Leo Melamed likes a good drag race.
As a young man, Melamed would put pedal to the metal to his new Corvette and fly along a stretch of open road in Indiana, just over the Illinois border.
“It was a great car,” the 85-year-old says wistfully.
Melamed, who will soon retire from the board of trading giant CME Group, is no stranger to risk-taking or the need for speed. He’s courted both throughout his long, illustrious and occasionally controversial career as the futures exchange’s world-renowned leader.
Even those who don’t know what CME Group actually does have probably heard of Melamed. On top of being a driving force for modernizing and expanding the Chicago...