Financial Services >> CEO Interviews >> November 2, 1998

Raymond L. Killian Jr. – Investment Technology Group (itgi)

RAYMOND L. KILLIAN, JR., is Chairman, President and Chief Executive Officer of Investment Technology Group, Inc. In 1986, Mr. Killian and a group of colleagues initiated plans for a computerized crossing network that ultimately became Investment Technology Group, Inc., a unit of Jefferies Group. In 1990, he assumed the full-time responsibility as Chief Executive Officer of ITG, Inc., and he became Chairman of the Board in 1997. ITG has been a public company since 1994 and is listed on the New York Stock Exchange. Mr. Killian was an Executive Vice President of Jefferies Group from 1985 to 1995, a Director and an Executive Vice President of Jefferies Group's wholly owned broker-dealer subsidiary, Jefferies & Company, Inc., from 1985 to 1991 and served as National Sales Manager of Jefferies from 1985 to 1990. He was a Director of Jefferies Group from January 1985 to 1999. Mr. Killian was with Goldman Sachs from 1968 to 1985 and was Vice President and Manager of that firm's Institutional Sales from 1982 to 1985. He has been associated with The Cotting School for handicapped children in Lexington, Massachusetts, for over 40 years, and for the past 15, has served as Chairman of its Board of Trustees. Mr. Killian does fundraising for Cathedral High School Inner City Program of the Archdiocese of Boston. He is past Governor of the Boston Stock Exchange and has served on the Board of Directors for the National Organization of Investment Professionals. He has also testified before Congress on Markets 2000 issues and is a frequent speaker at Investment Technology conferences. He has been a guest lecturer at Harvard, MIT and Stanford Business Schools. Mr. Killian has a BS degree from Boston University. Profile
TWST: May we start out with a brief overview of Investment Technology Group?

Mr. Killian: Investment Technology Group was formed back in late 1987.

October 1987 is when we kicked it off. It