Cboe Global Markets Promotes Jill Griebenow To Chief Financial Officer Effective July 10, 2023; Current CFO Brian Schell Departing Company To Pursue New Opportunity
Portfolio Pulse from Happy Mohamed
Cboe Global Markets, Inc. (CBOE) has announced the promotion of Jill Griebenow to Executive Vice President, Chief Financial Officer and Treasurer, effective July 10, 2023. She will replace the current CFO, Brian Schell, who is leaving the company to pursue a new opportunity. Griebenow has over 20 years of experience and has served as Chief Accounting Officer since 2018.
July 06, 2023 | 8:31 pm
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NEUTRAL IMPACT
Jill Griebenow's promotion to CFO at Cboe Global Markets could bring stability and continuity, given her long tenure and deep understanding of the company. However, Brian Schell's departure might cause short-term uncertainty.
Changes in key executive positions can cause short-term volatility in a company's stock. While Griebenow's promotion could be seen as a positive due to her experience and understanding of the company, Schell's departure might cause some uncertainty among investors. However, given that the transition appears to be well-planned and Griebenow has a strong track record, the overall impact is likely to be neutral.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100