc.com

Social Media Profiles
OCC on Facebook
OCC on LinkedIn
OCC on Twitter
More News From The Options Clearing Corporation

OCC Begins Clearing for MIAX Futures Exchange

CHICAGO--(BUSINESS WIRE)--The Options Clearing Corporation (OCC), the world's largest equity derivatives clearing organization, today launched clearing and settlement services for MIAX Futures Exchange, LLC (MIAX Futures™). MIAX Futures, owned by parent holding company Miami International Holdings, Inc. (MIAX®) (NYSE: MIAX), began listing Bloomberg equity index futures on May 17, 2026, with OCC providing clearing services. With the addition of MIAX Futures, OCC now provides clearing and settlem...

OCC Announces New Board Member and Member Elections at Annual Stockholder Meeting

CHICAGO--(BUSINESS WIRE)--OCC, the world's largest equity derivatives clearing organization, today announced the addition of Jeffrey S. Davis, senior vice president and senior deputy general counsel of Nasdaq, Inc., to its Board of Directors as an Exchange Director. OCC also re-elected Stephen Luparello as chairman and re-elected Andrej Bolkovic, OCC chief executive officer, as Management Director. Two Member Directors and one Public Director were also re-elected, and four Exchange Directors we...

OCC Welcomes Cboe Executive Tim Lipscomb to Board of Directors

CHICAGO--(BUSINESS WIRE)--OCC today announced the appointment of Tim Lipscomb, of Cboe Global Markets, as an Exchange Director on its Board of Directors....
Back to Newsroom