Following a series of key hires and changes to the company’s management and board, OANDA Corporation, one of the leading Forex brokerages that operates subsidiaries in Canada, Japan, Singapore and the UK under the OANDA brand name, has reportedly had two senior officers depart as told to Forex Magnates by people familiar with the matter.
The senior departures were said to include Tim Smart, who had served as Chief Financial Officer (CFO), and Stacey Grant-Thompsom who held the role of Chief Marketing Officer (CMO). Forex Magnates reached out to OANDA’s management in request of confirmation but to no avail as of yet.
Chief Financial Officer and Chief Marketing Officer Departures
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According to Tim Smart’s LinkedIn listing, he had served as CFO at OANDA since February of 2012, over 1 year and 10 months. As per the National Futures Association (NFA) Background Affiliation Status Information Center (BASIC), Mr. Smart is still listed as an approved principal and associated person with OANDA, as of publication, having acquired the series 3 and 34 shortly after joining the firm last year, as per the information concerning his associated status reflected on the NFA BASIC site.
As for Ms. Grant-Thompson, she has held the role of CMO from December 2012 to the present. Her LinkedIn profile notes previous positions covering a broad career in marketing and concurrent positions as part of the leadership planning and development committee for the Canadian Marketing Association, as well as board member of ABC Life Literacy Canada, where she is also listed as Chair of the Governance and Nominating Committee, and Member of the Executive Committee for ABC Life Literacy Canada.
According to Forex Magnates’ sources, both Mr. Smart and Ms. Grant-Thompson had left “on very good terms”. As noted, Forex Magnates will continue to monitor the situation and update our readers with any related updates from OANDA concerning this.