Cme group appoints tim mccourt as global head of financial & otc products

Sean tully to retire in june chicago , march 30, 2023 /prnewswire/ -- cme group , the world's leading derivatives marketplace, today announced that it has appointed tim mccourt to serve in an expanded role as senior managing director, global head of financial & otc products, following the retirement of sean tully, senior managing director, interest rates and otc products, on june 2, 2023. "we appreciate the leadership sean provided over the past decade for our financial products businesses, which included the successful migration to sofr derivatives that now serve as the leading tool for hedging short-term interest rates," said cme group chairman and chief executive officer terry duffy.
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