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Interdealer broker BGC Partners has announced that its chief financial officer (CFO) Graham Sadler will be retiring. Sadler will stay on at BGC until a replacement has been found, officials say.
“Graham has been with us for more than six years and represents a key part of our senior management team. His financial acumen, industry expertise, and dedication to BGC have made him a tremendous asset,” says Howard W. Lutnick, BGC’s chairman and CEO, in a prepared statement. “We wish Graham success in the next chapter of his life. We thank him for staying on to ensure a smooth transition period until we find a successor of his caliber.”
Sadler has been at BGC since 2008 and originally served as CFO for Europe and Asia, officials say. He was promoted to global CFO in 2009. BGC says it will begin looking for a replacement immediately.
“I’ve greatly enjoyed my time at BGC, an outstanding company which has enjoyed significant growth over the years,” says Sadler, in a statement. “I am excited to enter a new phase of my life and potentially explore board opportunities. I will miss my friends and colleagues and I wish everyone at BGC all the best.”
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