William J. Brodsky
William Brodsky | |
|---|---|
| Director of the Securities Investor Protection Corporation | |
| Assumed office May 31, 2022 | |
| President | Joe Biden |
| Personal details | |
| Born | 1944 |
| Education | Syracuse University (AB, JD) |
William J. Brodsky is an American businessman working as a director of the Securities Investor Protection Corporation, executive chairman of the Chicago Board Options Exchange, and chairman of the World Federation of Exchanges.
Education
Brodsky earned a Bachelor of Arts degree from Syracuse University and a Juris Doctor from the Syracuse University College of Law.[1][2] He was a member of the Phi Epsilon Pi fraternity.[3] Brodsky was advised and influenced by Syracuse law school professor Michael O. Sawyer. He later established the Michael O. Sawyer Chair of Constitutional Law and Politics at Syracuse's Maxwell School of Citizenship and Public Affairs.[1]
While at Syracuse Law School, Brodsky defeated future President Joe Biden for class president by a single vote.[3] To date, Brodsky is the only person to ever beat Biden in a non-primary election.[4][5]
Career
Brodsky joined Model, Roland & Co. in 1968.[6] Brodsky began career as a securities lawyer at the American Stock Exchange in 1974, and in 1976 became its head of options trading. He formally held the positions of the executive vice president at the American Stock Exchange from 1979 until 1982.
In 1982, he joined Chicago Mercantile Exchange (CME) in as executive vice president and chief operating officer. He was the president and CEO of the CME from 1985 until 1997.[7] He is a member of the Committee on Capital Markets Regulation and previously served as chairman of the International Options Markets Association (2006–2008).[8]
From 1997 to 2013, he was the chairman and CEO of the Chicago Board Options Exchange.[6]
In July 2019, Brodsky was named chairman of Navy Pier Inc., a non-profit corporation that oversees the Navy Pier.[9]
In January 2022, President Joe Biden nominated Brodsky to serve as a director of the Securities Investor Protection Corporation.[10] After confirmation by the United States Senate, Brodsky started in this position on May 31, 2022.[11]
Personal life
He is married to Joan (Née: Breier), whom he met while they were students at Syracuse. Two of their sons worked for Biden as interns on Capitol Hill and the families remain close.[1]
References
- ^ a b c Korey, Eileen (5 December 2022). "Turning Orange Power and Purpose Into a Lifetime of Civic Leadership". Syracuse University News. Retrieved 5 December 2022.
- ^ Michael H. Schill (November 14, 2012). "William Brodsky, "The Multi-purpose JD: How my law degree helped me in my career in business"". University of Chicago Law School (Podcast). Retrieved 2022-01-19.
- ^ a b Witcover, Jules (5 October 2010). Joe Biden: A Life of Trial and Redemption. Harper Collins. pp. 40, 46. ISBN 978-0-06-201433-7. Retrieved 5 December 2022.
- ^ Kapos, Shia (2020-10-21). "Biden's Only Head-to-Head Loss ..." Politico. Illinois Playbook. Archived from the original on 2021-07-04. Retrieved 2021-07-04.
- ^ McCall, Rosie (March 1, 2020). "Biden Victory in South Carolina His First Primary or Caucus Victory Ever in Three Runs For President". Newsweek.
- ^ a b "2015 Commencement - College of Law Commencement 2023". Syracuse University College of Law. Retrieved 5 December 2022.
- ^ "About Us". www.cboe.com. Retrieved 2022-01-19.
- ^ "Members: Committee on Capital Markets Regulation". www.capmktsreg.org. Retrieved 2022-01-19.
- ^ Bomkamp, Samantha. "Brodsky named chairman of Navy Pier". Chicago Tribune. Retrieved 2020-02-20.
- ^ "President Biden Announces Nominees for Ambassadors and Key Roles". The White House (Press release). 2022-01-19. Retrieved 2022-01-19.
- ^ "SIPC Welcomes William J. Brodsky to Board of Directors". Securities Investor Protection Corporation. 2022-05-31. Retrieved 2022-06-07.
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