---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-260780"
form_type: "8-K"
ticker: "TW"
cik: "0001758730"
company_name: "Tradeweb Markets Inc."
filed_at: "2021-08-30T23:59:59+00:00"
generated_at: "2026-06-29T07:05:17.293577+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tradeweb appoints Sara Furber as CFO, succeeds Robert Warshaw; reiterates FY2021 guidance

## Summary
- Sara Furber appointed CFO effective Sept 7, 2021, from IEX Group; base salary $500k, cash bonus $700k, equity $2.3M for 2021.
- Special equity grants to replace forfeited IEX compensation: $4.6M total, vesting from Mar 2022 to Mar 2025.
- Outgoing CFO Robert Warshaw transitions out after leading 2019 IPO.
- FY2021 guidance reiterated: adjusted expenses $565-$580M, capex $49-$53M, non-GAAP tax rate 22%.
- Furber previously Morgan Stanley MD, Bank of America Merrill Lynch COO; began career in investment banking in 1997.

## SEC filing metadata
- accession: 0001193125-21-260780
- form_type: 8-K
- ticker: TW
- cik: 0001758730
- company_name: Tradeweb Markets Inc.
- filed_at: 2021-08-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758730/000119312521260780/0001193125-21-260780-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758730/000119312521260780/d207710d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-260780
- JSON: https://secwatch.observer/filing/0001193125-21-260780.json
- Plain text: https://secwatch.observer/filing/0001193125-21-260780.txt

## Key facts
- Executive change
  Sara Furber was appointed as Chief Financial Officer at Tradeweb Markets Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On August 30, 2021, the Board of Directors of Tradeweb Markets Inc. (the “Company”) appointed Sara Furber, age 46, to serve as Chief Financial Officer of the Company, effective September 7, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758730/000119312521260780/0001193125-21-260780-index.htm
- Executive change
  Robert Warshaw departed as Chief Financial Officer at Tradeweb Markets Inc..
  - Action: departed
  - Role: Chief Financial Officer
  source text: Departure of Robert Warshaw as Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758730/000119312521260780/0001193125-21-260780-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.