E*TRADE Financial (ETFC) Names Paul T. Idzik as CEO
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E*TRADE Financial Corporation (NASDAQ: ETFC) today announced that its Board of Directors has appointed Paul T. Idzik Chief Executive Officer, effective January 22, 2013.
Interim CEO Frank J. Petrilli, who has served since August, 2012, will continue as Chairman. Rodger A. Lawson will step down as Lead Independent Director, a role he has served since August 2012, but will remain on the Board. Mr. Idzik was also named President of E*TRADE Bank, and will serve on the Company’s and E*TRADE Bank’s Boards of Directors.
Paul T. Idzik, 51, was most recently Group Chief Executive of DTZ Holdings PLC in London. He also served 10 years at Barclays PLC, most recently as Group Chief Operating Officer and before that as Chief Operating Officer of Barclays Capital. He oversaw all key functional units, including Information Technology and Operations, HR, Corporate Communications, Sourcing and Procurement, and all strategy for Barclays.
Interim CEO Frank J. Petrilli, who has served since August, 2012, will continue as Chairman. Rodger A. Lawson will step down as Lead Independent Director, a role he has served since August 2012, but will remain on the Board. Mr. Idzik was also named President of E*TRADE Bank, and will serve on the Company’s and E*TRADE Bank’s Boards of Directors.
Paul T. Idzik, 51, was most recently Group Chief Executive of DTZ Holdings PLC in London. He also served 10 years at Barclays PLC, most recently as Group Chief Operating Officer and before that as Chief Operating Officer of Barclays Capital. He oversaw all key functional units, including Information Technology and Operations, HR, Corporate Communications, Sourcing and Procurement, and all strategy for Barclays.
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