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AI brief of an SEC Form 8-K · Interactive Brokers (IBKR)

Interactive Brokers names Richard Repetto independent director, effective Jan. 1

Neutral Impact 2 of 5 leadership Written later

Interactive Brokers said its Board appointed Richard Repetto, a former Piper Sandler research analyst, as an independent director effective January 1, 2024. The Board determined he is independent under Nasdaq and SEC rules, and he will receive the same compensation as the company's other non-employee directors.

Key points

  • Board appointment made October 17, 2023; effective date January 1, 2024
  • Repetto retired in June 2023 as Managing Director and Senior Research Analyst at Piper Sandler
  • Over 25 years of experience covering electronic trading and financial technology companies
  • Compensation matches other non-employee directors, as described in the March 8, 2023 proxy statement

The filing

CompanyInteractive Brokers (IBKR)
Form8-K, current report
Filed with the SECJan 2, 2024, 1:30 PM ET
Accession number0001381197-24-000003

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 02, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.