Terrence A. Duffy has been the Executive Chairman of Chicago Mercantile Exchange (CME) since 2002. Previously, he served as Vice Chairman of the Board of CME Holdings Inc. from its formation in August of 2001.
In 2002, Duffy was appointed by President Bush to serve on a National Saver Summit on Retirement Savings. The following year, he was confirmed by the U.S. Senate as a member of the Federal Retirement Thrift Investment Board (FRTIB). He serves on several boards including FXMarketSpace Limited, a joint operation of CME and Reuters, and World Business Chicago. His involvement extends to groups such as the Economic Club of Chicago and the President’s Circle of the Chicago Council on Global Affairs. He is also involved in the Mercy Home for Boys and Girls, and Saint Xavier University. In 2007, he received a Doctor of Humane Letters from DePaul University.
A native of Chicago, Duffy attended the University of Wisconsin-Whitewater. He calls his third-generation Irish heritage a source of “great pride,” and traces his father’s family to Westport, County Mayo. He lives in Lemont, Illinois with his wife and twin sons.