NEW YORK ( TheStreet) -- CME Group ( CME) chief Craig Donohue won TheStreet's readers poll for Worst-Performing Financial CEO of 2010.

We were a bit surprised that Donohue beat out TFS Financial ( TFSL) boss Marc Stefanski, who channeled his deceased parents during the company's first-ever conference call with investors. It may be owing to the fact that CME Group had the largest market cap of any companies on our list, meaning more people were familiar with the company.

A CME Group spokeswoman declined to comment on the results of the poll.

Donohue can take some consolation in the fact that he won with a scant 20 votes, as not many readers of TheStreet voted in the poll. Maybe readers were disappointed to learn that Bank of America ( BAC) chief Brian Moynihan and Morgan Stanley ( MS)boss James Gorman got a pass, since both were in their first year in 2010.

Citigroup ( C) chief Vikram Pandit, long a favorite reader punching bag, appeared to really turn things around in 2010, if Citigroup share performance is any indication.

Donohue's 20 votes put him ahead of Assured Guarantee ( AGO) chief Dominic Frederico, who got 13 votes. American National Insurance ( ANAT) chief Robert Moody and BancorpSouth ( BXS) boss Aubrey Patterson tied for third place with 12 votes each. Stefanski was right behind them with 11 votes.

Trained as an attorney, Donohue has run the giant Chicago futures exchange since the start of 2004. While CME shares have fared poorly over the past five years and one- and three-year returns aren't much to speak of, CME's stock nearly tripled in Donohue's first year at the helm. Now up four and a half times from where it was when he took over leadership of the company.

That said, since we did include CEOs in our poll who were in their first or second year at the helm, so why should we give credit to a CEO for the fact that the stock happened to triple while he was presumably too green to have had much to do with it?

CME spokeswoman Anita Liskey said Donohue was unavailable for an interview, but in an email Liskey argued that "the exchange sector crashed during the time frame you're reviewing." Relatedly, Liskey said investors have been assigning much lower multiples to exchange stocks than they had previously. She points out CME earned $3.60 per share in 2003 and is expected to earn $15.43 this year, according to analysts. As for compensation, Liskey wrote, "his contract was up last year so he was re-signed for 3 additional years. Not given a raise."

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