CME hires LSE’s Joanne Shannon to run its Europe sales strategy

International derivatives marketplace CME Group Inc (NASDAQ:CME) today announced the appointment of Joanne Shannon as Executive Director and Head of Commercial Development for CME Europe, the London-based derivatives exchange.

In her new role, Ms Shannon will be responsible for developing and executing the sales strategy for CME Europe and for helping to expand the infrastructure around CME Europe’s trading, clearing and reporting proposition.

Ms Shannon will report to Cees Vermaas, Managing Director and CEO of CME Europe.

“We are very pleased to welcome Joanne to CME Group in this critical role supporting our expansion across Europe,” said Cees Vermaas, CEO of CME Europe.

“Since its launch in April 2014, CME Europe has made considerable strides in building out its suite of contracts and has established itself as an innovator across multiple asset classes including FX, Energy and Agricultural Commodities. Joanne’s extensive knowledge of the derivatives industry and market structure in Europe will be a tremendous boost to the platform as we continue to extend our offering in the region.”

Ms Shannon has extensive experience in the derivatives industry including more than 15 years at market operator NYSE Euronext, where she held a number of sales and relationship management roles in Europe and Asia for its Liffe markets.

Before joining CME Group, Ms Shannon worked as a consultant for the London Stock Exchange.

To view the official announcement on the appointment, click here.

Read Also: