Former Commissioners

Each of the CFTC's five commissioners is appointed by the President, and confirmed by the U.S. Senate, to serve a five-year term. When the CFTC was established in 1975, the terms were staggered to ensure that one term ended each year. Because of this, some CFTC commissioners have been appointed to and have held more than one term while others served less than five years because they were appointed to fill a term that had already commenced.

Commissioner Dates of Service (Term Eligible) Public Statements & Remarks

Mary L. Schapiro

(Chairwoman 10/13/1994 – 01/26/1996)

10/13/1994 – 01/26/1996

(04/15/1994 – 04/15/1999)

Sheila C. Bair

(Acting Chairwoman 08/22/1993 – 12/21/1993)

05/02/1991 – 10/04/1994 and 05/02/1991 – 06/16/1995

(04/15/1989 – 04/15/1994 and 04/15/1990 – 04/15/1995)

William P. Albrecht

(Acting Chairman 01/22/1993 – 08/20/1993)

11/22/1988 – 08/20/1993

(04/15/1988 – 04/15/1993)

Wendy L. Gramm

(Chairman 02/22/1988 – 01/22/1993)

02/22/1988 – 01/22/1993

(04/15/1985 – 04/15/1990 and 04/15/1990 – 04/15/1995)

Fowler C. West

10/06/1982 – 01/20/1993

(04/15/1982 – 04/15/1987 and 04/15/1987 – 04/15/1992)

Kalo A. Hineman

(Acting Chairman 07/27/1987 – 02/22/1988)

Term of Service 01/12/1982 – 06/19/1991

(06/19/1981 – 06/19/1986 and 06/19/1986 – 06/19/1991)

Robert R. Davis

10/03/1984 – 04/30/1990

(04/15/1984 – 04/15/1989)

William E. Seale

11/16/1983 – 09/01/1988

(04/15/1983 – 04/15/1988)

Susan M. Philips

(Chairwoman 11/17/1983 – 07/24/1987)
(Acting Chairwoman 05/28/1983 – 11/16/1983)

11/16/1981 – 07/24/1987

(04/15/1980 – 04/15/1985 and 04/15/1985 – 04/15/1990)

Philip McBride Johnson

(Chairman 6/8/1981 - 5/01/1983)

06/06/1981 – 05/01/1983

(04/15/1979 – 04/15/1984)