Options Clearinghouse Names Former CME Chief Donohue as Chairman

The U.S. clearinghouse for exchange-traded options namedCraig Donohue, the former chief executive officer of CME Group Inc., as its executive chairman.

Donohue will replace Wayne Luthringshausen, who had been chairman since 1977, as of Jan. 1, OCC said in an e-mailed statement today. Two people familiar with the matter said in July that Chicago-based OCC was in talks to hire Donohue for the role.

OCC guarantees all options trading on U.S. exchanges. It previously announcd that Michael E. Cahill was replacing Luthringshausen as the CEO of the organization.

To contact the reporter on this story: Nick Baker in Chicago at nbaker7@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

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