CHICAGO–(BUSINESS WIRE)–Insert after first paragraph of release: Jon will take over as CEO on January 1, 2023.
The updated release reads:
CHICAGO TRADING COMPANY NAMES NEW LEADER
Today, Chicago Trading Company (CTC) announced Jonathan M. Grodnick as its next CEO.
Jon has been with CTC for over 20 years, serving in a variety of senior leadership roles. Most recently, Jon served as Chief Investment Officer where he led the firm’s efforts to transform CTC’s core business and provide firm oversight of risk and profitability. Previously, Jon opened and led CTC’s London Office before returning to Chicago to lead CTC’s flagship Index Options Trading business. Jon later served as Global Co-Head of Trading. Jon is a member CTC’s Board of Directors. Jon will take over as CEO on January 1, 2023.
Teamwork and collaboration are critical to CTC’s ongoing success, and Jon’s ability to draw out the best in people continually unlocks potential, opportunity, and results. Jon embodies CTC’s values, inspiring the team to do their best work together.
“Joining CTC 23 years ago was one of the best decisions of my life – I’m as excited and proud to be part of this collaborative and driven team today, as I was back then. I am truly humbled and honored to lead CTC in this next phase of our journey together,” said Grodnick.
Daniel Feuser, the current CEO and Board Chair stated, “I have had the privilege of working with Jon for over 20 years. During this time, I’ve witnessed Jon drive business transformation and level up CTC’s culture time and time again. Jon is one of the primary reasons that CTC is such a successful and special firm today. From the Board’s point of view, there is no question that Jon is the best person to lead the next chapter at CTC.” Feuser will remain CTC’s Board Chair.
About Chicago Trading Company: We believe in healthy financial markets. Each day, we help the world price and manage risk by deploying our deep expertise to make markets fairer, transparent, and more efficient. We actively trade in a broad spectrum of asset classes on derivatives exchanges around the world. Our culture is highly collaborative – our cross‐discipline teams work together to solve the toughest problems our markets have to offer.
We pride ourselves on our strong values, our entrepreneurial spirit, and our commitment to doing the right thing. We aim to cultivate a workplace that celebrates diversity where each person feels included, engaged, and empowered. We also strive to make a positive impact on our industry, the lives of our employees, and the communities to which we belong.
Our success is driven by our mutual commitment and teamwork coupled with our expertise in pricing and risk management. We win when we pull together. Our strength comes from the curiosity, ingenuity, and determination each of us brings to work every day. Our competitive advantage comes from our commitment to each other. We’re growing and would love to hear from you if you share these values – learn more at www.chicagotrading.com