Technology >> CEO Interviews >> October 30, 2000

Jack Mcdonnell – Ameritrade Inc (amtd)

JACK R. MCDONNELL was appointed President of Ameritrade, Inc. in March 1999. Ameritrade, Inc. is a subsidiary of Ameritrade Holding Corporation and is a leading, innovative online brokerage firm. Mr. McDonnell oversees all aspects of new accounts, trading, marketing, product management, customer service and technical support. Before joining Ameritrade, Mr. McDonnell served in a variety of positions with First Data Corporation in Omaha. Initially, he was named Executive Vice President and Chief Financial Officer of First Data Resources. He later served as President of First Data Enterprises, a business unit he helped create, which was responsible for providing comprehensive data processing and information services to national and non-traditional bankcard issuing clients. More recently, he was Managing Director of Client Development with the First Data Card Services Group where he was responsible for all domestic bankcard and private label client relationships. From 1989 to 1995, Mr. McDonnell was Executive Vice President and Chief Operating Officer of FirsTier Financial, Inc. of Omaha, where he presided over all areas of banking and operations. Prior to joining FirsTier, he held executive positions with several other financial institutions. Mr. McDonnell is also involved in diverse professional and civic organizations. He is the current Chairman of Children's Healthcare Services, and he serves on the Board of Directors for Junior Achievement of the Midlands; the Joslyn Art Museum; Girls, Inc.; and the Kiewit Institute of Information, Science, Technology and Engineering. He is a past Chairman of Children's Memorial Hospital, and is on the board of the Omaha Zoological Society, Mid-America Council of Boy Scouts, Economics America, and is a member of Young Presidents' Organization. Mr. McDonnell has a BA in Accounting from St. Ambrose University, and he is a Certified Public Accountant. Profile
TWST: Could you give us a brief overview of Ameritrade, Inc.?

Mr. McDonnell: Ameritrade is in the online brokerage business. We're

very focused on that particular category of financial