Robert Nestor Joins Direxion As President
Summary
This hire bolsters Direxions senior management team, as the duties of President have been performed by Mr. ONeill for several years. "Given his broad experience in both product strategy and functional leadership, Mr. Nestors expertise will prove invaluable in helping us reach our next growth phase, as we meet the rise in demand from both retail and institutional traders and investors." Before joining Direxion, Mr. Nestor held several executive roles at BlackRocks iShares unit, most recently serving as the Head of US Smart Beta ETFs, driving commercial strategy, including product R&D, distribution support and the tools/analytics ecosystem for the Smart Beta product line. Prior to BlackRock, he spent 16 years at Vanguard working in a variety of product and business development roles in both the retail and institutional divisions. Im looking forward to working with Dan and the senior management team to help lead the firm into the next growth phase."
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