financetom
Business
financetom
/
Business
/
Two Sigma's co-founders to step down as co-CEOs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Two Sigma's co-founders to step down as co-CEOs
Aug 29, 2024 9:28 AM

NEW YORK, Aug 28 (Reuters) - U.S.-based hedge fund Two

Sigma's co-founders John Overdeck and David Siegel will step

down as co-Chief Executive Officers of the hedge fund, according

to a statement on Wednesday.

Two Sigma said its chief business officer Carter Lyons and

former Lazard's general counsel Scott Hoffman will

replace the founders as co-CEOs.

Both Overdeck and Siegel will continue as co-chairmen.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
GSK and Pfizer's RSV vaccines to carry warnings of neurological disorder risk
GSK and Pfizer's RSV vaccines to carry warnings of neurological disorder risk
Jan 7, 2025
Jan 7 (Reuters) - GSK and Pfizer's ( PFE ) respiratory syncytial virus (RSV) vaccines will carry warnings that they can increase the risk of developing a rare neurological disorder, the U.S. Food Drug Administration said on Tuesday. The regulator conducted a postmarketing trial which suggested increased risk of Guillain-Barré syndrome (GBS) 42 days following vaccination. However, the available evidence...
Former CEO of Moviepass' parent company pleads guilty to securities fraud, conspiracy
Former CEO of Moviepass' parent company pleads guilty to securities fraud, conspiracy
Jan 7, 2025
Jan 7 (Reuters) - The former head of movie ticket-subscription service Moviepass' parent company has pleaded guilty to charges of securities fraud and conspiracy, the U.S. Justice Department said on Tuesday. Theodore Farnsworth engaged in schemes to defraud investors in Helios & Matheson Analytics Inc, a publicly traded company that was the parent of MoviePass Inc (MoviePass), and Vinco Ventures...
Flutter cuts US guidance as NFL gamblers ride winning streak
Flutter cuts US guidance as NFL gamblers ride winning streak
Jan 7, 2025
DUBLIN (Reuters) - Flutter, the world's largest online betting company, said on Tuesday it expects 2024 earnings at its fast-growing U.S. FanDuel brand to be sharply lower after American football gamblers enjoyed an unprecedented winning streak. Bookmakers generally suffer when favourites win, and Flutter said the NFL season to date has been the most customer-friendly since the lifting of a...
CES-Honda executive cautious about new EV production ahead of Trump presidency
CES-Honda executive cautious about new EV production ahead of Trump presidency
Jan 7, 2025
Jan 7 (Reuters) - Honda Motor ( HMC ) will be cautious about starting production of new electric vehicles due to uncertainty about President-elect Donald Trump's industrial policy, a senior executive of the Japanese automaker said on Tuesday. Honda Representative Executive Officer Noriya Kaihara said at the CES technology conference in Las Vegas that the company would also be cautious...
Copyright 2023-2026 - www.financetom.com All Rights Reserved