Legislation Details

Record #: R2013-571   
Type: Resolution Status: Adopted
Intro date: 6/5/2013 Current Controlling Legislative Body:
Final action: 6/5/2013
Title: Recognition extended to William J. Brodsky for leadership and achievements as chief executive officer of Chicago Board of Options Exchange
Sponsors: Burke, Edward M.
Attachments: 1. R2013-571.pdf
RESOLUTION


WHEREAS, William J. Brodsky has announced his intention to step down as Cliamttaa. HEttr Chief Executive Officer of the Chicago Board of Options Exchange; and

WHEREAS, The Chicago City Council has been informed of his intention by Alderman Edward M. Burke; and

WHEREAS, William J. Brodsky is a highly respected leader in the financial services industry; and

WHEREAS, A proud alumnus of Syracuse University College of Law, William J. Brodsky began his distinguished career as an attorney with Model, Roland and Company; and

WHEREAS, From 1974 to 1982, William J. Brodsky played important roles at the American Stock Exchange; and

WHEREAS, In 1982 William J. Brodsky joined the Chicago Mercantile Exchange where he oversaw projects and rose to become Chairman and Chief Executive Officer; and

WHEREAS, In 1997 William J. Brodsky became Chairman and Chief Executive Officer ofthe Chicago Board of Options Exchange; and

WHEREAS, During his sixteen years with the Chicago Board of Options Exchange, William J. Brodsky implemented several innovations that have fostered growth while ensuring stability; and

WHEREAS, In 2008 William J. Brodsky was the first leader of a derivatives exchange to be named as Chairman of the World Federation of Exchanges; and

WHEREAS, William J. Brodsky made significant contributions to the charitable and cultural life of our great metropolis for years; and

WHEREAS, William J. Brodsky's consummate skill, strong leadership and dedication to Chicago serve as an outstanding example to all; and

WHEREAS, William J. Brodsky will assume a new position as Chairman of the Board for the Chicago Board of Options Exchange; and

WHEREAS, On June 11, 2013, the Chicago Board of Options Exchange will hold a special Passing of the Torch Celebration to honor William J. Brodsky's achievements; and
ns continued success; and
BE IT FURTHER RESOLVED, That a suitable copy of this resolution be presented to William J. Brodsky.

0 BE IT RESOLVED, That we, the Mayo...

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