Analysts Largely View LPL CEO’s Firing as ‘Isolated Incident’
Analysts don’t expect Dan Arnold’s termination to disrupt the day-to-day, and they have confidence in interim CEO Rich Steinmeier and the rest of the management team.
LPL Fires CEO Dan Arnold for Misconduct
LPL Financial says it has fired President and CEO Dan H. Arnold for violating LPL policies tied to “a respectful workplace.” He has also resigned from the board. Rich Steinmeier, the broker-dealer’s chief growth officer and a managing director, is now interim CEO.
LPL Financial terminates CEO Dan Arnold on code of conduct grounds
LPL Financial Holdings on Tuesday fired its CEO Dan Arnold for violating the company's code of conduct and appointed chief growth officer Rich Steinmeier as the interim chief.
LPL Fires CEO Dan Arnold for Violating Code of Conduct
Rich Steinmeier, managing director and chief growth officer, will serve as interim CEO, effective immediately.
LPL Fires CEO Arnold For Allegedly Violating Its Conduct Code
“LPL’s Code of Conduct requires every employee, no matter their title, to foster a supportive and professional workplace and show respect to each other, our stakeholders and the broader community,” Chair James Putnam said in the statement. “Mr. Arnold failed to meet these obligations.”
LPL fires CEO for allegedly breaking respectful-workplace rules
LPL Financial Holdings Inc.’s stock opened lower Wednesday after the company said it fired Dan H. Arnold as CEO for allegedly violating the financial advice firm’s rules on a respectful workplace.
La Jolla-based LPL Financial fires its CEO for violating company’s code of conduct
LPL Financial, a La Jolla-based investment and wealth management services firm, fired its CEO Dan Arnold on Tuesday for making statements to employees that violated the company’s code of conduct. The financial services company said an investigation by outside counsel determined that Arnold made statements to employees that violated LPL’s commitment to a respectful workplace.
LPL Financial falls as CEO terminated for cause
LPL Financial (NASDAQ: NASDAQ:LPLA) shares fell Wednesday after the company announced the immediate termination of President and CEO Dan Arnold after the close on Tuesday. The decision came after an investigation found that Arnold made
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LPL’s Arnold Has Settlement Chance as Steinmeier Called Worthy Successor
Stock analysts are watching for specific details of Dan Arnold’s dismissal while touting Rich Steinmeier’s business growth ...
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LPL board ends Dan Arnold's run as CEO after investigation
LPL Financial Holdings Inc., one of the largest brokerage firms in the country, said on Tuesday after the market closed its ...
LPL Financial stock may be volatile short term, but management is solid, analysts say
CEO to weigh on the stock in the near term, but the leadership of interim CEO Rich Steinmeier and Chief Financial ...
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LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
Dan Arnold is out effective immediately for statements made to employees that ran afoul of policy; Rich Steinmeier, chief ...
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LPL successfully closes Atria acquisition
With the deal finished, the broker-dealer colossus is moving on to the critical task of assimilating roughly 2,400 advisors ...
Buy Rating Affirmed Amid LPL Financial’s Leadership Transition and Strong Business Strategy
Analyst Alexander Blostein from Goldman Sachs maintained a Buy rating on LPL Financial (LPLA – Research Report) and keeping the price ...