IG’s US operation announces Isaac Poore as CFO and Jordan von Kluck as CTO
“I was a little nervous about appointing someone with the last name ‘Poore’ to a CFO role, but his experience and qualifications settled any doubts I might have had.”
IG US Holdings, Inc. (IG North America), the parent company of various entities including tastylive, Inc., tastytrade, Inc., tastycrypto, and IG US, has recently announced significant leadership changes.
Isaac Poore has been appointed as the new Chief Financial Officer (CFO), effectively replacing Matt Hellmuth, who is moving on to pursue other opportunities. Prior to this appointment, Poore held the position of Financial Controller for IG North America.
In another major leadership shift, Jordan von Kluck has been promoted to the role of Regional Chief Technology Officer (CTO) for North America. This promotion is set to take effect at the end of the calendar year 2023, following the retirement of the current Regional CTO, Linwood Ma. Von Kluck’s previous role was as Chief Technology Officer for the tastytrade brokerage. In his new position, von Kluck will be responsible for overseeing and directing all technology activities for tastytrade, tastylive, tastycrypto, and IG US. Additionally, Chris Ingebrigtsen, currently serving as Vice President of Engineering, is set to step into the role of CTO for tastytrade.
‘Poore’ in name only
JJ Kinahan, CEO of IG North America and President of tastytrade, said: “I’m delighted to announce these leadership appointments. At IG North America, we aim to foster and promote talent from within that can help us continue to deliver innovation in and customer satisfaction with our platforms. I was a little nervous about appointing someone with the last name ‘Poore’ to a CFO role, but his experience and qualifications settled any doubts I might have had.”
These changes come after a year of notable growth for IG North America, which included the rebranding of the tastylive network and the tastytrade brokerage.
The company also launched tastytrade’s first major marketing campaign titled “Join the Club, Genius”, introduced new features and versions of its web, desktop, and mobile platforms, released a new tastytrade API, debuted the Bad Trader app, and repurchased the Small Exchange through one of its affiliates.
Furthermore, IG Group, the parent company of IG North America, has recently revealed plans to reduce its global workforce by approximately 10%, affecting around 300 employees by the end of the fiscal year 2023.
This move is part of a broader strategy that includes the expansion of its operations in the United States, as evidenced by its recent acquisition of tastyworks in 2021 and subsequent membership in the Futures Industry Association (FIA), a global trade body.