Interbank FX Management Team

Todd Crosland

Chairman and President

Todd Crosland founded Salt Lake City based Interbank FX in late 2001 and currently serves as the Chairman and President. Mr. Crosland attributes Interbank FX's success to the "customer centric" business model, which he points to as the company's fundamental differentiating factor. Unlike other retail Forex brokers, Interbank FX has distinguished itself as an industry leader with its multi-bank liquidity feed including multiple world money center banks, proprietary tools and services and a strong focus on customer care.

Since its inception, Interbank FX has seen enormous growth, growing revenues by nearly 60,000% from 2004 through 2008. Interbank FX has matured to serve customers in more than 140 countries with a trading volume of $750 billion in 2008. This has lead to longer term and more profitable relationships, also manifested in the numerous awards and industry accolades that Interbank FX has accumulated. The recognition includes Best Online FX Provider, Best Foreign Exchange Broker, Traders Choice Award, Best Mobile Trading Platform, Ernst and Young Entrepreneur of the Year and the Inc 500.

A seasoned entrepreneur, Mr. Crosland's career includes the founding and eventual public offering of a cardiovascular medical device manufacturer and real estate investments totaling over $160,000,000. He holds a B.A. in business (Business Finance) finance from the University of Utah.

Jon Pexton

Chief Financial Officer

Jon Pexton brings over 15 years of wide-ranging finance and accounting experience. After spending more than 12 years in Silicon Valley, Jon joined Interbank FX as its Chief Financial Officer in May 2008.

Previously, Jon was Vice President, Finance & Accounting at Callidus Software in San Jose, California. He was responsible for all finance, accounting, treasury and investor relation activities and played key roles in the company's initial public stock offering and the acquisition of two companies. He also served as Director of Finance at Vitria Technology and as Corporate Controller at Remedy Corporation, both multinational public software companies. He also spent eight years with Ernst & Young working in their audit, tax, and mergers & acquisitions due diligence groups. Jon holds a degree in Accounting from the University of Utah in Salt Lake City and is a Certified Public Accountant.

Mark Osterloh

Vice President of Operations

Mark Osterloh has seen Interbank FX grow from humble beginnings, working with Todd Crosland in 2001 as the original IT team. Key to the company's development, Osterloh was instrumental in maintaining Interbank FX's web site and designing the MT3 and MT4 platform software and today remains an integral part of Interbank FX's new applications and operations.

Osterloh is also the Responsible Manager for Interbank FX sister company, IBFX-Australia, where he oversees supervision of day-to-day operations.

Mark has been working in IT related positions for the past 15 years. Prior to Interbank FX, he worked at Packard Bell as a leading problem solver and on the OSHA web team.

Peg Reed

Managing Director, Global Partnerships

Peg Reed joined Interbank FX in April of 2009 after 30 years on Wall Street working with a number of world class financial organizations. With a successful track record of creating, building and managing profitable enterprise, Ms. Reed is responsible for building and maintaining our partner relations worldwide.

Ms. Reed spent the early part of her career with the Bank of America, Barclays Bank and The American International Group where as a currency trader she made significant contributions to the firm's profitability. Later, she assumed responsibility for managing large portfolios of risk as well as overseeing the accounts of large multinational corporations, hedge funds and high net worth individuals.

In 1999 Ms. Reed with a group of peers from the FX marketplace launched Hotspot FXi. Hotspot FXi was created as an ECN to be utilized by the Wholesale Foreign Exchange community. Ms. Reed was involved in a number of the key strategic aspects in creating this entity, such as, Risk, Marketing to the Institutional Marketplace, and the technology required to meet the demands of the user community. Ms. Reed created the prime brokerage model that Hotspot FX utilized so customers could trade on the platform in the name of their prime broker. This strategy created multiple partnerships which still exist today.

Following Hotspot FX Ms. Reed joined Lava Trading as Head of Sales working closely with all groups at Lava Trading to ensure customer focused solutions so clients would participate on Lava's ECN product. Ms. Reed's experience ranges in FX from voice dealing to establishing electronic solutions for the marketplace and looks forward at Interbank FX to expand globally the private label business.

Daren Thayne

Chief Information Officer

Daren Thayne, who joined the company in November of 2007, came from The Generations Network (formerly MyFamily.com), where he served as Chief Technology Officer and Senior Vice President of development. He joined Interbank FX as Chief Information Officer (CIO), contributing more than 20 years of software development and technology leadership expertise.

In his current role, Mr. Thayne is responsible for establishing and directing the strategic long-term goals, policies, and procedures for the company's IT department, as well as overseeing day-to-day technology operations. Specifically, his responsibilities include all aspects of IBFX's information technology, including trading and business application development.

Mr. Thayne holds a bachelor's degree in mechanical engineering and an MBA with High Distinction from Brigham Young University in Provo, Utah.

Marilyn McDonald

Vice President, Customer Experience

Marilyn McDonald joined Interbank FX in December 2005 as head of the marketing department. In her current role as the Vice President of Customer Experience, she is heading up the conversation between Interbank FX and its customers. She is responsible for the national and international events, public relations, customer education and orientation, and brand.

Prior to joining Interbank FX, Marilyn worked in marketing for Equis International, the retail investor division of Reuters. She also helped found a motion capture studio in the Salt Lake valley, and spent a number of years working at an advertising agency/production house in New Zealand. She has worked with a variety of clients that include Ford, Club Med, Anne Geddes and many more. Marilyn has extensive experience in communicating messages and campaigns across multiple advertising mediums, including print, Internet, television, etc.

Marilyn currently serves as an Associated Person and a Principal of Interbank FX with the NFA. She is a Series 3 licensed Futures broker and author of Forex Simplified and contributing author in SFO Personal Investor Series: Forex Trading.

Drew Izzo

Vice President, Online Marketing

Drew Izzo joined Interbank FX in March of 2009 and brings with him over 15 years of experience in startups, fortune 500's and high growth mid-sized companies.

Prior to Interbank, he was the CMO for Roost.com a real estate search engine in the bay area. Mr. Izzo's most related experience comes from his tenure at The Generations Network where served as the VP of Marketing and managed a $150M+ business.

Drew holds a Bachelor of Science in Management from the University of Massachusetts, and MBA and a Master's certificate in marketing from Westminster College in Salt Lake City, Utah.

Ken Trionfo

Client Services Director

Ken joined Interbank FX in 2003 during the founding stages of the company, bringing with him an in-depth knowledge of the financial services industry. His past professional experience in customer relations enabled him to help transform Interbank FX from a small proprietary venture into a global "customer-centric" organization.

In his role as Director of Client Services, Ken specializes in using business analytics to run a metric-based improvement process for implementing strategic initiatives. He has helped foster a culture of improvement and progression within his department, developing a client service environment that leads the industry in customer engagement and loyalty.

Before coming to Interbank FX, Ken worked for Fidelity Investments—one of the world's largest providers of investment products and services. A Series 7 licensed securities broker, he gained experience in the key elements of traders in the financial realm and developed a sound understanding of the "voice" of the customer.

Ken currently serves as a member of the board of the Utah chapter of International Customer Service Institute and is an active member of the International Customer Management Institute.

Chris An

Compliance Director

Since 2008, Chris An has helped build the Interbank FX compliance team into an industry-leading department for employees and customers worldwide. Directly recruited from the ranks of the National Futures Association (NFA)- the premier independent provider of efficient and innovative regulatory programs that protect the integrity of the derivatives markets, Chris upholds Interbank FX's commitment to high standards of compliance policies, procedures and safeguards for customers.

Chris has earned his Series 3 commodity futures license and holds a bachelor's degree in finance from Indiana University in Bloomington, Indiana.