Schell will join BATS with over 20 years of experience in the financial services industry, including 16 years at H&R Block, in Kansas City, where he held numerous leadership positions.
He will be based at the BATS Global Markets global headquarters, reporting to resident and CEO Joe Ratterman.
Ratterman said that Brian’s leadership skills, financial services experience, and depth of expertise are tremendous additions to the senior management team.
Previously, at H&R Block, Schell served separately as chief financial officer of the Tax Services and H&R Block Financial Advisors divisions, holding the former position for seven years. Most recently, he was senior vice president, operations, support and development for Tax Services.
Last month, BATS had entered a definitive agreement to purchase Chi-X Europe, potentially creating the largest pan-European trading venue. The new entity will be called BATS Chi-X Europe, and the deal is expected to close in the second quarter of 2011, pending regulatory approvals.
The company also said it is exploring opportunities in Brazil.
