Refocusing on core derivatives and US equities; sold Cboe Australia and Canada to TMX ($300M, 2026)
Craig Donohue
CEO · Executive on file
Relationship
Not mapped
Likely agenda
Enterprise-wide priorities
Account health
22 Watch · 1 plan not yet started
Their priorities
CEO Craig Donohue (since late 2024) is refocusing on derivatives, data and access, and has exited non-core businesses (Australia, Canada, Cboe Digital spot). unverified
24x5 US equities trading, retail options growth and international derivatives. unverified
Last earnings call (Q1 2026): Organic growth, Efficiency & cost, Headcount discipline. Record net revenue; exits non-core businesses.
Divestitures mean separation and TSA work, and simplification of the remaining platform.
Plays to raise
Separation and TSA exitM&A & integrationIdentified
Why now: Refocusing on core derivatives and US equities; sold Cboe Australia and Canada to TMX ($300M, 2026).
Ask: A 3-week TSA exit health check: inventory every open service, cost the run-rate of each, and produce a dated exit plan with the stranded-cost reduction it unlocks.
CEO Craig Donohue (since late 2024) is refocusing on derivatives, data and access, and has exited non-core businesses (Australia, Canada, Cboe Digital spot). unverified
Record options volume and divestiture proceeds redeployed to buybacks and growth. unverified
Its own trading platform (Cboe Titanium) plus cloud for data. unverified
Last earnings call (Q1 2026): Organic growth, Efficiency & cost, Headcount discipline. Record net revenue; exits non-core businesses.
Divestitures mean separation and TSA work, and simplification of the remaining platform.
Plays to raise
Separation and TSA exitM&A & integrationIdentifiednamed buyer
Why now: Refocusing on core derivatives and US equities; sold Cboe Australia and Canada to TMX ($300M, 2026).
Ask: A 3-week TSA exit health check: inventory every open service, cost the run-rate of each, and produce a dated exit plan with the stranded-cost reduction it unlocks.
Cost & operations, AI & agents, Workforce transformation
Account health
22 Watch · 1 plan not yet started
Their priorities
CEO Craig Donohue (since late 2024) is refocusing on derivatives, data and access, and has exited non-core businesses (Australia, Canada, Cboe Digital spot). unverified
24x5 US equities trading, retail options growth and international derivatives. unverified
Last earnings call (Q1 2026): Organic growth, Efficiency & cost, Headcount discipline. Record net revenue; exits non-core businesses.
Divestitures mean separation and TSA work, and simplification of the remaining platform.
Plays to raise
Separation and TSA exitM&A & integrationIdentifiednamed buyer
Why now: Refocusing on core derivatives and US equities; sold Cboe Australia and Canada to TMX ($300M, 2026).
Ask: A 3-week TSA exit health check: inventory every open service, cost the run-rate of each, and produce a dated exit plan with the stranded-cost reduction it unlocks.
CEO Craig Donohue (since late 2024) is refocusing on derivatives, data and access, and has exited non-core businesses (Australia, Canada, Cboe Digital spot). unverified
24x5 US equities trading, retail options growth and international derivatives. unverified
Last earnings call (Q1 2026): Organic growth, Efficiency & cost, Headcount discipline. Record net revenue; exits non-core businesses.
Divestitures mean separation and TSA work, and simplification of the remaining platform.
Plays to raise
Separation and TSA exitM&A & integrationIdentifiednamed buyer
Why now: Refocusing on core derivatives and US equities; sold Cboe Australia and Canada to TMX ($300M, 2026).
Ask: A 3-week TSA exit health check: inventory every open service, cost the run-rate of each, and produce a dated exit plan with the stranded-cost reduction it unlocks.
Cloud & core, Data & analytics, AI & agents, Cyber & resilience
Account health
22 Watch · 1 plan not yet started
Their priorities
CEO Craig Donohue (since late 2024) is refocusing on derivatives, data and access, and has exited non-core businesses (Australia, Canada, Cboe Digital spot). unverified
Its own trading platform (Cboe Titanium) plus cloud for data. unverified
Last earnings call (Q1 2026): Organic growth, Efficiency & cost, Headcount discipline. Record net revenue; exits non-core businesses.
Divestitures mean separation and TSA work, and simplification of the remaining platform.
Plays to raise
Separation and TSA exitM&A & integrationIdentifiednamed buyer
Why now: Refocusing on core derivatives and US equities; sold Cboe Australia and Canada to TMX ($300M, 2026).
Ask: A 3-week TSA exit health check: inventory every open service, cost the run-rate of each, and produce a dated exit plan with the stranded-cost reduction it unlocks.
Sourcing. Built from the account brief, outreach plans, tracked intel and the relationship file. Items without a source link come from model knowledge and are unverified, and deal ranges are estimates. Confirm names and roles before the meeting.