What's Happening?
S&P Dow Jones Indices has announced the appointment of Catherine Clay as CEO, effective November 1, 2025. She will replace Dan Draper, who will remain as a Special Advisor for a period after stepping down. Clay joins from Cboe Global Markets, where she was Executive Vice President and Global Head of Derivatives. Her extensive experience in derivatives markets, digital assets, and financial technology is expected to drive S&P DJI's future growth. Clay will report to Martina Cheung, President and CEO of S&P Global, and will be based at the company's headquarters in New York.
Why It's Important?
The leadership change at S&P Dow Jones Indices is significant as it brings a fresh perspective to the world's leading index provider. Catherine Clay's appointment is expected to enhance the company's ability to innovate and adapt to evolving market demands. Her expertise in financial technology and data analytics could lead to the development of new index products and services, benefiting investors and financial markets globally. The transition also reflects the importance of leadership in maintaining S&P DJI's position as a trusted provider of financial benchmarks and data.