E*TRADE Financial Corporation Announces Appointment of Chief Financial Officer Michael A. Pizzi to Chief Operating Officer

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NEW YORK--(BUSINESS WIRE)--E*TRADE Financial Corporation (NASDAQ:ETFC) today announced that Chief Financial Officer Michael A. Pizzi will expand his role to become Chief Operating Officer, assuming oversight of operations while continuing his current responsibilities as CFO. An expert in maximizing operating efficiency, Mr. Pizzi has served the Company in several leadership roles since he joined in 2003. Prior to serving as CFO, he was the Company’s Chief Risk Officer, corporate and bank Treasurer, and held various positions in E*TRADE’s portfolio management and derivatives functions. “Mike has a proven track record of driving operating excellence and efficiency across many parts of our Company, extending well beyond finance. Mr. Pizzi earned a BA in economics from Ursinus College, is a CFA® charterholder, and holds the Financial Risk Manager (FRM) designation.

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