E*TRADE Financial Restructures Leadership, Elevates Karl Roessner To CEO

(RTTNews) - E*TRADE Financial Corp. (ETFC) announced it completed the acquisition of Aperture New Holdings, Inc., the ultimate parent company of OptionsHouse. E*TRADE Financial also announced changes to its executive leadership, including the appointment of Rodger Lawson as Executive Chairman, Karl Roessner as Chief Executive Officer and Board member, and Michael Curcio as Chief Brokerage Officer, as well as the departure of previous Chief Executive, Paul Idzik.

"With the OptionsHouse transaction drawn to a close, we have a significant opportunity to reconfigure the company's leadership to better focus on growing the business both organically and inorganically," said Rodger Lawson, Executive Chairman of E*TRADE Financial.