Casady Leaving LPL at ‘Challenging Time,’ Recruiters Say
December 5, 2016 By Janet Levaux, ThinkAdvisor The independent broker-dealer says President Dan Arnold will take over in 2017 LPL Financial’s Mark Casady will step down as CEO on Jan. 3, 2017, the firm said Monday. Casady, 56, who has run the Boston-based independent broker-dealer for 10 years, will stay on as non-executive chairman through March 3. President Dan Arnold will take over as CEO. Arnold has served as LPL’s president since March 2015, having joined the firm in 2007. “The board extends its deep appreciation to Mark for his outstanding leadership and careful stewardship of the LPL mission over the past 14 years, and we wish him the very best in his retirement,” said Jim Putnam, the board’s lead director, in a statement. “In selecting Dan Arnold, the board has demonstrated its confidence in a...