ITG Announces Management Changes

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ITG (ITG) Misses Q2 EPS by 3c

August 3, 2015 5:06 PM EDT

ITG (NYSE: ITG) reported Q2 EPS of $0.32, $0.03 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $140.5 million versus the consensus estimate of $143 million.

For earnings history and earnings-related data on ITG (ITG) click here.

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ITG (ITG) CEO Bob Gasser Replaced by Jarrett Lilien

August 3, 2015 9:17 AM EDT

ITG (NYSE: ITG), a leading independent execution broker and research provider, today announced that it has replaced Bob Gasser as its chief executive officer with Jarrett Lilien, a member of the ITG board and the former president and chief operating officer of E*TRADE Financial, effective immediately.

Maureen OHara, chairman of the board of ITG, said We are very pleased that Jarrett has agreed to serve as interim CEO while we consider our options for a permanent CEO. With Jarrett and the... More