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Ameritrade Holding Corporation Names Chief Strategy Officer; Company Proceeding With Its Client-Focused Restructuring.


Business Editors

OMAHA Omaha, city, United States
Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857.
, Neb.--(BUSINESS WIRE)--June 21, 2001

Ameritrade Holding Corporation (Nasdaq:AMTD AMTD Arithmetic Mean Temperature Difference
AMTD Automatic Magnetic Tape Distribution
AMTD Affordability and Manufacturing Technology Demonstration
), today announced the appointment of Phylis M. Esposito as chief strategy officer. In this newly created position, Esposito will have several areas of responsibility including mergers and acquisitions, strategic alliances, marketing, business development and public and investor relations Investor relations

The process by which the corporation communicates with its investors.
. She will be joining Ameritrade on July 2.

"I am extremely pleased that Phylis has agreed to join us," said Joe Moglia Joe Moglia is the current CEO of TD Ameritrade, the largest online discount brokerage firm in the world.

Born in Queens, New York, Moglia was a football coach for 16 years, finishing as a Dartmouth College assistant from 1981-1983.
, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Ameritrade. "She brings a wealth of experience in strategic and business planning, communications, client relations and marketing. She will prove to be an integral part of our efforts to grow our business while staying focused on our client experience, shareholder value, and employee pride."

Esposito has over 25 years of financial markets experience. She joins Ameritrade from Mathias & Company, Management Consultants, where she served as senior partner and project manager. Previously, she held a variety of executive and management positions at several firms including Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world.  & Company and Goldman Sachs. She is a graduate of Fordham University, and holds an M.B.A. from Columbia University.

The appointment of a chief strategy officer is part of Ameritrade's realignment re·a·lign  
tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns
1. To put back into proper order or alignment.

2. To make new groupings of or working arrangements between.
 of business segments to better serve the needs of the company's 1.5 million clients. More information on the realignment will be released in the near future.

"These appointments are an important first step in our efforts to reorganize Ameritrade around our client base while balancing the needs of our shareholders and employees," said Moglia.

About Ameritrade Holding Corporation (Nasdaq:AMTD)

Ameritrade Holding Corporation (www.amtd.com) is a pioneer in the online brokerage industry with a 25-year history of providing clients a self-directed approach to brokerage services. The award-winning Company, through its broker/dealer subsidiaries, provides brokerage and clearing services to self-directed individual consumer investors and to financial institutions.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 21, 2001
Words:304
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