Board of Directors

Douglas Cifu, Chief Executive Officer

Douglas Cifu is the Chief Executive Officer of Virtu Financial and was a co-founder of Virtu in 2008. Previously, he was a partner at the international law firm Paul, Weiss, Rifkind, Wharton & Garrison. At Paul Weiss, Mr. Cifu served as a member of the Management Committee, Deputy Chair of the Corporate Department and co-head of the Private Equity Group.

He is recognized in Chambers USA and Legal 500 as a leading mergers and acquisitions lawyer for buyouts and private equity transactions. In 2006, Private Equity International listed him among the 30 most influential lawyers currently working in global private equity, citing his expertise in technology-driven sectors. He has been recognized by Crain’s New York Business in its “Technology 100,” a listing of the top 100 people working in technology in the New York area.

He serves on the board of directors of the U.S. Chamber of Commerce and the board of visitors of Columbia College at Columbia University.

Mr. Cifu earned his J.D. at Columbia Law School in 1990 and his B.A. magna cum laude from Columbia University in 1987.

William F. Cruger Jr., Director

William F. Cruger, Jr. became a member of the board of directors of Virtu Financial, Inc. in 2014. He was most recently Vice Chairman of Investment Banking at J.P. Morgan and Co. where he was responsible for key client relationships on a global basis. Previously Mr. Cruger held a number of senior positions at J.P. Morgan, including Managing Director in the Financial Institutions group from 1996 to 2011. During this time he also oversaw the rationalization of the firm's private equity investments in trading platforms and related ventures at Lab Morgan from 2000-2001. Prior to this, Mr. Cruger ran the firm's investment banking practices in Japan from 1991-1996, Latin America from 1989-1991 and Emerging Asia from 1984-1988. Mr. Cruger currently serves on the board of MarketAxess Holdings Inc. and has previously served on the boards of Archipelago Holdings, Inc., CreditTrade, Inc. and Capital IQ, Inc. He has an M.B.A. from Columbia University and a B.A. from Clark University. Mr. Cruger's extensive experience in financial markets and financial leadership adds significant value to the board of directors.

John D. Nixon, Director

John D. Nixon became a member of the board of directors of Virtu Financial, Inc. in May of 2015. Prior to joining the Virtu Board of Directors, John Nixon was the Group Executive Director of ICAP Plc, and has more than 35 years’ of international experience in the interdealer broking industry. He served as a non-executive director of ICAP from 1998 to 2002 and was appointed an executive director in May 2008. John was a member of the ICAP Global Executive Committee from 2003 through to March 2015 with responsibility for a number of business divisions as well as corporate strategy, client and investor relations and strategic acquisitions. Mr. Nixon’s is recognized as leader in the financial services industry with extensive experience in building businesses, corporate strategy and market structure which adds significant value to the board of directors.

Christopher C. Quick, Director

Christopher C. Quick became a member of the board of directors of Virtu Financial, Inc. in April 2016. Mr. Quick has more than 30 years of experience in the securities and financial services industries. He is the former CEO of Banc of America Specialist, Inc., a wholly-owned subsidiary of Bank of America Corporation and member firm of the NYSE. He is also a past Vice Chairman of Global Wealth and Investment Management with Bank of America. From 1982 to 2004, he served as Chairman and Chief Executive Officer of Q&R Specialist, JJC Specialist and Fleet Specialists where he remained following the firm's acquisition by Bank of America Corporation. He is a member of the Board of Directors of The Alfred E. Smith Memorial Foundation Inc. and on the Board of Trustees for Catholic Relief Services, Fairfield University and Mutual of America. He is also a former member of the NYSE Board of Directors and the board of directors of KCG and the Board of Trustees for the Boys Club of New York. Mr. Quick received a B.S. in Finance from Fairfield University in 1979. Mr. Quick’s deep industry experience and strategic insight add significant value to the board of directors.

John F. Sandner, Director

John F. (Jack) Sandner became a member of the board of directors of Virtu Financial, Inc. in 2011 and has been a member of Virtu Financial's board of directors since November 2011. Mr. Sandner has served as a member of the board of directors of CME Group Inc. since 1978 and a member of CME for more than 30 years. He also served as Special Policy Advisor from 1998 to 2005. Previously, he served as Chairman of the board of CME Group Inc. for 13 years. Mr. Sandner has served as Chairman of E*Trade Futures, LLC since 2003. Mr. Sandner previously served as President and CEO of RB&H Financial Services, L.P., a futures commission merchant and clearing firm, from 1985 to 2003. RB&H Financial Services, L.P. is now a division of MF Global. Mr. Sandner serves as a consultant to RB&H Financial Services, L.P. Mr. Sandner currently serves on the board of the NFA and serves as one of our board representatives on the Dubai Mercantile Exchange. Mr. Sandner currently serves on the board of CME Group Inc. and Echo Global Logistics, Inc. and previously served on the board of Click Commerce Inc. Mr. Sandner's extensive business experience in the electronic market making business and his previous service on the boards of other public companies adds significant value to the board of directors.

Michael T. Viola , Director

Michael T. Viola became a member of the board of directors of Virtu Financial, Inc. in April 2016. Mr. Viola previously served as a senior trader for the Company, focused on foreign exchange products and global commodities. Mr. Viola currently serves as the President of the Viola family’s private investment office, located in New York City. In addition, Mr. Viola is a member of the board of directors of Independent Bank Group, Inc., which he joined in February 2013. Mr. Viola also served on the board of a family-founded nonprofit organization focused on Catholic education initiatives in inner-city communities from 2010 to 2011. Mr. Viola’s experience as a trader across multiple asset classes along with his public company board experience add significant value to the board of directors.

Vincent Viola , Founder and Chairman Emeritus

Vincent Viola is our Founder and has served as our Executive Chairman since November 2013. He previously served as Chief Executive Officer and Chairman of Virtu Financial and its predecessors since April 2008. Mr. Viola is one of the nation's foremost leaders in electronic trading. He was the founder of Virtu East in 2008, a founder of Madison Tyler Holdings in 2002 and the former Chairman of the NYMEX. Mr. Viola started his career in the financial services industry on the floor of the NYMEX and became Vice Chairman from 1993 to 1996 and Chairman from 2001 to 2004. Mr. Viola graduated from the U.S. Military Academy at West Point in 1977. He later graduated from the U.S. Army Airborne, Infantry and Ranger Schools and served in the 101st Airborne Division. In 1983, he graduated from the New York Law School. Mr. Viola's extensive business experience in the financial services industry provides the board of directors with valuable knowledge and experience in the electronic trading and market making business. In addition, as our founder, Mr. Viola has successfully led Virtu since its inception and provides the board of directors with valuable insight regarding strategic decisions and the future direction of our Company.

Robert Greifeld , Chairman

Robert Greifeld, is a co-founder of North Island and Chairman of Virtu Financial, Inc.

He previously served as Chairman of the Board of Directors of The Nasdaq Stock Market LLC (“Nasdaq”) until May 10, 2017 and as Chief Executive Officer of Nasdaq from 2003 to 2016. During his tenure, Mr. Greifeld led Nasdaq through a series of complex, innovative acquisitions that extended the company’s footprint from a single U.S. equity exchange to a global exchange and technology solutions provider, nearly quadrupling revenue, growing annual operating profits by more than 24 times and achieving a market value of over $11 billion.

Mr. Greifeld is a member of the Economic Club of New York and the NYU Stern Board of Overseers. He is Founder and Chairman of the USA Track & Field Foundation, which supports emerging athletes and inner-city youth athletics. Mr. Greifeld holds a Masters in Business from New York University, Stern School of Business, and a B.A. in English from Iona College.

Glenn Hutchins, Director

Glenn Hutchins is a co-founder of North Island and a co-founder of Silver Lake. He is a director of AT&T; a director of the Federal Reserve Bank of New York; vice chairman of both the Brookings Institution and the Economic Club of New York; a board member of the Obama Foundation and a member of the Executive Committee of the New York Presbyterian Hospital. He is part owner and member of the Executive Committee of the Boston Celtics basketball team. Mr. Hutchins is a co-chairman of Harvard University’s capital campaign. He is also a board member of the Center for American Progress as well as a Fellow of the American Academy of Arts and Sciences. Previously, Mr. Hutchins served President Clinton in both the transition and the White House as a special advisor on economic and health-care policy. He was also previously chairman of the board of SunGard Data Systems, Inc. and Instinet, Inc. and a director of Nasdaq, Inc.

Mr. Hutchins and his wife, Debbie, founded the Hutchins Family Foundation which, among other projects, has created the Hutchins Center for African & African American Research at Harvard University, which is chaired by Mr. Hutchins; the Hutchins Center on Fiscal and Monetary Policy at The Brookings Institution; and the Chronic Fatigue Initiative, which conducts basic research into the cause of chronic fatigue syndrome.

Mr. Hutchins has published essays on economic and public policy in the Wall Street Journal, New York Times, Washington Post, Financial Times, Fortune, Foreign Affairs and New Republic.

Mr. Hutchins holds an A.B. from Harvard College, an M.B.A. from Harvard Business School, and a J.D. from Harvard Law School.

Joseph J. Grano, Director

Mr. Grano is Non-Executive Chairman of root9B Holdings, Inc. (NASDAQ:RTNB), a cybersecurity and regulatory risk mitigation company. From 2001-2004, Mr. Grano was Chairman of UBS Financial Services Inc. (formerly UBS PaineWebber). In addition to being one of the financial service industry’s leading executives, Mr. Grano is involved in a wide range of educational and philanthropic endeavors. In 2002, Mr. Grano was appointed by President George W. Bush to serve as the Chairman of the Homeland Security Advisory Council. He relinquished his position in August 2005.

Mr. Grano joined PaineWebber in February 1988 as President of Retail Sales and Marketing, and became President of PaineWebber Group in December 1994. As President, he oversaw a series of important and dramatic restructurings at the firm, including the acquisition of Kidder, Peabody in 1995 and J.C. Bradford in 2000. Finally, Mr. Grano was instrumental in helping to bring about the merger of PaineWebber with UBS in 2000, when Mr. Grano was named President & CEO of UBS PaineWebber and the following year was named Chairman & CEO.

Prior to joining PaineWebber, Mr. Grano was with Merrill Lynch for 16 years, holding various senior management positions including Director of National Sales. In 1987, he was named the industry’s best retail marketing executive in a survey conducted by Investment Dealers’ Digest. Mr. Grano was Chairman of the Board of Governors of the NASD and a member of the NASD’s Executive Committee. Mr. Grano holds Honorary Doctorate of Law degrees from Pepperdine University and Babson College as well as Honorary Doctor of Humane Letters degrees from Queens College, City University of New York and Central Connecticut State University. In addition he holds an Honorary Doctor of Business Administration degree from the University of New Haven. Mr. Grano served as Vice Chairman of the Queens College Foundation Board of Trustees, and was on the Board of Directors of the YMCA of Greater New York and on the Board of Lenox Hill Hospital. He is a member of the City University of New York’s Business Leadership Council and President of the Advisory Board for LEAD. (Law Enforcement Against Drugs)

David Urban, Director

Mr. Urban has more than 20 years’ experience in senior leadership positions in business and governmental roles, including his current position as President of the American Continental Group, a leading bi-partisan government affairs and strategic consulting firm which provides strategic consulting services to organizations across the financial services and technology sectors, among others. In addition Mr. Urban previously served in the United States Army’s 101 Airborne Division.

Mr. Urban holds a B.S. from the United States Military Academy at West Point, a J.D. from Temple University and an M.P.A. from University of Pennsylvania.