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29 August 2013
New York
Reporter Georgina Lavers

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ConvergEx Group promotes Ardell

In a recent spate of hires, ConvergEx Group announced that it has named Gary Ardell chief information officer. With this appointment, Ardell joins the company’s executive committee.

He continues to serve in his previous positions as head of business strategy development and head of the financial engineering and advanced trading solutions unit.

As chief information officer, Ardell is responsible for the technical infrastructure, software development and business processes of ConvergEx Group and for directing company resources in support of accelerating new product development and innovation.

“[Ardell] has a highly impressive track record leading large?scale technology teams and developing award?winning products,” said Joseph Velli, chairman and chief executive officer of ConvergEx Group.

“His proven abilities and sound judgment make him the right person for this job as we continue to grow our company.”

Prior to joining ConvergEx Group in 2006, Ardell served as the head of financial engineering at Fidelity Capital Markets. This group developed Fidelity’s algorithmic trading products as well as operating one of the largest automated equity market making operations in the US.

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