LPL Financial terminated CEO Dan Arnold for workplace violations, appointed Rich Steinmeier as interim CEO.

LPL Financial has terminated President and CEO Dan Arnold due to violations of the company's respectful workplace policies, following an investigation by an outside law firm. Arnold also resigned from the board and will not receive severance benefits, with his equity awards potentially forfeited. Rich Steinmeier, the Chief Growth Officer, has been appointed as interim CEO. LPL serves over 23,000 financial advisors nationwide.

October 01, 2024
19 Articles

Further Reading