Declining culture and benefits under new CEO - Director Cboe Employee Review

3.0
May 7, 2026
Recommend
CEO approval
Business outlook

Pros

Pros are slowly dying - remote work, great culture, excellent leadership, and career paths have all deteriorated. I’m sure other benefits will follow.

Cons

Since Craig has joined the company has gone through so much change. It’s still unclear if any of it will be for the better. The wealthy elites continue to oppress the working class by removing benefits and killing a culture we actually like. Look at what happened at occ and cme cultures under Craig. His command and control leadership style from the 80s has created a culture of fear and self preservation after half of the leadership team have left, who were actually good leaders. He wants to create a collaborative culture onsite with RTO yet we never see him and he doesn’t talk with the working class like the previous leadership and CEO did. Will the new regime share their millions with us? Of course not. Cboe isn’t what is was, and time will tell if this company will be a well respected institution like it had been or if it’ll turn into the next occ and cme.

Explore other reviews about Cboe

5.0
Jun 1, 2026
Recommend
CEO approval
Business outlook

Pros

- Great Team - Good Culture - Nice Work-life balance

Cons

- High turnover at times but overall good experience

1.0
Jun 4, 2026
Recommend
CEO approval
Business outlook

Pros

Nothing, not a single thing.

Cons

The strongest reason to join this company is the people—if you can find the right ones. Genuine colleagues exist, and they often become the support system needed to navigate an environment marked by burnout, stress, and a toxic workplace culture. Unfortunately, professional growth appears to be driven less by performance and more by proximity. Promotions frequently feel tied to long-standing relationships with leadership rather than measurable contributions, leaving many high-performing employees questioning whether merit truly matters. The company continues to struggle with diversity and inclusion. Leadership remains largely homogeneous, and the lack of diverse perspectives can contribute to bias in decision-making and workplace dynamics. Several talented minority employees and leaders have already departed, and others continue to leave, raising concerns about retention and belonging. The culture itself is toxic. Boundaries are often tested, expectations can be relentless, and maintaining a healthy work-life balance requires constant vigilance. Employees who succeed here are often those who become skilled at navigating internal politics while fiercely protecting their own well-being. If you're considering joining, come prepared with strong boundaries, resilience, and the ability to advocate for yourself. Some people will make the journey worthwhile, but the environment will likely demand more from you than it ever should.

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