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BGC appoints interim CFO.

BANKING AND CREDIT NEWS-November 7, 2018-BGC appoints interim CFO

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Brokerage and fintech company BGC Partners, Inc. (NASDAQ: BGCP) has announced it has appointed its chief operating officer and EVP Sean A. Windeatt to fill the position of interim CFO, following Steven R. McMurray's announcement that he intends to resign as CFO effective December 15, 2018, the company said.

McMurray will remain in his current role until this date in order to help oversee the planned spin-off of Newmark from BGC in addition to his ordinary duties.

Windeatt will serve as Interim CFO in addition to his current duties until a permanent replacement is named. Mr. Windeatt has been BGC's COO since January 2009. Prior to this role, Mr. Windeatt was Executive Managing Director and Vice President of BGC Partners from 2007 until 2009.

The Company has also recently bolstered its finance leadership team with two key additions.

BGC's board of Directors has appointed Sean P. Galvin to the newly created role of BGC's Chief Accounting Officer ("CAO"). He has over 30 years of experience in finance, tax, and accounting. From 2000 through 2018, Mr. Galvin held a number of positions at Virtu Financial, Inc.

Kalyan C. Popuri has recently joined as Global Treasurer for BGC and its affiliates. He has 22 years of experience, primarily focused on corporate treasury, institutional banking and capital markets areas across North America and Asia. He most recently worked for JPMorgan Chase & Co.

BGC Partners, Inc. offers Real Estate Services through its publicly traded subsidiary Newmark Group, Inc. BGC owns GFI Group Inc., a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets.

Newmark Group, Inc. is a publicly traded company which, through subsidiaries, operates as a full-service commercial real estate services business with a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.

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Publication:M2 Banking & Credit News (BCN)
Date:Nov 7, 2018
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