E*TRADE CFO to Retire

E*TRADE Financial Corporation ETFC today announced that Bruce P. Nolop will retire as Chief Financial Officer of E*TRADE at year end. Matthew J. Audette, E*TRADE's Corporate Controller since 2005, will succeed Mr. Nolop as Chief Financial Officer, effective January 1, 2011. Mr. Nolop will assist the transition in an executive advisory capacity through the first quarter of 2011.