GLTrade Appoints Tessier and Newman

ORGANIZATION AND STRATEGY

Giles Newman, the former European sales manager at Moneyline Telerate, has emerged at GL Trade as sales and marketing director for the London and Northern Europe business. GL Trade has also named Patrick Tessier the new CEO, replacing Malcolm Donaldson, who left the company at the start of this year.

Newman left Moneyline Telerate in January (IMD, Jan. 13) after holding the position of vice president and director for Continental Europe, Middle East and Africa. Prior to that he was head of global

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