E*TRADE Financial Announces Expanded Role Of COO For Michael Pizzi - Quick Facts

(RTTNews) - E*TRADE Financial Corp. (ETFC) announced that Chief Financial Officer Michael Pizzi will expand his role to become Chief Operating Officer, while continuing as CFO.

"Mike has a proven track record of driving operating excellence and efficiency across many parts of our Company, extending well beyond finance. With this in mind, we see tremendous synergy in elevating his role to incorporate oversight of operations as we aim to grow our franchise, while continuing to expand our operating margin," said Karl Roessner, CEO of E*TRADE Financial Corp.

Pizzi has served the company in several leadership roles since he joined in 2003. Prior to serving as CFO, he was Chief Risk Officer, corporate and bank Treasurer.