FX people moves: New CEO at Gain Capital

Galant’s step-down is Stevens’s gain.

Mark Galant, the founder, chairman and chief executive officer of Gain Capital has stepped down as CEO but will remains as chairman of the board. Glenn Stevens, who I haven’t seen since he was trading spot yen at Bankers Trust in New York, has been promoted to CEO from his new role of managing director. “Transferring the day-to-day CEO responsibilities to Glenn allows me to assume a more strategic role,” says Galant. “Glenn has been the second in command for almost eight years, and he has contributed significantly to the company’s success to date.

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