Bernard W. Dan - Top Executive Resignations
Name: Bernard W. Dan
Company: MF Global
Former Position: CEO and Chair
The End: Dan became CEO at MF Global in October 2008, succeeding Kevin Davis, who resigned after the company took heavy losses due to the collapse of Lehman Brothers, said the company. Dan left the derivatives broker on March 24 for personal reasons. During Dan's management, the company was fined $10 million by the Commodity Futures Trading Commission, after a rogue-trading loss of $141.5 million, reports RiskNet.
Update: Dan remained with the company through May 16, 2010, as interim CEO, until John Corzine, former governor of New Jersey, took over. Now, Dan works as an experienced financial services executive and head of BWD Consulting, LLC.




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