MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announced the results of its annual Board of Directors (Board) election, held October 1, 2015. Re-elected to the Board were Marc L. Gordon and Murray Stahl. Newly elected to the Board was John A. Griffith. All will serve two-year terms.
MGEX Chief of Staff and Assistant Corporate Secretary Jesse Marie Green reported that four candidates ran for three open Board positions. A total of 295 votes on proxies were received.
“On behalf of MGEX, I would like to thank outgoing director Richard A. Dusek for his service to the Exchange,” said Mark G. Bagan, President & CEO, MGEX. “I would also like to welcome John A. Griffith to the Board, and I look forward to continue working with both Mr. Gordon and Mr. Stahl to further grow and develop business for the Exchange.”
The Board will meet on October 27, 2015, to elect the Executive Committee and Board officers, as well as to appoint two public directors.
Information on MGEX products, services and history can be found on the Exchange’s website at www.mgex.com.