ITG adds Steven Wood to board of directors

Source: Investment Technology Group

Investment Technology Group (NYSE: ITG), a leading agency broker and financial technology firm, today announced that Steven S. Wood has been appointed to its Board of Directors.

Mr. Wood is currently the Global Head of Trading at Schroders Investment Management, the London-based asset management firm with over $222 billion in assets under management. He will be retiring from Schroders next month. Prior to joining Schroders in 2002, Mr. Wood spent 28 years at J.P. Morgan in a variety of roles, including head of European and Asian trading in the asset management division. Mr. Wood also serves as Chairman of the Investment Managers Association Trading Committee.

"We are very excited to have Steve join ITG's Board of Directors," said Bob Gasser, ITG's CEO and President. "As an experienced head trader and a key client of the firm for many years, Steve is uniquely positioned to offer insight and expertise to ITG's Board. We look forward to working with Steve as we drive future growth and maximize shareholder value."

"Through my longstanding relationship with ITG, I am convinced that it is truly the leader in global agency brokerage. ITG's people and platform are a major asset to the buy-side. I look forward to working with ITG's management and Board of Directors as we strive to become an indispensable partner to the world's leading investment managers," said Mr. Wood.

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