INTERACTIVE BROKERS GROUP, INC. (NASDAQ:IBKR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.Departure of Directors of Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers.
Interactive Brokers Group, Inc. (the “Company”),announced today that it will appoint Mr. Milan Galik as Chief Executive Officer of the Company, succeeding Mr. Thomas Peterffy in this role. Mr. Peterffy, will continue as Chairman of the Board. These changes will occur in the third quarter of 2019, concurrently with Mr. Peterffy’s 75th birthday.
It is expected that the Company’s Board will formalize these changes at its meeting on January 22, 2019.
A copy of the press release issued by the Company is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
All of the information furnished in this report (including Exhibit 99.1 hereto) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and unless expressly set forth by specific reference in such filings, shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings.
Item 9.01. Financial Statements and Exhibits.
99.1Press Release dated January 7, 2019.
Interactive Brokers Group, Inc. Exhibit
EX-99.1 2 ibkr-20190107xex99_1.htm EX-99.1 20190107 Exhibit 99.1 EXHIBIT 99.1 INTERACTIVE BROKERS GROUP WILL APPOINT MILAN GALIK AS CEO; THOMAS PETERFFY,…
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About INTERACTIVE BROKERS GROUP, INC. (NASDAQ:IBKR)
Interactive Brokers Group, Inc. (IBG, Inc.) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 100 electronic exchanges and trading venues around the world. It operates in two segments: electronic brokerage and market making. Its primary assets are its membership interests of IBG LLC (the Group), the holding company for its businesses. The Company is the sole managing member of IBG LLC. As a direct market access broker, the Company serves the customers of both traditional brokers and prime brokers. It provides its customers with order management, trade execution and portfolio management platform. As a market maker, it provides continuous bid and offer quotations on over one million securities and futures products listed on electronic exchanges around the world.