Charles P.Carey Portrait

Charles P. Carey

Chairman

Mr. Carey serves as Chairman of the CME Group Foundation. He served as CME Group Vice Chairman in connection with the company's merger with CBOT Holdings from 2007 until 2010. Prior to the merger, Mr. Carey served as Chairman of CBOT since 2003, as Vice Chairman from 2000 to 2002, as First Vice Chairman during 1993 and 1994 and as a board member of CBOT from 1997 to 1999 and from 1990 to 1992. Mr. Carey is a principal in the firms of Henning & Carey Trading Co. and Henning-Carey Proprietary Trading LLC. He has been a member of CBOT since 1978 and was a member of the MidAmerica Commodity Exchange from 1976 to 1978. Mr. Carey previously served on the board of CBOT Holdings, Inc. until the merger in 2007.

Lauren Whalen Portrait

Lauren Whalen

Foundation Administrator

Lauren Whalen joined the Foundation in 2016 to provide administrative and grants management support. She has previously worked in development and communications for the University of Chicago, Pediatric AIDS Chicago Prevention Initiative (PACPI) and Facets Multi-Media. Lauren holds degrees from Loyola University Chicago and Northern Illinois University College of Law.

Terrence A. Duffy Portrait

Terrence A. Duffy

Vice Chairman

Vice Chairman Terrence A. Duffy serves as Vice Chairman of the CME Group Foundation He also serves as CME Group Chairman and CEO. Previously, he served as Executive Chairman and President since 2012 and as Executive Chairman since 2006, when he became an officer of the Company. He served as Chairman of the board since 2002 and Vice Chairman from 1998 until 2002. Mr. Duffy has been a member of CME's Board since 1995. He was President of TDA Trading, Inc. from 1981 to 2002 and has been a member of CME since 1981. Duffy was appointed by President Bush and confirmed by the U.S. Senate in 2003 as a member of the Federal Retirement Thrift Investment Board (FRTIB), a position he held until 2013. The FRTIB administers the Thrift Savings Plan, a tax-deferred defined contribution (retirement savings) plan for federal employees. Mr. Duffy currently serves as Co-Chair of the Mayo Clinic Greater Chicago Leadership Council. He also is a member of the Economic Club of Chicago, the Executives' Club of Chicago and the President's Circle of the Chicago Council on Global Affairs. Since 2003, Mr. Duffy has been recognized as one of the top 100 Irish Business Leaders by Irish America Magazine. Mr. Duffy attended the University of Wisconsin-Whitewater. In 2007, he received a Doctor of Humane Letters from DePaul University.

Howard J. Seigel Portrait

Howard J. Siegel

Secretary-Treasurer

Mr. Siegel serves as Secretary-Treasurer of the Foundation and has been a member of CME since 1977. In 1978, Mr. Siegel began his trading career at Moccatta Metals in their Class B arbitrage operations and served as an order filler until 1980. From there, he went on to fill orders and trade cattle from 1980 until 1982. At that time, Mr. Siegel became a partner and an officer in a futures commission merchant that cleared at CME until selling his ownership interest in 1990. For more than 30 years, Mr. Siegel has been an independent trader on the CME exchange. He continues to actively trade today in the agricultural product suite electronically.

Kassie Davis Portrait

Kassie Davis

Executive Director

Kassie Davis joined CME Trust in October 2006 as its first Executive Director and became Executive Director of CME Group Foundation with its creation in 2008. She is responsible for overall operation of the Foundation and Trust, including strategy development, proposal review, grant evaluation, communications and investment management.

Davis was with The Chicago Community Trust from 2004 to 2006, where she was senior program officer for arts and culture. From 2000 to 2003, she served as project director of Giving Greater Chicago, a three-year initiative of the Donors Forum of Chicago promoting the creation of permanent philanthropic capital. Earlier, Davis was executive director of the Illinois Arts Council, the state agency responsible for funding the arts. Davis, who holds a B.A. degree from Stephens College and a M.B.A. degree from Loyola University Chicago, entered the world of Chicago philanthropy in 1990 when she started the corporate contributions program at Marshall Field’s.