Cornell University The Johnson School at Cornell University

2005 Headlines

Johnson School finance professor appointed lead director of ITG board

January 21 2005, Ithaca, New York Maureen O'Hara, the Robert W. Purcell Professor of Management and professor of finance at the Johnson Graduate School of Management, has been appointed lead director of Investment Technology Group (ITG), Inc.'s board of directors. The group is a leading provider of technology-based equity trading services. "We believe that it is good corporate governance practice to have a non-executive lead director to ensure independent oversight on behalf of shareholders," said Raymond Killian, chairman and CEO of ITG . "Maureen O'Hara's distinguished career in academia and her expertise in finance make her an ideal candidate for this position." O'Hara has been a Johnson School faculty member since 1979. Her research focuses on issues in market microstructure. She publishes widely on a broad range of topics in finance, including banking, law and finance and experimental economics. She is the author of numerous journal articles as well as the book Market Microstructure Theory (Blackwell: 1995). She served as president of both the Western Finance Association and the American Finance Association. She has been a director of ITG since 2003 and is a member of the audit and compensation committees on the firm's board of directors.

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