Human Factors
HUMAN FACTORS
CBOT CEO RESIGNATION SPURS SPECULATION
Last week’s resignation of Chicago Board of Trade (CBOT) president and CEO David Vitale might be seen as the CBOT bowing to the pressure of trader resistance to change at CBOT, say industry analysts. Vitale advocated a CBOT IPO and demutualization--all in hopes of raising capital faster.
The promotion of executive vice president Bernard Dan, a former CEO of member firm Cargill Investor Services, to replace Vitale, a CBOT outsider plucked from the vice
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