The exchange announced in February 2020 that Durkin would step down as president in May and will start serving as a special adviser to the company at that time.
As part of his responsibilities, he led the global integrations following CME's merger with the Chicago Board of Trade (CBOT) in 2007 and CME Group's acquisition of the New York Mercantile Exchange (NYMEX) in 2008. Before joining CME Group, Durkin served as executive vice president and chief operating officer of the CBOT. Prior to that role, he was in charge of the CBOT's Office of Investigations and Audits where he oversaw the audits, financial surveillance, trade practice and market surveillance self-regulatory and enforcement divisions for the exchange. His career with both CME Group and CBOT spans more than 30 years.
Before the merger of CME and the Chicago Board of Trade (CBOT) in July 2007, Durkin held a variety of leadership roles with the CBOT from 1982 to 2007, finally as executive vice president and chief operating officer.
Durkin formerly served as chairman of the Joint Compliance Committee for all U.S. futures exchanges and represented CBOT on a variety of industry panels concerning trading practices and trading operations.
He earned a bachelor's degree in business administration and an MBA from Lewis University in Romeoville, Illinois.
Durkin participated in MarketsWiki Education in July of 2017 at the Stuart School of Business at Illinois Tech.
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