Greg Framke, formerly executive vice president of E*Trade Financial Corp., has been promoted to E*Trade's CIO. The appointment comes following the retirement of CTO Joshua Levine, who plans to remain with E*Trade as a strategic consultant. In his new role, Framke will head the management and strategy of global technology at E*Trade.
"I think that it's something that the company takes pretty seriously, ... developing people who can then assume a position of leadership when we have people leave," Framke says of his promotion. "I think that's less disruptive to the organization."
Before joining E*Trade in 2000, Framke was director and COO for global equities technology at Deutsche Bank in London. He also has held positions at Morgan Stanley and IBM.
Among his primary goals as CIO, Framke says, are "to continue to be a technology innovator and a customer champion. ... We want to continue to make customers feel very secure doing business with E*Trade."
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