News Release

CME Group Hires Schultz as Executive Director and Counsel to the Executive Chairman and President; and Appoints Rich to Management Team Role

Tue May 22 2012

CHICAGO, May 22, 2012 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has appointed Susan M. Schultz to the newly created position of Executive Director and counsel to the Executive Chairman and President. 

Reporting to Terry Duffy, CME Group's Executive Chairman and President, Schultz will be responsible for advising on legal matters related to the company's government relations, public relations and corporate marketing activities.  She also will serve as a liaison to the Legal Department on matters related to the execution of Duffy's duties and responsibilities.

Prior to joining CME Group, Schultz gained more than 30 years of legal and regulatory experience in the derivatives industry.  She most recently served as Managing Director, Group Deputy General Counsel and Chief Operating Officer of the LCA Division of Newedge Group.  She also worked for Newedge as Managing Director and Deputy General Counsel, and Deputy General Counsel and Global Head of Compliance.  Her background also includes General Counsel and Associate General Counsel roles with Calyon Financial.  She began her career with the Chicago Mercantile Exchange (CME), serving as Staff Attorney, In-house Counsel, Assistant Corporate Secretary and Director, Memberships during her 10-year tenure.  Schultz holds a bachelor's degree in political science, magna cum laude, from John Carroll University and a JD, with distinction, from The John Marshall Law School.

Additionally, CME Group appointed Linda Rich, Senior Managing Director, Government Relations and Legislative Affairs, to the company's Management Team.  Rich also reports to Duffy.  

Before joining the company in 2010, Rich gained 20 years of experience in financial services and legislative policy roles.  She most recently served as Senior Vice President, Government Relations for NYSE Euronext.  Her background also includes serving as senior counsel to the U.S. House of Representatives Committee on Financial Services and as counsel to the U.S. House of Representatives Committee on Commerce.  She holds a bachelor's degree from Brown University and a JD degree from the National Law Center at George Washington University.

As the world's leading and most diverse derivatives marketplace, CME Group ( is where the world comes to manage risk.  CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.  CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago.  CME Group also operates CME Clearing, one of the world's leading central counterparty clearing providers, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.  CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are registered 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 (NASDAQ: CME) and its products can be found at



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