E*Trade Names Druskin Interim CEO to Replace Layton
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E*Trade Financial Corp. named Robert Druskin as chairman and interim chief executive officer after failing to find a permanent replacement for Donald Layton, who helped save the online brokerage from collapse.
Druskin, 62, is a director at New York-based E*Trade and was Charles O. “Chuck” Prince’s top deputy at Citigroup Inc. in 2007. Druskin isn’t being considered as permanent CEO, E*Trade said in a statement today. Layton, whose employment contract expires on Dec. 31, will serve as an adviser to the company after retiring and resigning from the board.