Edward Tilly, Chief Executive Officer, Chicago Board Options Exchange
Edward T. Tilly is the Chief Executive Officer (CEO) of CBOE Holdings, Inc., Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2). He also serves as the Chairman of the Board of the CBOE Futures Exchange (CFE). Tilly has been an integral part of the CBOE community, as both a trader and exchange executive, for more than 25 years.
Prior to being named CEO, Tilly was CBOE President and Chief Operating Officer (COO) from November 2011 through May 2013. He served as CBOE's Executive Vice Chairman from 2006 to 2011 and held the highest member-elected position at the exchange as CBOE’s Member Vice Chairman from 2004 to 2006.
Tilly came to CBOE as a trading floor clerk in 1987 and became a floor trader and CBOE member in 1989. He traded as both a market maker and a designated primary market maker (DPM) until joining CBOE’s executive management team in 2006. As a CBOE member, Tilly served on the CBOE Board of Directors from 1998 to 2000 and again from 2003 to 2006 and chaired the CBOE Floor Directors Committee from 2004 to 2006. He was also a member of the Executive, Compensation and Governance Committees, key committees of the CBOE Board of Directors.
Tilly currently serves on the board of directors for CBOE Holdings, Inc., CBOE, C2, CFE, Northwestern Medical Group, the OCC and Working in the Schools. He also serves on the Board of Visitors of the Weinberg College of Arts and Sciences at Northwestern University. Tilly is a member of the Economic Club of Chicago and the Chicago Club.
He received a B.A. degree in Economics from Northwestern University.