Citadel Investment Group has promoted Gerald Beeson to chief operating officer, a newly created position, effective February 1.
Beeson previously served as Citadels chief financial officer, and will continue to fill the role until the firm hires a replacement. The firm is reportedly considering at least one internal candidate.
Beeson, 35, joined Citadel in 1993 after earning an MBA from University of Chicago. Gerald has been instrumental in shaping this firm since he joined as one of the first employees 15 years ago, said Kenneth Griffin, chief executive and founder, in a public statement.
Citadel created the COO position to