Speed-Trading Pioneer Daniel Tierney Resigns From KCG Board
- KCG appoints Debra Chrapaty, Alex Rampell to its board
- Tierney and fellow founder Schuler have sold KCG shares
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One of the founders of high-speed trading pioneer Getco, Daniel Tierney, has resigned from the board of KCG Holdings Inc., the company created when Getco saved a struggling brokerage.
KCG announced Tierney’s departure and the appointment of two new board members, Debra Chrapaty and Alex Rampell, in a release on Friday. The changes take effect immediately, the company said.