Current Report Filing (8-k)
June 04 2015 - 4:21PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of
report: May 31, 2015
(Date
of earliest event reported)
E*TRADE
Financial Corporation
(Exact
name of Registrant as Specified in its Charter)
Delaware
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1-11921
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94-2844166
|
(State or other jurisdiction of incorporation or
organization)
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(Commission File Number)
|
(I.R.S. Employer Identification Number)
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1271 Avenue of the Americas, 14th Floor, New York, New York
10020
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(Address
of Principal Executive Offices and Zip Code)
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(646) 521-4300
(Registrant’s Telephone Number, including
Area Code)
Check the
appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
⃞
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
⃞
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
⃞
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
⃞
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On May 31, 2015, the Board of Directors (the “Board”) of E*TRADE
Financial Corporation (the “Company”) appointed Brent B. Simonich, age
44, as the Company’s Principal Accounting Officer, effective June 16,
2015. Mr. Simonich is currently the Company’s Controller and will remain
in that position. Mr. Simonich will receive an annual base salary of
$400,000. He will be entitled to receive an annual cash performance
bonus of $300,000 for each of 2015 and 2016 performance and an equity
grant with an initial value of $300,000 for each of 2015 and 2016
performance. In addition, the Board granted Mr. Simonich Restricted
Stock Units (“RSUs”) with an initial value of $500,000 on June 1, 2015,
pursuant to the Company’s standard RSU agreement.
Mr. Simonich has been with the Company since 1999 and has served as the
Controller since January 2011. As Controller, he is responsible for
overseeing the Company’s accounting functions, including corporate tax,
accounting policy and financial reporting. Prior to serving as the
Controller, Mr. Simonich held various leadership positions in finance,
spanning both corporate and brokerage functions, domestically and
internationally. Additionally, he is currently the Chief Financial
Officer the Company’s two broker-dealer entities, E*TRADE Clearing and
E*TRADE Securities, and holds a Certified Public Accountant designation
as well as a Series 27 Financial and Operations Principal license.
SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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E*TRADE FINANCIAL CORPORATION
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Date:
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June 4, 2015
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By:
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/s/ Karl A. Roessner
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Name:
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Karl A. Roessner
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Title:
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Corporate Secretary
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