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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| E TRADE Financial Corporation | NASDAQ:ETFC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 49.26 | 48.50 | 51.87 | 0 | 01:00:00 |
From May 2019 to May 2024
E*Trade Financial Corp. said it is shaking up its executive ranks and will replace its chief executive with its general counsel as growth in its core brokerage business has come under pressure.
General Counsel Karl Roessner is succeeding Paul Idzik as chief executive. Chairman Rodger Lawson will take on a daily operational role in the company, becoming executive chairman.
The company also said it had completed its $725 million deal for Aperture New Holdings Inc., the parent of online broker OptionsHouse LLC. Aperture's CEO, Michael Curcio, is becoming E*Trade's chief brokerage officer. Mr. Curcio will be responsible for reigniting growth in E*Trade's core business.
"With the OptionsHouse transaction drawn to a close, we have a significant opportunity to reconfigure the company's leadership to better focus on growing the business," Mr. Lawson said.
Write to Austen Hufford at austen.hufford@wsj.com
(END) Dow Jones Newswires
September 12, 2016 09:25 ET (13:25 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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