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Knight Capital Management Changes
[ by Howard Haykin ]
Knight Capital has shuffled its management team in 3 key business areas, as reported by theflyonthewall: technology, operations and risk.
As part of a continuing review of technology operations, Knight has launched an internal and external search for a Chief Technology Officer. During the search process, Managing Director Michael Tobin, a 12-year veteran of Knight, will serve as interim CTO.
Knight Capital Group announced that Steven Bisgay, who currently serves as EVP and CFO, has added a new title, effective immediately - that of Chief Operating Officer.
Knight also announced that Managing Director Brian Strauss was promoted to the newly-created position of Chief Risk Officer with global responsibility for credit, market and operational risk management. [theflyonthewall.com, 9/21/12]
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