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WIU alumnus Charles P. Carey
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Spring 2009 CBT Executive in Residence: Charles Carey, Vice Chair at CME

February 16, 2009

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MACOMB, IL -- Western Illinois University's College of Business and Technology (CBT) presents its eighth installment of the "Executive in Residence" (EIR) series next week as it hosts WIU alumnus Charles P. Carey, vice chairman of the CME Group. With market capitalization of $30 billion, CME is the largest and most diverse stock exchange in the world.

Carey, who earned a bachelor's degree in business administration, will arrive on the Macomb campus on Monday, Feb. 23. Carey will speak at open sessions at 5 p.m. that day and at 11 a.m. Tuesday, Feb. 24 in Stipes Hall 121. In addition, Carey will be meeting with CBT students for breakfast on Monday, Feb. 23; he will be speaking in CBT classrooms throughout Monday, Feb. 23 and Tuesday, Feb. 24; and he will be honored Monday, Feb. 23 at a luncheon in the University Union Nauvoo Room.

Carey, who currently serves on WIU's President's Advisory Board and has been an ardent supporter of the University, also played football for WIU during his time in Macomb.

Prior to the merger of the Chicago Board of Trade (CBOT) and CME in July 2007, Carey served as CBOT chairman. He was elected CBOT chairman in 2003 and remained in that role until he assumed his current position at CME. Carey served on the CBOT board of directors for 11 years in various roles, including vice chairman, first vice chairman and full member director. An independent futures trader, Carey became a member of CBOT in 1978 and is a partner in the firm Henning and Carey.

In addition to a leading role in the 2007 merger of CBOT and CME, Carey spearheaded the transformation of CBOT -- a member-run institution for more than 155 years and formerly the third largest exchange in the United States -- into a for-profit, New York Stock Exchange-listed public company in 2005.

Carey has received a number of civic, industry and community service awards. Most recently, he was presented with the Western Illinois University Distinguished Alumni Award for his business and professional accomplishments. Other awards include the Rerum Novarum Award from St. Joseph College Seminary, Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations Foundation, Inc. and the Gold Medallion Award from the International Visitors Center of Chicago. Carey is also president of the Chicagoland Sports Hall of Fame.

Due to Carey's background as an athlete at WIU, CBT is collaborating with intercollegiate athletics on Western's Macomb campus to coordinate his visit. Not only will Carey meet with CBT faculty, staff, students and university administration in a variety of venues, he will share his personal accounts of his business expertise in a special session with Western student athletes.

"Charlie Carey came to Western to play football, and he is now a perfect example for our current student-athletes. Participation in intercollegiate athletics is a very demanding and disciplined endeavor, but very rewarding. Charlie has demonstrated these characteristics throughout his career," said Tim Van Alstine, assistant vice president for Student Services at WIU and director of intercollegiate athletics.

"The EIR program is an amazing opportunity for all of our students to interact with high-level executives in a casual environment. I'm certain the information Charlie shares with the students will leave a lasting impression as they advance into their own careers," said CBT Dean Tom Erekson.

For more information about CBT's EIR program, contact Becky Paulsen, CBT director of development, at (309) 298-2442 or

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