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OCC Announces Two Officer Promotions

CHICAGO, IL -- (Marketwire) -- 12/12/12 -- OCC announced today the promotion of two officers.

Alan Grigoletto to Vice President, OIC Education from Director, OIC Education. He will continue to oversee OIC's educational outreach to retail investors, financial advisors and institutional investors. As part of his new role, Mr. Grigoletto will build options-focused wealth advisor summits, expand OIC's educational efforts to credit unions and CPAs, and assist in the development of European education programs.

Cindy James to Vice President, Human Resources from Director, Human Resources. In her new role she will head up OCC's entire Human Resources staff, which includes compensation and benefit administration. Ms. James will also continue to oversee the recruitment process and extensive training programs for OCC employees.

About OCC
OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the Securities and Exchange Commission (SEC) as a Registered Clearing Agency and the Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. OCC now provides central counterparty (CCP) clearing and settlement services to 17 exchanges and trading platforms for options, financial and commodity futures, security futures and securities lending transactions. More information about OCC is available at www.theocc.com.

Jim Binder
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Angela Kotso
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