E*TRADE Financial (ETFC) Names Frank Petrilli as Chairman

January 30, 2012 8:06 AM EST
E*TRADE Financial Corporation (Nasdaq: ETFC) announced that its Board of Directors named Frank J. Petrilli, an experienced financial services leader, as the Company’s Chairman of the Board effective January 27, 2012. Steven Freiberg, Chief Executive Officer of E*TRADE Financial, has held the role on an interim basis since the departure of Robert Druskin in May 2011. Mr. Petrilli was also appointed to the Company’s Nominating and Corporate Governance Committee. Mr. Freiberg will remain on the Board and in his position as the Company’s CEO.

Most recently, he was Chief Executive Officer of Surge Trading, Inc. and previously served as President and Chief Executive Officer of Nexxar Group, Inc.


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