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Abstract:Jill Bright has been named an independent director of Interactive Brokers (Nasdaq: IBKR), an electronic trading platform in the United States. She will serve on the board of the company.
She earned her MBA from the Stern School of Business at New York University.
Bright is now an independent director of the company.
Jill Bright has been named an independent director of Interactive Brokers (Nasdaq: IBKR), an electronic trading platform in the United States. She will serve on the board of the company.
Bright earned an MBA from New York University's Stern School of Business. She was also chosen to serve on the Quadrennial Advisory Commission, which looks at and makes recommendations about salaries for elected New York City officials under Mayor Bill de Blasio.
Bright has more than 30 years of experience as a top human resources professional. He was Sotheby's Executive Vice President of Human Resources and Administration, LionTree LLC's and Condé Nast's Chief Administrative Officer, and American Express's Human Resources Manager for over five years. She is a board member and head of the compensation committee for Simulmedia, which is based in New York, and Service Express, which is based in Grand Rapids, Michigan. She also sits on the WOW Internet & Cable board.
“We are delighted to welcome Jill to the Board of Directors, and we are certain that her successful career in human resource management and organizational performance will help us greatly.” “Ms. Bright's nomination brings essential knowledge to the board and underlines our commitment to increasing diversity throughout the firm,” said Thomas Peterffy, Founder and Chairman of Interactive Brokers.
Interactive Brokers just revealed its financial results for the first quarter of 2021, which showed a dramatic drop in sales and profitability. The broker generated $645 million in net revenue between January and March, a nearly 28 percent decrease from the previous year. This sum was $692 million on an adjusted basis, down from $796 million the previous year.
Furthermore, the broker said that its commission-based income fell 15% to $349 million. This drop was caused by an “unusually busy trading season” last year, but it was also helped by more options and futures trading by clients.
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