TradingScreen appoints SocGen veteran Schroeder as permanent CEO

Pierre Schroeder served as interim CEO since May this year, following former CEO’s suspension.

TradingScreen has announced the appointment of Pierre Schroeder as its permanent chief executive officer, following Philippe Buhannic’s suspension in May this year.

Schroeder served as interim CEO at the trading technology firm following allegations its CEO at the time, Buhannic, had assaulted a member of staff.

Court filings revealed that an internal probe at the company found evidence that Buhannic physically assaulted a worker at the firm’s New York headquarters.

TradingScreen said in a statement: “Buhannic will no longer participate in the day-to-day management of the company, but remains a member of the board of directors.”

Schroeder’s experience in the industry spans 25 years, 20 of which he served at SocGen in senior roles including head of debt finance.

He is the founder and chief investment officer of Square Investment Management and has been on TradingScreen’s board for eight years.

The firm said Schroeder is set to bring “significant industry experience” to the role, adding that he was an “early investor and customer and has an intimate understanding of the company's products and services.”