Ameritrade announced new executive
appointments that will take effect when it completes its acquisition of
TD Waterhouse-a deal expected to close by the end of the year.
Chris Armstrong, currently acting
president and chief executive officer at TD Waterhouse, will assume the
role of executive vice president of sales and marketing for the merged
company, which will be called TD Ameritrade.
Randy MacDonald, Ameritrade's chief financial
officer and chief administrative officer, and Asiff Hirji, Ameritrade's
chief operating officer, will remain in their roles after the merger,
according to a statement released today by Ameritrade. They will
continue to serve as advisors to CEO Joe Moglia.
Laurine Garrity, currently vice president of
marketing program development at Ameritrade, will become chief
marketing officer and report directly to Armstrong. Anne Nelson,
Ameritrade's current chief marketing officer, will continue to serve
the company in an "advisory and consulting capacity," according to
Ameritrade.
Larry Szczech will be appointed president of TD
Ameritrade's client group, where he will oversee client segmentation
initiatives and the delivery of client-driven products. He will report
directly to Moglia.