OMAHA, Neb.--(BUSINESS WIRE)--TD Ameritrade Holding Corporation (NASDAQ: AMTD) today named Marvin (“Marv”) W. Adams as the Company’s new chief operating officer. He will join the Company in April and will lead all IT and operations functions, including systems development, data centers and infrastructure, networks, project management and process improvement, and brokerage clearing and operations.
Adams comes with more than 30 years of operational and technology experience, much of which he served in the financial services industry. He most recently served as the executive vice president of shared services for TIAA-CREF, where he oversaw technology and led IT strategy and policy. His teams provided the service and technology for the company’s products, clients and corporate functions, and were also responsible for initiatives focused on quality client service.
“Marv Adams has an outstanding track record of building great teams and helping businesses succeed through technology,” said Fred Tomczyk, president and chief executive officer at TD Ameritrade. “He is highly respected in the technology field, and we are confident that his deep expertise will help us leverage technology in everything we do. He is a great operational and cultural fit for our organization, and we couldn’t be more pleased to have him join our team.”
Prior to joining TIAA-CREF, Adams served in a financial leadership capacity with several other notable organizations, including Fidelity Investments, Citigroup, Bank One Corporation, Ford Motor Company and Xerox. He holds a Bachelor of Science Degree in Electrical Engineering from Michigan State University.
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About TD Ameritrade Holding Corporation
TD Ameritrade Holding Corporation (NASDAQ: AMTD), through its brokerage1 and education2 subsidiaries, combines innovative trading technology, easy-to-use-and-understand trading tools, investment services, investor education and superior client service to create a market-leading financial services experience. Home to Kiplinger’s #1 online broker,3 the powerful thinkorswim trading technology and the respected Investools investor education program, TD Ameritrade provides millions of retail investors, traders and independent registered investment advisors with the tools, service and support they need to help build confidence in today’s rapidly changing market environment. For more information and resources for journalists, please visit the TD Ameritrade newsroom at www.amtd.com.
1 TD Ameritrade, Inc., member FINRA (www.FINRA.org) /SIPC (www.SIPC.org) /NFA (www.nfa.futures.org), and TD Ameritrade Clearing, Inc., member FINRA/SIPC.
2 Investools, Inc. is an education subsidiary of TD Ameritrade Holding Corporation. Investools does not provide financial advice and is not in the business of transacting trades. Investools, Inc. and TD Ameritrade, Inc. are separate but affiliated companies that are not responsible for each other’s services or policies.
3TD Ameritrade was ranked #1 and received an overall score of 5 stars (tied for first place with one other broker), in the Kiplinger’s Online Broker Ratings, Kiplinger’s Personal Finance, 02/2011. Fourteen brokers were rated in the categories: Costs, Web site usability, Investment choices, Customer service, and Research and tools.