In a splashy cross-industry hire, Citadel hired Kevin Turner from Microsoft to be chief executive officer of its Citadel Securities market-making unit. Turner spent 11 years as chief operating officer at Microsoft, where he led a team of more than 51,000 employees in 191 countries. Turner was the driving force behind the sales and marketing efforts of Office 365 and the widespread customer adoption of Azure cloud.Prior to Microsoft, Turner spent nearly 20 years at Walmart, where he started as a cashier. Turner will be vice president of parent company Citadel.
Also at Citadel, Steven Lieblichwas named chief technology officer for the firms hedge-fund business. A 30-year veteran of Morgan Stanley, Lieblich served in a series of senior technology roles, most recently as chief information officer. Before that, he led the technology division of Morgan Stanleys institutional securities business, which includes investment banking and sales and trading. He previously led the equity technology group and the technology team supporting cross-asset electronic trading. Slated to start in the fall, Lieblich will report to Citadel CEO Kenneth C. Griffin.
If you have a new job or promotion, let me know atjdantona@marketsmedia.com
IEX, which recently was approved to be the newest U.S. stock exchange, finalized appointments to the exchanges board of directors. It added added William Donaldson, the 27th Chairman of the SEC and previously CEO of the New York Stock Exchange, Jeff Charney, chief marketing officer of Progressive Insurance, and Jonathan Mariner, former executive vice president and CFO of Major League Baseball.
Other independent directors, previously disclosed, include Wade Massad, co-founder and of Cleveland Capital Management;Joseph Scafidi, director of trading of Brandes Investment Partners;Helen Scott, professor of Law and co-director of the Jacobson Leadership Program in Law and Business at New York University School of Law; and Jeffrey Sonnenfeld, the senior associate dean for Leadership Programs and the Lester Crown Professor in the Practice of Management at Yale School of Management.
Also, IEXs buy-side Trading Advisory Committee selected the following interim Member Representative Directors: Brian Levine, Partner and co-head of Global Equities Trading and Execution Services at Goldman, Sachs & Co., and Jatin Suryawanshi, managing director and head of Global Quantitative Strategy at Jefferies LLC.
OCC, the equity derivatives clearing organization, announced that Geralyn Endo, Vice President at Bank of America Merrill Lynch; Gary Franklin, Vice President and Manager, Options Trading and Strategies at Raymond James; FrankMagnani, Global Prime Brokerage Institutional Sales at Interactive Brokers and Barry Metzger, Senior Vice President, Trading Services, Charles Schwab & Co., Inc. and Chief Executive Officer, optionsXpress, have joined the OIC Roundtable.
Endo currently serves as vice president, Bank of America Merrill Lynch where she focuses on the Instinct Options electronic execution platform.Franklin is a vice president, manager in options trading & strategies at Raymond James Financial.Magnani is affiliated with Interactive Brokers with primary focus on hedge funds, proprietary trading groups, and advisors.Metzger is the senior vice President of Trading Services at Charles Schwab, where he is responsible for the client experience, trading platforms, and education for Schwabs active traders.
TMX Group announced that John McKenzie has been named CFO, effective July 1.McKenzie has been with the company for 16 years, most recently serving as president of the Canadian Depository for Securities Limited (CDS), Canadas equity and fixed income clearing house and a wholly-owned subsidiary of TMX Group.
