Darren Cox was recently hired as the new Director of Margin, overseeing Scottrade's Margin, Cashiering, Electronic Funds Transfers, Check Writing and IRA departments. Formerly with A.G. Edwards, Cox is a graduate of Washington University in St. Louis.

The following Operations managers were recently promoted to director:

• Sue Hutter was promoted from Mutual Funds Operations Manager to Director of Mutual Funds and Account Management. Hutter is responsible for the Mutual Funds, New Accounts, Dividends and Tax Reporting departments. She has more than 20 years of experience in the brokerage industry and has been with Scottrade for two years.
• As Director of Strategy and Control, Debbie Martensen is now responsible for several areas within Operations, including the Security Master and Business Analyst departments. Martensen was previously the Operations Policy Manager and has been a Scottrade employee for more than 10 years. She has a Bachelor of Science in Finance and a Master in Business Administration from St. Louis University.
• Previously Scottrade's Options Manager, Phyllis O'Rourke was promoted to Scottrade's Director of Settlement where she will oversee security transactions, fixed income and options. O'Rourke has been with Scottrade for more than 11 years and previously served as manager of Stock Records, Purchase & Sales and Reconciliation.
• As Director of Asset Transfers, Todd Stanton oversees account transfers and stock options, receipts and transfers, as well as the Image Processing, Workflow, Supplies and Mailroom departments. Stanton has over 10 years of customer service experience in the brokerage business and has been with Scottrade for eight years.

"These directors are all firmly committed to Scottrade's mission of customer service and value for our clients," said Catherine Maher, Scottrade's Executive Director of Operations. "I am thrilled to have these directors on my team."