CME Group said Monday that chief executive Craig Donohue would step down at the end of the year in a surprise shake-up of the leadership at the world's largest futures exchange operator.

He will be succeeded when his contract expires in December by Phupinder Gill, CME's president and longtime operations and strategy chief.

The world's largest futures exchange operator has a surprise leadership shake-up

The Wall Street Journal 

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

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CEOs Trumpet Smaller Workforces as a Sign of Corporate Health 

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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