CME Group has named Barry C. Goldblatt to its Management Team as Managing Director, Commodities, Energy and Metals, based in New York.
Goldblatt, 49, will be responsible for developing and leading the execution of the company’s global business strategy for listed and over-the-counter (OTC) agricultural commodities, energy and metals markets. He will report to Rick Redding, CME Group Managing Director, Products & Services.
Prior to joining CME Group, Goldblatt most recently served as Managing Director, Commodities, Derivative Sales and Global Structured Notes for Merrill Lynch where he helped develop the third largest Commodity Index fund business in the United States. He has more than 25 years of experience in derivatives sales and trading.
“Customers around the world continue to come to CME Group to manage their risk in commodities, energy and metals markets,” says Craig Donohue, chief executive officer, CME Group.
“This portfolio of products and services is among our fastest growing business lines with an annual growth rate of 18%. Barry’s broad knowledge and demonstrated track record of success make him the ideal candidate to further develop our aggressive international growth strategy for these product lines.”
“As our global client base demands even more centrally cleared risk management tools, we are committed to providing benchmark products combined with the benefits of CME Clearing,” says Redding.
“CME Group is continually expanding our expertise in order to best serve our customers, and we are pleased to have such an experienced industry leader join us to further develop our livestock, grains, oilseeds, energy – such as oil, gas and power – and metals markets.”
L.D.