Virtu Financial Announces Michael T. Viola to Succeed Robert Greifeld as Chairman
21 Aprile 2023 - 3:00PM
Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of
financial services and products that leverages cutting-edge
technology to deliver innovative, transparent trading solutions to
clients and liquidity to the global markets, has announced that Mr.
Michael T. Viola has been appointed to succeed Mr. Robert Greifeld,
Chairman, who has resigned from Virtu’s Board of Directors in order
to focus on other endeavors, including the launch of Cornerstone
FTM, a financial technology focused investment fund, as well as
board and leadership roles with other financial and philanthropic
organizations.
Michael T. Viola has served on Virtu’s Board of Directors since
2016 and as chair of its Nominating and Corporate Governance
Committee since 2019. Mr. Greifeld joined Virtu’s Board of
Directors in July 2017 as Chairman, concurrent with Virtu closing
its acquisition of KCG Holdings, Inc.
“Bob’s tenure as Chairman included a period of significant
growth for Virtu, including our acquisitions of KCG Holdings and
ITG, Inc. His leadership has been critical, and we wish him
well in his new venture,” said Douglas Cifu, Chief Executive
Officer and Co-Founder of Virtu Financial. Mr. Cifu
continued, “I look forward to Michael assuming the role of Chairman
and continuing to build on our successes as a company.”
“Having Bob as Chairman during this period of time at Virtu has
been enormously beneficial to the Board and Management team of
Virtu. Michael has my complete confidence and I look forward
to him assuming the role of Chairman,” said Vincent J. Viola,
Chairman Emeritus and Founder of Virtu.
“It has been a distinct pleasure to have worked with the Board
and Management team over the past six years. I have always been an
admirer of Vinnie, Doug, and Michael and I leave with lifelong
friends, and I am incredibly optimistic about the future of Virtu,”
said Robert Greifeld. Mr. Greifeld continued, “I will continue to
serve as Chairman of USATF Foundation, the Cornerstone entities and
Run Gum and as a board member of Financeware LLC, Capital ROCK LLC,
and Runway Growth Finance.”
Michael Viola became a member of Virtu’s Board of Directors in
April 2016. He previously served Virtu in a variety of roles since
2011, most recently as a senior trader focused on foreign exchange
products and global commodities. Since 2016, Mr. Viola has also
served as the President of the Viola family’s private investment
office, located in New York City. In addition, Mr. Viola is a
member of the Board of Directors of Independent Bank Group, Inc.
(NASDAQ:IBTX), multiple private companies, and the Viola
Foundation.
About Virtu Financial, Inc.Virtu is a leading
provider of financial services and products that leverages
cutting-edge technology to deliver liquidity to the global markets
and innovative, transparent trading solutions to its clients.
Leveraging its global market making expertise and infrastructure,
Virtu provides a robust product suite including offerings in
execution, liquidity sourcing, analytics and broker-neutral,
multi-dealer platforms in workflow technology. Virtu’s product
offerings allow clients to trade on hundreds of venues across 50+
countries and in multiple asset classes, including global equities,
ETFs, foreign exchange, futures, fixed income, cryptocurrency and
myriad other commodities. In addition, Virtu’s integrated,
multi-asset analytics platform provides a range of pre-, intra- and
post-trade services, data products and compliance tools that
clients rely upon to invest, trade and manage risk across global
markets.
Contact:Investor RelationsAndrew
Smithinvestor_relations@virtu.com
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