Ms. Taylor has served as Managing Director and President of the CME Group Clearing House Division since July 2007. Previously she served as Managing Director and President of the CME Clearing House Division since January 1, 2004 and as Managing Director, Risk Management (previously Senior Vice President under CME's former title structure) in the Clearing House Division, from October 1998 to December 2003. Ms. Taylor has held a variety of positions in the Clearing House, including Vice President from January 1996 to January 1998 and Senior Director from July 1994 to December 1996. She joined CME in 1989.