Turner leaves Citadel Securities, Zhao becomes CEO
Former Microsoft COO leaves the market-making division after six months
Kevin Turner has stepped down as chief executive of Citadel Securities after six months and Citadel vice-chairman Peng Zhao has taken over the role.
"I am pleased to announce Peng Zhao has been named CEO of Citadel Securities. I want to thank Kevin Turner for his leadership and the lasting impact he made on our firm. Kevin has made important contributions across many areas of Citadel Securities," said Ken Griffin, founder and chief executive of the firm.
Turner said: "I want to thank Ken Griffin
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