Cboe Global Markets Announces Leadership Transition as Dave Howson Steps Down

Cboe Global Markets, a leading derivatives and securities exchange network, revealed that Dave Howson, Executive Vice President and Global President, will depart effective August 1, 2025. Howson is returning to the UK after three years in Chicago.

Cathy Clay, EVP and Global Head of Derivatives, and Chris Isaacson, EVP and Chief Operating Officer, will expand their roles. Clay will now oversee the Cboe Data Vantage business alongside her current responsibilities, while Isaacson adds oversight of Cash Equities, Global FX, and Clearing to his portfolio.

The restructuring aims to leverage Clay and Isaacson’s proven leadership, sharpen strategic focus, and enhance operational agility. Market participants will watch for potential Ripple effects across trading venues and digital asset liquidity.