Ameritrade COO to Leave Post
Pete Ricketts will continue to serve as vice chairman and a member of the board.
Ameritrade
(AMTD) - Get TD Ameritrade Holding Corporation Report
said Chief Operating Officer Pete Ricketts is leaving the company to explore another opportunity, but he will continue to serve as vice chairman and a member of the board.
While chief operating officer, Ricketts was responsible for Ameritrade's retail client business, as well as clearing and marketing operations. As a result of Thursday's announcement, the Omaha, Neb., online broker said there will be some reorganization and other changes regarding reporting functions.
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The company might also make adjustments to its integration planning in connection with the proposed acquisition of
TD Waterhouse U.S.A.
.
Shares of Ameritrade closed at $19.70, down 30 cents.
