In connection with the approval of and entry into the Merger Agreement Tim Hockey stepped down as the President and Chief Executive Officer of TD Ameritrade Holding Corporation and as a member of the Board of Directors of the Company, and Stephen J. Boyle, previously the Chief Financial Officer of the Company, was appointed as the Interim President and Chief Executive Officer of the Company and a member of the Board of Directors to serve during his term in office. As previously disclosed, Mr. Hockey will serve as a senior advisor to the Company and will act as special advisor to Mr. Boyle through February 29, 2020. In addition, Jon Peterson, formerly Managing Director of Analysis, Planning and Reporting, was appointed as the Interim Chief Financial Officer of the Company.

Stephen J. Boyle, age 58, joined the Company in July 2015 as executive vice president of finance and became Chief Financial Officer in October 2015. In his role as Chief Financial Officer, he was responsible for the Company's investor relations and finance operations functions, including accounting, business planning and forecasting, external and internal reporting, procurement, tax, treasury and asset/liability management. Jon Peterson, 46, served as the Company's Managing Director of Analysis, Planning and Reporting from 2016 to 2019 and as its director of analysis, planning and reporting for the Company's retail and institutional business from 2005 to 2016.

Prior to that, Mr. Peterson served in several other roles at the Company including as a senior analyst and manager in finance from 2001 to 2005 and as a broker and in several other leadership positions from 1996 to 2001.