eTrade 1999 Annual Report Download - page 14

Mr. Dark earned both a bachelor's and master's degree in Business Administration from the University of Missouri.
Connie M. Dotson is Chief Service Quality Officer for E*TRADE Group, Inc. Ms. Dotson joined E*TRADE in 1996 as customer
service manager and was named vice president in 1997. Prior to joining E*TRADE, Ms. Dotson served as senior vice president of
operations for U.S. Computer Services/CableData, Inc., where she was responsible for planning, organization, and control of all
CableData operational and support departments, including customer service, systems support, new business, training, and field
services.
Jerry D. Gramaglia is Chief Marketing Officer for E*TRADE Group, Inc. Prior to joining E*TRADE in June 1998, Mr. Gramaglia
was vice president of marketing for Sprint Corporation's consumer division. He also served for more than 20 years in a variety of
senior executive positions for major global consumer companies, including Pepsico, Procter & Gamble, and Nestle Corporation. Mr.
Gramaglia earned a BA in economics from Denison University.
Stephen C. Richards is Chief Electronic Trading Officer for E*TRADE Group, Inc. since March 1999. From 1998 to 1999, Mr.
Richards served as senior vice president, corporate development and new ventures, a position he accepted following two years as
E*TRADE's senior vice president, finance, chief financial officer and treasurer. Prior to joining E*TRADE in April 1996, Mr.
Richards was managing director and chief financial officer of correspondent clearing at Bear Stearns & Company. He is also a former
vice president/deputy controller of Becker Paribas, and former first vice president/controller of Jefferies and Company, Inc. He
received a BA in statistics and economics from the University of California at Davis and an MBA in finance from the University of
California at Los Angeles. Mr. Richards is a Certified Public Accountant.
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Brigitte VanBaelen is Chief Community Development Officer and Assistant Corporate Secretary for E*TRADE Group, Inc. since
January 1999. Ms. VanBaelen held various management positions in marketing and executive services since joining the company in
August 1996. Prior to joining E*TRADE she spent 4 years at A.C. Nielsen where her most recent position was Director Global
Marketing where she focused on integrating local marketing efforts into one global strategy. Ms. VanBaelen earned a degree in
communications and public relations from the COOVI University in Brussels, Belgium.
The Company's present directors and executive officers and their respective affiliates beneficially own approximately 33% of the
Company's outstanding common stock. As a result, these shareowners, if they act together, will be able to exercise significant influence
over all matters requiring shareowner approval, including the election of directors and approval of significant corporate transactions.
Such concentration of ownership also may have the effect of delaying, preventing or deterring a change in control of the Company.
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RISK FACTORS
You should carefully consider the risks described below before making an investment decision in our company. The risks and
uncertainties described below are not the only ones facing our company and there may be additional risks that we do not presently
know of or that we currently deem immaterial. All of these risks may impair our business operations. This document also contains
forward-looking statements that involve risks and uncertainties and actual results may differ materially from the results we discuss in
the forward-looking statements. If any of the following risks actually occur, our business, financial condition or results of operations
could be materially adversely affected. In such case, the trading price of our common stock could decline, and you may lose all or part
of your investment.
In accordance with "plain English" guidelines provided by the Securities and Exchange Commission, the risk factors have been written
in the first person.
Risks Associated with the Year 2000
Because many computer systems were not designed to handle dates beyond the year 1999, computer hardware and software may need
to be modified prior to the year 2000 in order for it to remain functional. This may affect us in numerous ways:
. We have assessed the impact of the year 2000 issue on our products, services and internal information systems. We do not expect our
financial results to be materially affected by the need to address year 2000 issues, but if the costs associated with addressing these
issues are greater than planned, our earnings and results of operations could be affected. Furthermore, if corrective actions are not
adequate to avoid year 2000 problems, the impact of year 2000 processing failures on the Company's business, financial position,
results of operations or cash flows could be material;
. We must rely on outside vendors to address year 2000 issues for their hardware and software. If these vendors fail to adequately
2002. EDGAR Online, Inc.