BUZZ-CME CEO Terry Duffy to step down in early 2027, Fitzpatrick to take over; shares fall

CME Group Inc. Class A

CME Group Inc. Class A

CME

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** Shares of exchange operator CME Group CME.O fall 3.33% to $252.88 in premarket trading

** Co says longtime CEO Terry Duffy will step down on March 1 next year, and transition to the role of executive chairman

** CFO Lynne Fitzpatrick will take over as the co's next CEO and will join the board after Duffy relinquishes charge

** Duffy has served as CME's chairman since 2002 and CEO from 2016

** Under Duffy's leadership, CME transitioned from floor-based to electronic trading and became the first U.S. exchange to go public

** As of last close, stock down 4.2% YTD


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