OCC, the world’s largest equity derivatives clearing organization, has promoted Joe Adamczyk to senior vice president and chief compliance officer, replacing Richard Wallace.
Adamczyk’s appointment is effective immediately. Previously, he served as OCC’s first vice president and deputy general counsel.
Adamczyk joined OCC in 2015 and has been working primarily on compliance and regulatory exam management issues. He worked for CME Group from 2007 to 2015, most recently as managing director, associate general counsel, where he advocated for the firm before regulators, policy makers, and industry panels throughout the United States, Europe, Middle East, and Asia Pacific.
Adamczyk has also worked for the Chicago law firms of Jenner & Block; and Freeman, Freeman and Salzman.
In other news, the OCC named Amy Shelly senior vice president and chief financial officer, replacing Kim McGarry. Shelly is a former CFO with Optiver U.S., a global participant and market maker on major U.S. derivatives exchanges, who has over 20 years of financial services management experience. At OCC, Shelly will be responsible for finance, accounting, strategic sourcing, and facilities, as well as a new treasury function.
In addition, James Pribel, formerly executive director and treasurer at CME Group, has been named first vice president, treasury, which is a new position in the organization. Pribel’s appointment is effective immediately.