Board of Directors

  • Minder Cheng

    Chairman of the Board, Independent Board Member, Compensation Committee Member, Nominating and Corporate Governance Committee Chairman

    Minder Cheng has been chairman since January 2016 and a director since November 2010. In October 2014, Mr. Cheng co-founded, and is a Managing Member of ThirdStream Partners, LLC, a private investment company. From December 2009 until July 2010, Mr. Cheng served as Chief Investment Officer for Index Equity and Capital Markets at BlackRock. Mr. Cheng joined BlackRock via its 2009 merger with Barclays Global Investors (BGI), where he worked in a variety of capacities for the prior 10 years, most recently as CIO of BGI’s Equity and Capital Markets division. Prior to BGI, Mr. Cheng held research, strategy and proprietary trading roles in Tokyo, London and New York. Mr. Cheng currently serves as Chairman of the board of directors at MediaCrossing Inc. and is a Senior Advisor at Executive Networks.

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  • Brian G. Cartwright

    Independent Board Member, Audit Committee Member, Nominating and Corporate Governance Committee Member, Technology Committee Member

    Brian Cartwright has been a director since January 2016. He is also a senior advisor to Patomak Global Partners LLC, a regulatory consulting firm, and serves on the board of HCP, Inc. From 2009 to 2011, Mr. Cartwright was senior advisor at the law firm of Latham & Watkins LLP. From 2006 to 2009, he served as General Counsel of the Securities and Exchange Commission. Prior to the SEC, Mr. Cartwright served in various senior management positions at Latham & Watkins. From 1981 through 1982, Mr. Cartwright served as a law clerk to Associate Justice Sandra Day O’Connor on the U.S. Supreme Court. Before practicing law, Mr. Cartwright was a research physicist at the University of California.

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  • Timothy L. Jones

    Independent Board Member, Audit Committee Member, Technology Committee Chairman

    Timothy Jones has been a director since March 2005. Mr. Jones is the co-inventor of Tibado Digital Cash and, from April 2014 until March 2017, he served as Chief Executive Officer and a member of the board of directors of Tibado Limited. From July 2010 to September 2015, Mr. Jones was Chief Executive Officer of the National Employment Savings Trust Corporation (NEST), a public body of the Department for Work and Pensions within the United Kingdom government. From 2007 to July 2010, Mr. Jones served as CEO of the Personal Accounts Delivery Authority (PADA), a predecessor organization to NEST. Prior to PADA, Mr. Jones served as CEO of Simpay Limited and was co-founder and CEO of Purseus. Prior to Purseus, Mr. Jones spent 17 years at National Westminster Bank PLC, becoming a Managing Director in 1996 and Chief Executive of the Retail Banking Division in 1999.

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  • R. Jarrett Lilien

    Independent Board Member, Compensation Committee Member, Capital Committee Chairman

    R. Jarrett Lilien has been a director since April 2015. He has served as Executive Vice President and Head of Emerging Technologies of WisdomTree Investments, Inc. since November 2017. He also served on the board of directors of WisdomTree through December 2017. Mr. Lilien served as Interim President and Chief Executive Officer of ITG from August 2015 until January 2016. Mr. Lilien is the managing partner of Bendigo Partners, LLC, a venture capital investment firm which he founded in 2008. He also served as the Chief Executive Officer of Kapitall Inc. from September 2012 to July 2014. From 2003 to 2008, Mr. Lilien served as the President and Chief Operating Officer of E*TRADE Financial Corporation. Previously, Mr. Lilien was President and Chief Brokerage Officer at E*TRADE Securities, Inc. Prior to joining E*TRADE, Mr. Lilien spent 10 years as Chief Executive Officer at institutional brokerage TIR (Holdings) Limited, which E*TRADE acquired in 1999.

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  • Kevin J. Lynch

    Independent Board Member, Audit Committee Member, Capital Committee Member

    Kevin Lynch has been a director since March 2016. From 2001 through 2010, Mr. Lynch worked at JANA Partners LLC, a value-oriented investment advisor specializing in event-driven investing, where he was a partner and portfolio manager. From 1999 to 2001, he was an analyst at Sagaponack Partners. From 1995 through 1997, Mr. Lynch was an associate at Cornerstone Equity Investors, a private equity firm. Prior to joining Cornerstone he worked in various areas at Prudential Investments, where he started his career in 1990.

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