CHICAGO, Feb. 13 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives exchange, today announced that it has named Kevin Wenta as Director, Strategy Execution. In this newly created position, Wenta, 45, will be responsible for working with the company's business units to identify, prioritize and track strategic initiatives to drive bottom line results. He will report to Jason Weller, Managing Director, Corporate Strategy.
Prior to joining CME Group, Wenta gained 20 years of experience in strategy, operational planning, sales and business development. He most recently served as Executive Vice President of Nanophase Technologies where he was responsible for transforming the company into a market driven organization. He also worked as a Partner with Accenture, General Manager of a $500 million global resin business and Director of Corporate Strategy for Eastman Chemical.
Wenta earned his bachelor's degree in chemical engineering from the University of Texas at Austin and his MBA in finance and economics from the University of Chicago Booth School of Business.
CME Group (http://www.cmegroup.com/) is the world's largest and most diverse derivatives exchange. Building on the heritage of CME, CBOT and NYMEX, CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex electronic trading platform and on trading floors in Chicago and New York. By acting as the buyer to every seller and the seller to every buyer, CME Clearing virtually eliminates counterparty credit risk. CME Clearing also offers $8 billion in financial safeguards to help mitigate systemic risk, providing the security and confidence market participants need to operate, invest and grow. CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, and alternative investment products such as weather and real estate. CME Group is listed on NASDAQ under the symbol "CME."
The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex, E-mini and CME ClearPort are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX and New York Mercantile Exchange are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at http://www.cmegroup.com/.
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