Virtu Financial CEO Doug Cifu retires, CTO Aaron Simons appointed CEO effective Aug 1, 2025

Virtu Financial, Inc.

Doug Cifu will retire as CEO and Board member on Aug 1, 2025, and serve as consultant through Dec 31, 2025.
Aaron Simons, CTO since 2019, appointed CEO and elected to the Board, effective Aug 1, 2025.
Simons joined Virtu in 2008, has 16+ years in technology and trading; PhD in Physics from Harvard.
Cifu receives severance including base salary through Feb 2028, 150,000 shares, and $5M consulting fee.
Simons' compensation: $600K base salary, target bonus $2M, annual equity grant of 75,000 RSUs with performance vesting.

item 5.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.