BGC Co-CEO JP Aubin to Step Down and Become Vice Chairman; Abularrage and Windeatt to Lead

Published November 3, 2026 at 9:09 AM EST

BGC Group Co-Chief Executive Officer JP Aubin will step down from the top job and become vice chairman at the close of business on Dec. 31, 2026, leaving John Abularrage and Sean Windeatt to run the marketplace, data and financial technology services company as co-CEOs, according to an 8-K filed Tuesday.

Abularrage and Windeatt will oversee all of BGC's regions and businesses after the change, the company said. As vice chairman, Aubin will report to the two co-CEOs.

Roles he is giving up

Aubin will leave his current posts at BGC and its subsidiaries, including co-CEO, CEO of EMEA and Co-Global Head of Financial Services Brokerage, and will no longer be an executive officer of the company, according to the filing. The co-CEOs can still designate him for other roles.

The change is set out in an Oct. 28 amendment to Aubin's employment agreement with BGC Brokers LP's Geneva branch. The amendment, approved by BGC's board and its compensation committee, changes his title and reporting line and states that the rest of his existing contract "continues unchanged." It is governed by Swiss law.

What the executives said

"After more than three decades in the industry, I now feel the time is right to assume the role of Vice Chairman of BGC," Aubin said in a press release furnished with the filing. He said the role would let him focus on "the markets and regions I know best, our clients, and our people," and help the company develop new markets.

Aubin also said he had worked with Howard Lutnick for twenty years and said the company "is in the strongest position in its history."

Abularrage said, "Our strategy is unchanged, and we remain focused on growing the business and delivering for our clients and shareholders."

Windeatt said he and Aubin have worked closely for more than two decades, and credited Aubin's leadership with growing BGC's European business and its Listed Products business "into leading franchises."

By the numbers

Effective date: close of business Dec. 31, 2026
Co-CEOs after the change: 2 (Abularrage and Windeatt)
Employment agreement amendment signed: Oct. 28, 2026

Sources

BGC Group Form 8-K on JP Aubin appointment as vice chairman, filed Nov. 3, 2026 (accession 0001213900-26-115149)

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