President, Clearing and Post-Trade Services
CME Group Inc.
Kimberly (Kim) Taylor has served as Managing Director and President, CME Clearing since July 2007. Previously, Taylor served as Managing Director and President, CME Clearing Division of CME Holdings and CME since 2004. She led CME’s efforts to establish its historic clearing agreement with Chicago Board of Trade (CBOT) in 2003 and to complete integration of CME Group and NYMEX clearing systems in 2009, following CME Group’s 2008 acquisition of NYMEX. Taylor also has been instrumental in developing the expansion of CME ClearPort, an open clearing service which virtually eliminates counterparty risk for over 600 over-the-counter (OTC) products.
Taylor began her CME career in 1989 as a Clearing Analyst and has held positions of increasing responsibility in CME Clearing since that time including Managing Director, Risk Management. In this role, she managed CME Clearing’s exposure to counterparty risk, including monitoring market volatility, setting minimum performance bond requirements and negotiating cross-margin programs. Before joining CME, she held a variety of sales-related positions with Sprint and MacDonald Broadcasting Corp.
Taylor received her bachelor’s degree from Alma College in Alma, Mich., and her MBA from Eastern Michigan University in Ypsilanti, Mich.