---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-053561"
form_type: "8-K"
ticker: "LPLA"
cik: "0001397911"
company_name: "LPL Financial Holdings Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:28:24.409688+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# LPL Financial Chief Product Officer Kabir Sethi to depart March 31, 2024

## Summary
- Kabir Sethi, Managing Director and Chief Product Officer of LPL Financial LLC, will leave the company effective March 31, 2024.
- Departure results from an organizational realignment of certain business functions.
- Sethi was a named executive officer in the company's most recent SEC filing requiring executive compensation disclosure.
- No replacement or succession plan for the Chief Product Officer role was announced.

## SEC filing metadata
- accession: 0001193125-24-053561
- form_type: 8-K
- ticker: LPLA
- cik: 0001397911
- company_name: LPL Financial Holdings Inc.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397911/000119312524053561/0001193125-24-053561-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397911/000119312524053561/d794799d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-053561
- JSON: https://secwatch.observer/filing/0001193125-24-053561.json
- Plain text: https://secwatch.observer/filing/0001193125-24-053561.txt

## Key facts
- Executive change
  Kabir Sethi departed as Chief Product Officer at LPL Financial Holdings Inc..
  - Action: depart
  - Role: Chief Product Officer
  source text: Kabir Sethi will depart the Company effective March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397911/000119312524053561/0001193125-24-053561-index.htm

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