Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - TD AMERITRADE HOLDING CORP | c66208e8vk.htm |
| EX-99.1 - EX-99.1 - TD AMERITRADE HOLDING CORP | c66208exv99w1.htm |
Exhibit
99.2
TD
AMERITRADE FOUNDER JOE RICKETTS TO RETIRE FROM BOARD TO
CONCENTRATE ON ENTREPRENEURSHIP AND PHILANTHROPY
CONCENTRATE ON ENTREPRENEURSHIP AND PHILANTHROPY
Little
Jackson Hole, WY, September 16, 2011 — Joe Ricketts announced today that he would retire
from the TD Ameritrade board of directors to concentrate fully on entrepreneurship and
philanthropy. Ricketts will step down from the board effective October 20, 2011.
Ricketts, who, with a few partners, founded the company that grew into present day TD Ameritrade,
said, “after more than 35 years working with talented teams to help TD Ameritrade grow into an
exceptional company, the time is right for me to focus on new adventures. The company’s current
management has demonstrated wonderful ability, growing TD Ameritrade into a company that now has
hundreds of billions of dollars in client assets and leads our competitors with hundreds of
thousands of trades per day. This management team is my Dream Team, and not just because they are
taking us to the 2012 London Olympics. I believe the company is well positioned to continue
delivering a world class client experience while building value for shareholders.”
Ricketts, together with his wife and family, remains the largest individual shareholders of TD
Ameritrade. Ricketts’ son, Todd, will be designated to fill the board seat Ricketts had occupied,
joining elder brother Peter as a director.
Ricketts currently operates several early-stage companies, including premium bison distributor
Golden Bison (www.HighPlainsBison.com), online neighborhood news source DNAinfo.com
(www.DNAinfo.com), feature movie company The American Film Company
(www.TheAmericanFilmCompany.com), and premiere fly fishing destination Jackson Fork Lodge
(www.JacksonFork.com).
Ricketts also established and directs the charitable foundation Opportunity Education
(www.OpportunityEducation.org) and its sister charity, Opportunity Education College Fund.
Additionally, he founded Ending Spending
(www.EndingSpending.com), a policy advocacy group focused
on reducing excessive government spending.
###
Contact Information:
press@hugollc.com
Forward Looking Statements Note
This release contains forward-looking statements that involve risks, uncertainties and assumptions
that could cause the actual results or performance of TD Ameritrade to differ materially from these
statements. These statements reflect only Mr. Ricketts’ current expectations and are not guarantees
of future performance or results of TD Ameritrade. These risks, uncertainties and assumptions
include general economic and political conditions, interest rates, market fluctuations and changes
in client trading activity, increased competition, systems failures and capacity constraints,
ability to service debt obligations and the other uncertainties and risk factors described in TD
Ameritrade’s latest Annual Report on Form 10-K, filed with the U.S. Securities and Exchange
Commission on November 19, 2010, and its Quarterly Report on Form 10-Q, filed with the SEC on
August 8, 2011.