Mark Hemsley, President of Cboe Europe, would be retiring from the company at the end of February. Howson has been named as his successor.

On Friday, stock exchange holding company Cboe Global Markets stated, Mark Hemsley, President of Cboe Europe, would be retiring from the company at the end of February. It also named David Howson, currently chief operating officer of Cboe Global Markets’ European operations, as his successor, beginning January 1, 2020.

Incidentally, Hemsley was a founding employee of the stock trading platform Bats Europe in 2008, which was acquired along with the rest of Bats, by Cboe in 2017, making the exchange operator a major player in equities markets and boosting its options market share.

“Mark’s many contributions include positioning Cboe Europe for future success by establishing a strong team of trading, technology and capital markets experts,” said Ed Tilly, Cboe’s Chief Executive Officer on a conference call with analysts following the company’s quarterly earnings report.

Howson joined Bats Europe in 2013.

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