E-Trade Group Inc. has hired Frank J. Petrilli, president of Toronto-Dominion Bank's U.S. discount brokerage operation.

Mr. Petrilli, 48, was appointed president of E-Trade Securities Inc. and will be responsible for retail brokerage, asset management, and the broker's clearing businesses, a spokesman said Monday. He is expected to join E-Trade within several weeks and will succeed Kathy Levinson, who has been promoted president and chief operating officer of E-Trade Group, the parent company.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.