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E*TRADE (ETFC) Appoints Two Industry Vets to Board

February 10, 2012 8:06 AM EST
ETFC Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Down Down)

Revenue Growth %: -8.9%
E*TRADE Financial Corporation (NASDAQ: ETFC) today announced Rodger A. Lawson and Rebecca Saeger have been appointed to the Company’s Board of Directors effective February 10, 2012. Additionally, the Company announced Lewis E. Randall is retiring after almost 30 years of service on the Board effective February 10, 2012.

Lawson is a distinguished executive who most recently served as President and CEO of Fidelity Investments – Financial Services, where he is widely credited with leading significant improvements in operational efficiency and performance, and successfully guiding Fidelity through very challenging market conditions.

Saeger was Executive Vice President and Chief Marketing Officer at Charles Schwab from 2004 through 2010. She partnered with the company’s CEO to help shape the corporate vision and purpose, and revitalized the Schwab brand. She had responsibility for Schwab’s marketing, driving growth through a period of unprecedented challenges for investors and financial markets.


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