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September 20, 2023
The Chicago-based options exchange owner said Ed Tilly “did not disclose” relationships with colleagues as it names his successors as chairman and CEO.
September 20, 2023
Ed Tilly started as a trader at the Chicago Board Options Exchange in 1987 and worked his way up to chief executive officer. Under his decadelong stewardship, the exchange grew dramatically, and it was having a banner year until Tuesday, when Tilly’s Chicago success story ended abruptly. Knowledgeable, popular among trading professionals and one of the most recognizable faces of his industry, ...
September 19, 2023
Edward Tilly, the chairman and CEO of Chicago trading exchange Cboe, resigned Monday after an investigation into his alleged undisclosed personal relationships with colleagues. The announcement Tuesday marks the abrupt end of a long run at the Cboe for Tilly, 60, who rose through the ranks to helm the options exchange in 2013. Tilly is the latest CEO to be toppled by allegations of an ...