FXCM CIO, Ryan Leonard, Departs After 18 Years

Wednesday, 18/01/2023 | 10:18 GMT by Damian Chmiel
  • Leonard started his professional career at FXCM.
  • Now he wants to try his hand at independent consulting.
executive move

Ryan Leonard has left the retail trading broker FXCM after almost 18 years as a Chief Information Officer (CIO) to start independent consulting in the IT and Information Security (InfoSec) businesses.

FXCM Says Goodbye to Company's Veteran

"Last week was the end of a 17.5-year run at FXCM. It has been an amazing time. Special shout out to Eduard Yusupov, Drew Niv, David Sakhai, and William Ahdout for originally entrusting a 20-something-year-old nerd with a whole bunch of responsibility; and Brandon Palmer for being the unsung mentor and OG," Leonard wrote in a LinkedIn post.

Leonard admits that his true professional career started at FXCM, where he joined in 2005. Before that, he served as a network engineer, system administrator and programmer at smaller companies. Before joining the broker, he was Information Security Officer at Dandy Connections, Inc.

His post indicates that he is leaving the company along with someone named Seth. The most likely reference is Seth Lyons, who has also been with FXCM for nearly 18 years and has served as the Director of Production Engineering since 2011, having worked previously as an InfoSec Specialist and Business Analyst.

According to Leonard's profile on LinkedIn, he graduated from Rochester Institute of Technology in 2005 with a bachelor's degree, specializing in networking and systems administration.

Watch this recent FMLS22 panel on retail traders and post covid challenges.

Latest Executive Moves Connected with FXCM

Late last year, Jessica Beckstead, FXCM's Managing Director, Global Head of Sales and Customer Success, and CEO of Australia, left the company and moved to OANDA, a multi-asset retail trading broker, as its Managing Director for North America and its Chief Executive Officer for the United States. Beckstead had been employed by FXCM for 18 years, joining the company as the Vice President of Forex Sales in New York in October 2004.

Two months earlier, Jefferies Financial Group, the parent company of FXCM, announced that it had hired Paul Gyles as the company's new Chief Marketing Officer. In his position, Gyles is responsible for FXCM's marketing strategy and branding.

Ryan Leonard has left the retail trading broker FXCM after almost 18 years as a Chief Information Officer (CIO) to start independent consulting in the IT and Information Security (InfoSec) businesses.

FXCM Says Goodbye to Company's Veteran

"Last week was the end of a 17.5-year run at FXCM. It has been an amazing time. Special shout out to Eduard Yusupov, Drew Niv, David Sakhai, and William Ahdout for originally entrusting a 20-something-year-old nerd with a whole bunch of responsibility; and Brandon Palmer for being the unsung mentor and OG," Leonard wrote in a LinkedIn post.

Leonard admits that his true professional career started at FXCM, where he joined in 2005. Before that, he served as a network engineer, system administrator and programmer at smaller companies. Before joining the broker, he was Information Security Officer at Dandy Connections, Inc.

His post indicates that he is leaving the company along with someone named Seth. The most likely reference is Seth Lyons, who has also been with FXCM for nearly 18 years and has served as the Director of Production Engineering since 2011, having worked previously as an InfoSec Specialist and Business Analyst.

According to Leonard's profile on LinkedIn, he graduated from Rochester Institute of Technology in 2005 with a bachelor's degree, specializing in networking and systems administration.

Watch this recent FMLS22 panel on retail traders and post covid challenges.

Latest Executive Moves Connected with FXCM

Late last year, Jessica Beckstead, FXCM's Managing Director, Global Head of Sales and Customer Success, and CEO of Australia, left the company and moved to OANDA, a multi-asset retail trading broker, as its Managing Director for North America and its Chief Executive Officer for the United States. Beckstead had been employed by FXCM for 18 years, joining the company as the Vice President of Forex Sales in New York in October 2004.

Two months earlier, Jefferies Financial Group, the parent company of FXCM, announced that it had hired Paul Gyles as the company's new Chief Marketing Officer. In his position, Gyles is responsible for FXCM's marketing strategy and branding.

About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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