Virtu Financial, Inc. filed a Form 8-K on August 21, 2026, disclosing the appointment of Barbara Finigan as a Class I independent director, effective August 19, 2026.

Key Highlights

  • New director appointed: Barbara Finigan was elected to the Virtu Financial Board of Directors as a Class I independent director, effective August 19, 2026.
  • Board size: Following the appointment, the Board consists of eleven directors.
  • Career background: Ms. Finigan has served in senior legal roles over a 35-year career, including as Chief Legal Officer at Hasbro, Inc. from December 2010 to March 2019.
  • Current role: As of August 2025, Ms. Finigan serves as Chief Legal Officer at Fuze Health, a technology-driven healthcare company.
  • Compensation: Ms. Finigan will be compensated in a manner similar to that described in the Company's Definitive Proxy Statement on Schedule 14A filed on April 29, 2026.
  • Indemnification: The Company has entered into an indemnification agreement with Ms. Finigan in substantially the same form as agreements with other directors.

Virtu Financial Expands Board with Independent Legal Expert Barbara Finigan

According to the filing, Virtu Financial's Board of Directors appointed Barbara Finigan as a Class I independent director on August 19, 2026. The Board's Nominating and Corporate Governance Committee recommended Ms. Finigan as a nominee. The company disclosed that there are no arrangements or understandings between Ms. Finigan and any other persons pursuant to which she was selected, and no family relationships exist between Ms. Finigan and any of the company's other directors or executive officers.

The filing describes Ms. Finigan's professional background as spanning a 35-year career in senior legal roles. At Hasbro, Inc., she most recently served as Chief Legal Officer from December 2010 to March 2019, where she "advised the board of directors on legal, strategy and risk, oversaw litigation matters, and managed a global ethics and compliance program." She also serves as a director and advisor to two private companies in the insurance and technology sectors, respectively. She is a licensed attorney holding a BA from College of the Holy Cross and a J.D. from Marquette University Law School.

In connection with her election, the company entered into an indemnification agreement with Ms. Finigan, which the filing states "provides, in general, that the Company will indemnify Ms. Finigan to the fullest extent permitted by law in connection with her service to the Company or on the Company's behalf." The filing notes the company may add one or more new directors as business needs and opportunities arise. Virtu Financial's Class A common stock trades on the New York Stock Exchange under the symbol NYSE:VIRT.

What Was Disclosed

Virtu Financial reported the election of Barbara Finigan as an independent Class I director effective August 19, 2026, bringing the total board to eleven directors, along with details of her compensation arrangement and a standard indemnification agreement.