John P. Davidson has served as chief executive officer at OCC, the world's largest equity derivatives clearing organization, since 2019. He joined OCC in 2017 as president and chief operating officer, where he was responsible for OCC's technology and operations functions. Prior to joining OCC, he served as chief compliance officer at Citigroup, where he led the 2,400 person, 87 country compliance organization. Previously, Davidson served as Citi's Risk Division's chief administrative officer, helping rebuild the risk function during the financial crisis, and subsequently as head of enterprise risk management, where he was responsible for managing Citi's operational risk across businesses and geographies. Prior to Citi, Davidson spent two years as chief corporate development officer at CME Group, and 12 years at Morgan Stanley as managing director for its Institutional Operations Division. Early in his career, Mr. Davidson worked for 10 years as head of the CME Clearing House, successfully guiding it through the 1987 stock market crash and leading initiatives to enhance its financial safeguards. Among other accomplishments, Davidson was instrumental in developing and implementing the Standardized Portfolio Analysis of Risk (CME SPAN) margining system as well as the Globex Control Center. He began his career in the futures industry in September 1980 with Merrill Lynch Commodities at the Chicago Board of Trade processing account changes and transcribing executed floor orders. Davidson earned an MBA in financial management and international business from the University of Chicago and graduated with highest distinction from the University of Illinois-Urbana with a bachelor's degree in political science.
