CME Group’s long-serving CEO Terry Duffy will move to Executive Chairman on March 1, 2027, and President/CFO Lynne Fitzpatrick will be appointed CEO. Duffy’s 25-year leadership expanded market cap from IPO to $95 billion and average daily volumes to 28.1 million contracts.
On March 1, 2027, Terry Duffy will step down as CEO and assume the role of Executive Chairman on the CME Group Board, while current President and CFO Lynne Fitzpatrick will be appointed CEO and join the board at that time.
During Duffy’s 25-year tenure, he guided CME Group through the transition from floor-based to electronic trading, executed landmark mergers with the Chicago Board of Trade in 2007 and NYMEX in 2008, and oversaw growth to a $95 billion market cap and 28.1 million average daily contracts in 2025.
Fitzpatrick brings over 20 years of strategic and financial leadership to the CEO role, having led CME’s financial operations since 2023 and driven partnerships such as the 2025 FanDuel venture that expanded benchmark products to millions of U.S. retail traders.
