News Release

CME Group Hires Pacy Ostroff as Director, Corporate Strategy

Fri Jan 23 2009

CHICAGO, Jan. 23 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that it has hired Pacy Ostroff as Director, Corporate Strategy. In this newly created position, Ostroff, 43, will be responsible for helping to define, develop and implement the company's corporate strategy as well as leading the development of strategic initiatives across existing and new lines of business. He will report to Jason Weller, Managing Director, Corporate Strategy.

Prior to joining CME Group, Ostroff most recently worked at Allstate Insurance Company where he led various growth strategy and business development initiatives. He also has served as Vice President, Financial Services of Brunswick Corporation and Director, Business Development of Sears, Roebuck and Company. His background also includes roles with ABN AMRO North America and McKinsey Company, as well as service as a Lieutenant in the United States Navy.

Ostroff earned his bachelor's degree in electrical engineering from the United States Naval Academy and his MBA from the Wharton School at the University of Pennsylvania.

CME Group ( is the world's largest and most diverse derivatives exchange. Building on the heritage of CME, CBOT and NYMEX, CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex electronic trading platform and on trading floors in Chicago and New York. By acting as the buyer to every seller and the seller to every buyer, CME Clearing virtually eliminates counterparty credit risk. CME Clearing also offers $7 billion in financial safeguards to help mitigate systemic risk, providing the security and confidence market participants need to operate, invest and grow. CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, and alternative investment products such as weather and real estate. CME Group is listed on NASDAQ under the symbol "CME."

The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex and E-mini, are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX, New York Mercantile Exchange, and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at



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