Knitzer brings over 25 years of leadership experience in financial services and consumer products businesses, including five years working with and as the chairman and CEO of Citibank, North America.
During 1996 to 2010, Knitzer held senior roles at Citigroup. In addition to leading Citibank, North America, he was head of the customer franchise management for Citi’s global consumer group and executive vice president, US Cards.
Prior to his work at Citi, Knitzer held senior roles at Chase, American Express and Nabisco.
E*TRADE Financial CEO Steven Freiberg said that the bank is an important component of E*TRADE’s business.
"Peter is an accomplished executive and leader with a strong record of developing and driving successful strategies in consumer financial services franchises.
"Our success in mitigating risk and optimizing the value of our brokerage customer deposit base has a direct impact on our profitability, and I am confident that with Peter’s broad and deep experience in running financial services businesses, we will continue to make progress toward our goal of sustainable profitability," Freiberg said.
The E*TRADE Financial family of companies provides financial services including online brokerage and related banking products and services to retail investors.
Specific business segments include trading and investing, and balance sheet management. Securities products and services are offered by E*TRADE Securities. Bank products and services are offered by E*TRADE Bank, a Federal savings bank, Member FDIC, or its subsidiaries.
