Bringing you live news and features since 2006 

E*TRADE appoints Chief Risk Officer

RELATED TOPICS​

E*TRADE Financial Corporation has appointed Corporate Controller Brent Simonich as Chief Risk Officer after Paul Brandow advised the Company of his decision to retire, following over a decade of service to the firm. The appointment of Simonich is effective immediately, while Brandow has agreed to serve in an advisory capacity throughout the transition.

“We are extremely fortunate to have such a proven and capable leader as Brent on our bench, who will ably take the charge,” says Mike Pizzi, Chief Executive Officer of E*TRADE Financial. “Brent is a tried and true E*TRADE stalwart with deep knowledge of our industry, our Company, and our risks and controls. His diligence, integrity, and steadfast eye for detail will be tremendous assets as he leads our risk function into the future.”

An E*TRADE veteran, Simonich joined the Company in 1999. He has served E*TRADE in several leadership positions, most recently as Corporate Controller, Principal Accounting Officer, and CFO of E*TRADE Securities. Mr. Simonich has experience in finance and risk and controls functions including risk management, accounting, financial reporting, vendor oversight, due diligence and acquisitions, and real estate and physical security. Prior to E*TRADE he served as a Certified Public Accountant with Seiler LLP where his focus was in audit and tax. He holds Series 27 and 99 designations, and earned his BS in Business from California Polytechnic State University. Mr. Simonich assumes the role from previous CRO Paul Brandow, who is retiring after a career of over 45 years in financial services, including more than 10 years at E*TRADE.

“We are tremendously grateful to have had Paul serve our firm for as long as he has,” says Pizzi. “He has been an incredible asset in building out a fulsome risk function that is best in class, which is a result of Paul’s steady hand in guiding its maturation. His influence will be felt throughout our organisation beyond risk, as he is a deeply respected source of insight for the entire firm. We wish him the best in his much-deserved retirement, and are grateful for his many contributions.”

Latest News

BlackRock’s global ETP flows report for June finds a steady rise with USD128.1 billion added to global ETPs in June,..
Morningstar’s global ETF flows report for the first half of 2024 shows that actively managed ETFs have captured 25 per..
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but..
LSEG Lipper’s latest research finds that the majority of actively managed funds and ETFs globally were not able to beat..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by