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GAIN Capital appoints Joseph A. Schenk as chairman

GAIN CapitalGAIN Capital Holdings announced that Joseph A. Schenk, a current independent director of GAIN Capital, was appointed chairman.

Mr. Schenk has served as a member of the GAIN Capital board of directors since April 2008.

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Presently, Mr. Schenk is a Managing Director at Westaim Corp, a Toronto-based investment firm.

Prior to Westaim, he worked with The Carlyle Group as a senior advisor beginning in 2012.

Prior to that, Mr. Schenk served as chief executive officer of First NY Securities, LLC, a principal trading firm, beginning in June 2009.

From June 2008 to March 2009, Mr. Schenk served as chief executive officer of Pali Capital, Inc., a financial services firm.

From January 2000 until December 2007, he served as chief financial officer and executive vice president of Jefferies Group, Inc., a full-service investment bank and institutional securities firm.

He also held various senior management roles at Jefferies beginning in 1997.


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