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Rephrase the title:John J. Ray III | People Directory

by Joseph Jolie
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Rephrase and rearrange the whole content into a news article of 350 words. Make sure whole content is in narrative style with h2 and h3 headings and there is no plagiarism involved compare with the following article:

John J Ray III is the Chief Restructuring Officer and now-appointed CEO of FTX, a cryptocurrency derivatives exchange. He is a Chicago-based lawyer with extensive experience as a chief restructuring officer and plan administrator in notable bankruptcy cases and situations such as Enron, Overseas Shipholding Group Inc., and Nortel Networks Inc.

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