Virtu Financial appoints Virginia Gambale as independent director

Maria Nikolova

Ms Gambale, who brings more than 25 years’ experience in senior leadership positions in finance and technology, will serve as an independent member of the Board.

Virtu Financial Inc (NASDAQ:VIRT) has announced the appointment of Virginia Gambale as an independent director, effective immediately. She was recommended as a nominee to the Board by the Board’s Nominating and Corporate Governance Committee.

Ms Gambale has more than 25 years of experience in senior leadership positions in finance and technology, including serving as Chief Information Officer at Merrill Lynch, Bankers Trust and Deutsche Bank, as well as leadership roles in private equity and venture capital firms.

She currently serves as Managing Partner & Founder of Azimuth Partners, LLC, a strategic advisory firm specializing in technology innovation. She has served on numerous international public and private boards including JetBlue, Piper Jaffray, Synchronoss Technologies, Motive, Workbrain and IQ Financial, among others. Ms Gambale holds a B.S. from New York Institute of Technology-Old Westbury.

Ms Gambale will be compensated for her service as non-employee director. In connection with her election to the Board, Virtu has entered into an indemnification agreement with Ms Gambale. The indemnification agreement provides, in general, that the company will indemnify Ms Gambale to the fullest extent permitted by law in connection with her service to the company or on the company’s behalf.

Following the appointment of Ms Gambale, the Board of Virtu consists of twelve directors. The company says it may add one or more new directors as business needs and opportunities arise.

Read this next

Digital Assets

SEC seeks $5.3 billion fine for Terraform and co-founder Do Kwon

Federal regulators are pursuing a fine of $5.3 billion against Terraform Labs and its co-founder Do Kwon for defrauding investors, following a recent verdict that found them liable for a multi-billion-dollar fraud.

Digital Assets

El Salvador’s Bitcoin wallet hacked by CiberInteligenciaSV

El Salvador’s official Bitcoin wallet, Chivo, has faced another security setback as the hacker group CiberInteligenciaSV released parts of the wallet’s source code on the black hat hacking forum BreachForums.


BlockDAG’s $19.8M Presale & Moon Keynote Teaser Place It Above KANG, SOL, & ARB as the Top Crypto Investment in 2024

Uncover the success behind BlockDAG’s $19.8M presale and learn what’s making it a more compelling investment than KangaMoon, Solana, and Arbitrum.


Revolut to share user interactions data with ad agencies

Fintech giant Revolut is exploring new revenue streams by planning to share customer data with advertising partners.


Zircuit Staking Soars Past $2B TVL In Only 2 Months

Zircuit, a ZK rollup with parallelized circuits and AI-enabled security, today announced that its staking program has soared past $2B in TVL in only 2 months. 

Retail FX

PrimeXBT joins Financial Commission’s membership roster

The Financial Commission, an independent external dispute resolution (EDR) body, today announced the addition of cryptocurrency trading firm PrimeXBT as its latest member effective March 6, 2024.

Digital Assets

Ripple wants to reduce SEC’s $2 billion penalty to $10 million

Ripple Labs has responded to the U.S. Securities and Exchange Commission’s (SEC) recent demand for $2 billion in penalties, arguing that the amount should be substantially reduced to $10 million. The legal stance was disclosed in a court document filed late Monday.


Analysts Go Bullish On BlockDAG After Its Surge to $0.005 And Unique Developer Platform That Goes Beyond Ethereum & BONK

Discover how BlockDAG’s unique low-code and no-code platforms offer more adaptability than Ethereum’s bull run and BONK’s fluctuating prices.

Tech and Fundamental, Technical Analysis

WTI crude oil Technical Analysis Report 23 April, 2024

WTI crude oil can be expected to rise further toward the next major resistance level 86.00, which has been reversing the price from October.