Knight Trading Group Directors Elect Thomas C. Lockburner to Board
26 Fevereiro 2004 - 10:00AM
PR Newswire (US)
Knight Trading Group Directors Elect Thomas C. Lockburner to Board
JERSEY CITY, N.J., Feb. 26 /PRNewswire-FirstCall/ -- Knight Trading
Group, Inc. today announced that its Board of Directors unanimously
elected accounting industry veteran Thomas C.Lockburner to the
Board. Mr. Lockburner, 64, spent more than 40 years at Deloitte
& Touche LLP, where he specialized in the Financial Services
and Securities Industries. He joined the firm in 1961 and was a
partner from 1975 until he retired in June 2002. "Tom has a vast
understanding not only of accounting, but of how these practices
are applied within the context and with the particular complexities
of the securities industry," said Thomas M. Joyce, Chief Executive
Officer and President of Knight Trading Group. "He has applied his
knowledge throughout the financial services community over his many
years at Deloitte & Touche and through his professional
affiliations, and we are honored he will now be providing that
expertise to Knight as our newest Director." Charles V. Doherty,
non-executive Chairman of the Board, said, "Tom's appointment to
Director affords Knight direct access to the wealth of industry
experience and financial acumen he has gained over his
distinguished career. The Boardof Knight Trading Group welcomes him
heartily." Biography Thomas C. Lockburner Director, Knight Trading
Group, Inc. Thomas C. Lockburner, 64, spent more than 40 years with
Deloitte & Touche LLP, specializing in the Financial Services
and Securities Industries. He joined the firm in 1961, was named
partner in 1975, and retired in June 2002. Over his tenure at
Deloitte & Touche, Tom was the National Industry Director for
the Securities Industry with responsibility for all of the firm's
services to its securities industry clients, including client
acceptance and retention, as well as for quality control of audits
and financial reporting. His clients included Cantor Fitzgerald,
Fidelity Brokerage Services, First Boston, Lazard and Merrill Lynch
& Co. Tom is an active member of the Securities Industry
Association and is a member of SIA's Financial Management and
Securities Operations division. He also is a past member of the
Executive Committees of both the Financial Management and Internal
Audit divisions of the SIA. Tom is a member of the American
Institute of Certified Public Accountants and served as Chairman of
the Stockbrokerage and Investment Banking Committee and as a member
of the Commodities Futures Trading Committee. He also is a member
of NASD's Financial Responsibility Committee and has served as a
NASD Arbitrator. Tom received a B.A. in Accounting from Franklin
& Marshall College and today serves on the institution's
Development Council. Knight is focused on meeting the needs of
institutional and broker-dealer clients by providing comprehensive
trade execution services in cash equities and options. A leading
execution specialist, Knight offers capital commitment and access
to a deep pool of liquidity across the depth and breadth of the
market as it strives to provide superior client service. Knight
also maintains a $1.6 billion asset management business for
institutions and high net worth individuals. More information about
Knight can be obtained at http://www.knighttradinggroup.com/.
Certain statements contained herein constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements are based on
current expectations, estimates and projections about the Company's
industry, management's beliefs and certain assumptions made by
management. Readers are cautioned that any such forward-looking
statements are not guarantees of future performance and are subject
to certain risks,uncertainties and assumptions that are difficult
to predict. Since such statements involve risks and uncertainties,
the actual results and performance of the Company may turn out to
be materially different from the results expressed or implied by
suchforward-looking statements. Given these uncertainties, readers
are cautioned not to place undue reliance on such forward-looking
statements. Unless otherwise required by law, the Company also
disclaims any obligation to update its view of any such risks or
uncertainties or to announce publicly the result of any revisions
to the forward-looking statements made herein; however, readers
should carefully review reports or documents the Company files from
time to time with the Securities and Exchange Commission.
DATASOURCE: Knight Trading Group, Inc. CONTACT: Margaret Wyrwas,
Senior Managing Director, Corporate Communications & Investor
Relations, +1-201-557-6954, , or Kara Fitzsimmons, Vice President,
Corporate Communications, +1-201-356-1523, , or Judy Pirro, Vice
President, Investor & Shareholder Relations, +1-201-356-1548, ,
or Catherine Smith, Assistant Vice President, Marketing
Communications & Public Relations, +1-201-557-6992, , all of
Knight Trading Group, Inc. Web site:
http://www.knighttradinggroup.com/
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