# Cboe Appoints CTO Tim Lipscomb as Executive Vice President
**June 2024 – Chicago, IL** – Cboe Global Markets, a leading provider of market infrastructure and trading solutions, has announced the appointment of Chief Technology Officer (CTO) **Tim Lipscomb** as **Executive Vice President (EVP)**. This strategic move underscores Cboe’s commitment to innovation and technology-driven growth in global financial markets.
## **Leadership Expansion at Cboe**
Tim Lipscomb, who has been with Cboe since **June 2023**, has played a key role in leading the company’s technology initiatives. As CTO, he has led infrastructure modernization, cybersecurity enhancements, and the expansion of trading systems to support Cboe’s global trading ecosystem.
With his promotion to EVP, Lipscomb’s responsibilities will expand further, allowing him to play a more significant role in shaping **Cboe’s long-term technology strategy** and **enhancing operational efficiencies** across the company’s global markets.
## **Who is Tim Lipscomb?**
With more than **two decades of experience** in financial technology, Tim Lipscomb has built a reputation as a highly skilled leader in **exchange technology, market connectivity, and risk management systems**. Before joining Cboe, he held significant positions at major financial institutions, focusing on driving technological transformation and improving trading infrastructures.
## **What This Means for Cboe’s Future**
Lipscomb’s promotion comes at a time when **financial markets are evolving rapidly**, with technology playing a crucial role in market stability, security, and accessibility. Under his leadership, Cboe is expected to:
– **Enhance trading technology** to improve speed and reliability.
– **Advance its global expansion** with innovative market infrastructure.
– **Strengthen cybersecurity measures** to protect market participants.
– **Develop new digital asset and derivatives trading solutions**.
## **Conclusion**
As **Executive Vice President and CTO**, Tim Lipscomb will be a driving force behind **Cboe’s technology evolution**. This appointment reflects Cboe’s confidence in his ability to **lead innovation and strengthen the company’s competitive edge** in global financial markets.
With his extensive expertise, Lipscomb is well-positioned to drive Cboe’s **next generation of trading solutions**, ensuring the company remains a leader in the fast-changing financial landscape.