On August 1, 2024, Cindy Lee, currently Deputy Chief Financial Officer, will become CFO of Virtu Financial.

Sean Galvin, currently CFO of Virtu since 2020, will remain with Virtu in a senior capacity and will work with Cindy Lee to ensure a seamless leadership transition. This transition is the result of the company’s long-term succession planning with respect to the CFO role.

A seasoned professional in the financial services sector, Cindy Lee joined Virtu in 2011 where she has held various roles in global finance and most recently as Deputy CFO has overseen global finance and corporate treasury functions.

Cindy Lee spearheaded the automation of financial processes across Virtu’s global offices and helped grow the finance team. Her contributions were integral to the successful completion of Virtu’s IPO in 2015 and the integration of Virtu’s multiple acquisitions including KCG in 2017 and ITG in 2019.

Prior to joining Virtu in 2011, Cindy Lee worked at The Royal Bank of Scotland and was an auditor at Deloitte & Touche. Cindy Lee graduated from the University of Connecticut with a Master’s and Bachelor’s degrees in Accounting.

Douglas A. Cifu, Virtu’s CEO stated:

“Cindy has been with Virtu for 13 years and has become a true leader. She has worked incredibly hard and mastered our finance operations which we are very proud of. Her deep institutional knowledge of Virtu and experience will benefit us in all aspects of financial reporting and finance. Cindy’s dedication to Virtu and her performance sets the standard across our firm.”

Mr. Cifu continued:

“I want to express my gratitude to Sean Galvin both for his 22 years of service to Virtu and KCG. I’m thrilled Sean has agreed to remain with Virtu in a senior capacity and I will continue to work closely with him in the future. Sean’s professionalism and experience will continue to be a great benefit to Virtu.”