has served as Chief Executive Officer of CME Holdings and of CME since January 1, 2004, and as a Board member of CME Holdings and of CME since January 1, 2004. Previously, Mr. Donohue was Executive Vice President and Chief Administrative Officer, Office of the CEO, of CME Holdings and of CME from October 2002 to December 2003. Before that, Mr. Donohue served as Managing Director and Chief Administrative Officer of CME Holdings from its formation on August 2, 2001 and of CME from April 2001, when his title was changed from Managing Director, Business Development and Corporate/Legal Affairs of CME, a position he had held since March 2000. He previously served as Senior Vice President and General Counsel of CME from October 1998 to March 2000. Prior to that, Mr. Donohue was Vice President of the Division of Market Regulation from 1997 to 1998 and Vice President and Associate General Counsel from 1995 to 1997. He is a member of the Board of Directors of the National Council on Economic Education.