Cbot promotes Bryan Durkin to EVP and COO

Cbot promotes Bryan Durkin to EVP and COO

The Chicago Board of Trade (Cbot) has promoted senior vice president Bryan Durkin to the newly created position of executive vice president (EVP) and chief operating officer (COO).

In his new role, Durkin will have management responsibilities for all of Cbot's trading operations, both screen-based and open auction. He will also continue to manage the implementation and deployment of the Exchange's order routing system and handheld devices.

Durkin, who has worked at the exchange for 21 years, was made senior vice president, exchange operations in March 2003 and was responsible for ensuring operational readiness of all trading systems and operations. Most recently he was responsible for the planning and implementation of Cbot's electronic trading platform and the CME/CBOT Common Clearing Link.

Previously, Durkin was senior vice president and administrator at the exchange's office of investigations and audits.

Durkin joins fellow officers Carol Burke, executive vice president and chief of staff, and William Farrow, executive vice president and chief information officer in the office of the president, reporting directly to Cbot president and CEO Bernard Dan.

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