CHICAGO–(BUSINESS WIRE)–#IWD2017–OCC, The Options Industry Council (OIC) today announced that Gina
McFadden, a long-time leader in the U.S. listed equity options industry,
will be the first woman to receive the 2017 Joseph W. Sullivan Options
Industry Achievement Award. This award is given to individuals in
recognition of outstanding contributions to the U.S. options industry.
The award will be presented at the 35th
Annual Options Industry Conference on May 12 in Scottsdale, Arizona.
Gina McFadden’s career spanned nearly forty years in the options
industry. She was President of OIC from 2006 to 2013 and prior to that
was Executive Director from 1995 to 2006. Concurrent with her OIC
position, Ms. McFadden also was a member of The
Options Clearing Corporation’s (OCC) senior management team, serving
as Executive Vice President of Industry Services. Before that she was
Executive Vice President of OCC’s Business Operations Group and Business
and Product Development. Ms. McFadden contributed to the growth of the
U.S. listed options markets by overseeing the implementation of clearing
enhancements that delivered operational efficiencies to market
participants and enriched the OCC customer service experience.
Additionally, through her leadership of OIC, increased focus was placed
on expanding options investor education beyond retail investors to
financial advisors and institutional investors, and extending OIC’s
reach beyond North America to Europe and Asia.
Ms. McFadden was active on various industry committees and
organizations, including OIC’s Roundtable, OCC’s Operations Roundtable,
SIFMA’s Equity Options Roundtable, the STA Options Committee and the
Futures Industry Association. Promoting the advancement of women, she
was an inaugural board member of Women in Listed Derivatives (WILD), a
professional development group for women. Ms. McFadden completed the
Kellogg Management Institute Graduate Program at Northwestern University
and SIA’s Securities Institute Program at the Wharton School. She has a
B.A. from Barat College.
“Gina’s extensive background and accomplishments in the listed options
markets through her career at OCC, her leadership of OIC and her active
involvement with professional organizations demonstrates her
longstanding commitment to the growth of the options industry. Her
contributions have left an indelible mark on the options industry as we
know it today,” said Mary
Savoie, OCC First Vice President of Industry Services and Executive
Director of OIC.
“It is a great honor to receive this year’s award and to join such a
distinguished group of previous award winners. It was a privilege to
have worked with so many talented individuals throughout my career and I
look forward to watching as the listed options industry continues to
innovate and flourish in the U.S. and abroad,” said McFadden.
Past Sullivan Award recipients are:
– Joseph Sullivan, Chicago Board Options Exchange
– Paul Stevens, OIC
– Ivers Riley,
International Securities Exchange, LLC
– Thomas Peterffy,
Interactive Brokers Group, Inc.
– Jeffrey Yass, Susquehanna
International Group, LLP
– David Krell, International Securities
– Bill Brodsky, Chicago Board Options Exchange
Bill Porter, International Securities Exchange, and E*TRADE
McMillan, McMillan Analysis Corp.
– Ed Joyce, CBOE Holdings, Inc.,
Chicago Board Options Exchange and C2 Options Exchange
“Sandy” Frucher, NASDAQ OMX Group
– Blair Hull, Ketchum Trading
Robert Whaley, Vanderbilt University
OIC is an industry cooperative funded by OCC and the U.S. options
exchanges to provide free and unbiased education to investors and
financial advisors about the benefits and risks of exchange-traded
equity options. Managed by OCC, OIC offers education through the Options
Education Program, which includes live seminars, self-directed online
courses, mobile tools, podcasts, webinars and live help. OIC’s
Roundtable is the independent governing body of the Council and is
comprised of representatives from the exchanges, member brokerage firms
and OCC. For more information on the educational services OIC provides
for investors, visit www.OptionsEducation.org.