John Streich was named President and CEO of Penson GHCO. Streich has been running a branch office of Penson GHCO in Platteville Wisconsin. Former president and CEO Chris Hehmeyer will become non-executive chairman and continue to run a proprietary trading unit that was not part of the sale of Goldenberg Hehmeyer to Penson.
Hehmeyer will continue to represent the firm on the board of the Futures Industry Association and National Futures Association.