E*TRADE Financial Corporation announced that Chief Financial Officer Matthew J. Audette advised the company of his decision to leave to accept a role with another company. After 16 years of service, Mr. Audette will leave the company at the end of July. Current Chief Risk Officer and E*TRADE veteran Michael A. Pizzi will assume the Chief Financial Officer role, effective June 16, 2015.

Paul W. Brandow, former Chief Risk Officer and current Senior Advisor to the Company, will assume the role of Acting Chief Risk Officer to assure a smooth transition as the Company conducts a search for a permanent replacement.