MINNEAPOLIS, MINNESOTA, U.S. – MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), recently finished its board of directors elections, held on Oct. 5. Re-elected to the board were John A. Griffith and Murray Stahl. Newly elected to the board was Albert Cyrlin. All were elected to serve two-year terms. 

Jesse Marie B. Green, MGEX chief of staff and assistant corporate secretary, said four candidates ran for three open board positions. A total of 314 votes on proxies were received. 

“On behalf of MGEX ownership and management, I would like to thank outgoing director Marc L. Gordon for his service to MGEX over the last six years,” said Mark G. Bagan, president and chief executive officer of MGEX. “I would also like to welcome Albert Cyrlin to the board, and I look forward to continue working with the two re-elected members to further grow the Exchange.”