Interactive Brokers Nominates Lori Conkling to its Board of Directors

Rhea-AI Summary

Interactive Brokers (Nasdaq: IBKR) has nominated Lori Conkling as an independent director to its Board of Directors. Conkling currently serves as Head of TV & Film Licensing at Netflix, overseeing content acquisition and business development for both ad-free and ad-supported platforms.

With over 25 years of experience in media, Conkling previously held key positions at major companies including:

• Global Head of TV, Film and Sports at YouTube and YouTube TV
• Executive VP of Strategy and Business Development at NBCUniversal
• Executive VP of US and Canadian Distribution at A+E Networks
• VP of National Accounts at Disney and ESPN

Thomas Peterffy, Founder and Chairman of Interactive Brokers, expressed that Conkling's expertise will help enhance the company's profile across the media landscape and inform their media strategy to build brand awareness.

Positive

• Addition of experienced media executive with 25+ years industry expertise
• Strategic move to enhance media presence and brand awareness
• Nominee brings diverse experience from major media companies (Netflix, Google, NBCUniversal)
• Potential to improve company's media and content strategy

Negative

• None.

GREENWICH, Conn.--(BUSINESS WIRE)-- Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the nomination of Lori Conkling as an independent director of the firm.

Lori Conkling (Photo: Business Wire)

Ms. Conkling will bring a wealth of knowledge to Interactive Brokers. As Head of TV & Film Licensing at Netflix, she oversees content acquisition and business development for their ad-free and ad-supported platforms. Before joining Netflix, she held leadership positions at Google, including Global Head of TV, Film and Sports for YouTube and YouTube TV.

“We are pleased to nominate Lori to the Board of Directors and look forward to leveraging her expertise to enhance our profile across the media landscape,” said Thomas Peterffy, Founder and Chairman of Interactive Brokers. “A successful senior executive with over 25 years of experience in the media space, Ms. Conkling will be a valuable resource helping to inform our media strategy and build brand awareness.”

Ms. Conkling has also served as Executive Vice President of Strategy and Business Development for Digital Enterprises at NBCUniversal, Executive Vice President of US and Canadian Distribution at A+E Networks, and Vice President of National Accounts for Disney and ESPN. She began her career with Accenture, where she analyzed and developed corporate strategies for publishing, film, and telecommunications companies.

Ms. Conkling holds an M.B.A. from Duke University's Fuqua School of Business and a B.S. in Business Administration from the University of Southern California. She sits on the Boards of Teach for America and the Fuqua School of Business's Board of Visitors.

The Best Informed Investors Choose Interactive Brokers

About Interactive Brokers Group, Inc.:

Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities, foreign exchange, and forecast contracts around the clock on over 160 markets in numerous countries and currencies from a single unified platform to clients worldwide. We serve individual investors, hedge funds, proprietary trading groups, financial advisors and introducing brokers. Our four decades of focus on technology and automation have enabled us to equip our clients with a uniquely sophisticated platform to manage their investment portfolios. We strive to provide our clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments. Interactive Brokers has consistently earned recognition as a top broker, garnering multiple awards and accolades from respected industry sources such as Barron's, Investopedia, Stockbrokers.com, and many others.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250307601860/en/

Contacts for Interactive Brokers Group, Inc. Media: Katherine Ewert, media@ibkr.com

Source: Interactive Brokers Group, Inc.

FAQ

Who is Lori Conkling and what position is she nominated for at Interactive Brokers (IBKR)?

Lori Conkling, currently Head of TV & Film Licensing at Netflix, has been nominated as an independent director to Interactive Brokers' Board of Directors.

What is the strategic reason behind IBKR's nomination of Lori Conkling?

IBKR aims to leverage Conkling's media expertise to enhance their profile across the media landscape and improve their brand awareness strategy.

What major companies has IBKR's new board nominee Lori Conkling worked for?

Conkling has held leadership positions at Netflix, Google (YouTube), NBCUniversal, A+E Networks, Disney, ESPN, and Accenture.

What is Lori Conkling's current role and responsibilities at Netflix?

At Netflix, she serves as Head of TV & Film Licensing, overseeing content acquisition and business development for both ad-free and ad-supported platforms.