TD Ameritrade Announces Changes to Its Leadership Structure
August 02 2016 - 8:30AM
Business Wire
TD Ameritrade Holding Corporation (Nasdaq: AMTD) today announced
that Marv Adams has decided to resign from his position as
executive vice president and chief operating officer (COO). He will
serve in an advisory capacity for the next several months,
reporting to Tim Hockey, TD Ameritrade president and CEO-elect,
before leaving the company on Dec. 1, 2016.
The company has chosen to not replace Adams and will instead
streamline its organizational structure to better align with its
future strategic goals and objectives. In doing so, it is
eliminating the COO position and realigning departments within
existing business units.
“Since he joined TD Ameritrade in 2011, Marv Adams has helped
create a culture of continuous improvement, making us more agile
and simplifying the way we work,” Hockey said. “He has strengthened
the stability and capacity of our systems and enhanced operational
efficiency. We are grateful to him for all that he’s done for our
employees, and for TD Ameritrade, and we wish him the best in his
next endeavors.”
Source: TD Ameritrade Holding Corporation
About TD Ameritrade Holding CorporationMillions of
investors and independent registered investment advisors (RIAs)
have turned to TD Ameritrade’s (Nasdaq: AMTD) technology, people
and education to help make investing and trading easier to
understand and do. Online or over the phone. In a branch or with an
independent RIA. First-timer or sophisticated trader. Our clients
want to take control, and we help them decide how - bringing Wall
Street to Main Street for more than 40 years. An official sponsor
of the 2016 U.S. Olympic Team, as well as an official sponsor of
the National Football League, TD Ameritrade has time and again
been recognized as a leader in investment services. Please visit
TD Ameritrade's newsroom or www.amtd.com for more information,
or read our stories at http://freshaccounts.amtd.com.
Brokerage services provided by TD Ameritrade, Inc., member
FINRA (www.FINRA.org) /SIPC (www.SIPC.org).
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version on businesswire.com: http://www.businesswire.com/news/home/20160802005395/en/
TD Ameritrade Holding CorporationKim Hillyer,
402-206-1014Director,
Communicationskim.hillyer@tdameritrade.comorJeff Goeser,
402-597-8464Director, Investor Relations and
Financejeffrey.goeser@tdameritrade.com
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