Saturday, November 23, 2024

Tastytrade Management Evolves to Drive Next Stage of Growth

IG Group, a leading, global fintech at the forefront of online trading, announced an evolution of management at tastytrade.

“The work Tom, Kristi and others have done to empower retail investors is an impressive accomplishment”

Since tastytrade became part of IG Group in June 2021, the Company’s focus has been on integration which has gone very well, with successful cross pollination and synergies created across the business including tech and marketing. With integration materially complete, co-founder Kristi Ross has decided to move to a strategic advisory role and step back from day-to-day responsibilities at tastytrade and IG, from 1 July 2022.

JJ Kinahan will take an expanded leadership role as Regional CEO for IG, North America, effective 1 July 2022. Currently tastytrade’s Vice President and Chief Market Strategist, Mr. Kinahan has previously worked very closely with tastytrade’s senior team, including Tom Sosnoff, Kristi Ross, and Scott Sheridan. His extensive experience, including holding senior positions at thinkorswim, TD Ameritrade, and at Charles Schwab will be invaluable as IG Group continues to scale and grow tastytrade.

Also Read: Contactless Card Payment: How Fintech is Redefining Transactions With Ease

Co-founder of tastytrade, Tom Sosnoff, will continue to lead tastytrade as CEO and oversee the overall development and scaling of tasty’s business in the US and abroad.

“Kristi is a highly-esteemed entrepreneur whose industry expertise and guidance helped shape tastytrade to become a premier online investing destination for self-directed traders,” said June Felix, Global CEO, IG Group. “JJ’s industry experience and his background with tastytrade’s founders will drive our efforts to take tastytrade’s growth to the next level. We are pleased that the business will continue to benefit from Kristi’s expertise in her capacity as strategic advisor.”

Tom Sosnoff added, “Having worked with JJ before, I’m really excited that he is stepping into this important role.”

“As a co-founder and entrepreneur, I can’t express enough how much I love tastytrade and I continue to be enthusiastic about the combination of IG and tastytrade. Therefore, as I enter this next exciting stage of my career, I remain committed to helping IG Group in an advisory capacity and have more time to focus on a non-financial start up,” said Ms. Ross. “tastytrade was born out of the desire to create an investing ecosystem that combines compelling, informative content with a dynamic brokerage. The entire tastytrade team has devoted over 30 years to help individuals better understand financial markets and become empowered to meet their financial goals. I’m proud of the tremendous achievements we have made to date and I’m excited to see the next chapter of expansion and innovation to come.”

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