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Edward Tilly Joins Clear Street as President
Slice of Finance Team
15 Jul
Key Highlights:
Edward Tilly joins Clear Street as President after a decade at CBOE Global Markets.
Under Tilly’s leadership, CBOE's market capitalization grew from $2 billion to over $18 billion.
Tilly will collaborate with CEO Chris Pento to propel Clear Street’s growth.
Clear Street has grown to a $2.1 billion company with a CAGR of over 50% in core business.
Recent executive additions include Atul Pawar and Jon Daplyn.
Source (Business Wire)
Notable Quotes:
“The time is right for us to welcome Ed to the executive team as we continue to super-charge our growth plans and take Clear Street to the next level.”
“Having spent more than thirty years in the financial markets hyper-focused on innovation and accessibility, Clear Street has an exciting opportunity and I am looking forward to working with Chris and his team.”
“The addition of Ed is a testament to our excellent team and achievements thus far and speaks to the opportunity ahead as we execute on our mission to modernize the brokerage ecosystem with our world-class technology and customer experiences.”
Our Take:
The appointment of Edward Tilly as President of Clear Street marks a significant milestone for the company. Tilly’s extensive experience in scaling businesses and driving innovation at CBOE Global Markets is a strong indicator of Clear Street’s ambitious growth plans. With a robust technological platform and a clear vision to modernize the brokerage ecosystem, Clear Street is well-positioned to leverage Tilly’s strategic insights and leadership. This move is expected to enhance Clear Street’s market position, drive further innovation, and accelerate its growth trajectory in the competitive financial technology landscape.