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

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.

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On January 22, 2019, Interactive Brokers Group, Inc.’s (the “Company”) Board of Directors appointed Mr. Milan Galik to serve as the Company’s Chief Executive Officer effective October1, 2019.

Mr.Galik, age 52, joined us in 1990 as a software developer and has served as President of the Company and IBG LLC, the holding company for our businesses, since October 2014. Mr. Galik served as Senior Vice President, Software Development of IBGLLC from October 2003 to October 2014. In addition, Mr.Galik has served as Vice President of Timber HillLLC, a subsidiary of the Company, since April 1998 and serves as a member of the board of directors of the Boston Options Exchange. Mr.Galik received a Master of Science degree in electrical engineering from the Technical University of Budapest in 1990. He has no family relationships with directors or other executive officers of the Company and is not a party to any transactions requiring disclosure under Item 404(a) of Regulation S-K.

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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.

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