defa14a
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
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Preliminary Proxy Statement |
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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Definitive Proxy Statement |
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Definitive Additional Materials |
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Soliciting Material Pursuant to §240.14a-12 |
AMERITRADE HOLDING CORPORATION
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
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No fee required. |
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Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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Title of each class of securities to which transaction applies: |
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Common Stock |
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Aggregate number of securities to which transaction applies: |
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Per unit price or other underlying value of transaction
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Proposed maximum aggregate value of transaction: |
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Fee paid previously with preliminary materials. |
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the
filing for which the offsetting fee was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing. |
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Form, Schedule or Registration Statement No.: |
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Date Filed: |
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Filed by Ameritrade Holding Corporation
Pursuant to Rule 14a-12 under the
Securities Exchange Act of 1934
Subject Company: Ameritrade Holding Corporation
Commission File No.: 000-49992
This filing consists of a November 8, 2005 press release issued by Ameritrade Holding Corporation
and a communication by Ameritrade to its associates on November 7, 2005.
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At the Company:
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For Investors: |
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Katrina Becker
Director, Corporate Communications
(402) 597-8485
kbecker@ameritrade.com
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Tim Nowell
Director, Business Planning
(402) 597-8440
tnowell@ameritrade.com |
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AMERITRADE ANNOUNCES EXECUTIVE APPOINTMENTS
FOR TD AMERITRADE
Omaha, Neb., November 8, 2005 Ameritrade Holding Corporation (NASDAQ: AMTD) today announced
several planned executive appointments to lead the combined company of TD Ameritrade following the
closing of the Companys acquisition of TD Waterhouse.
Randy MacDonald will continue in his role as chief financial officer and chief administrative
officer, and Asiff Hirji will remain chief operating officer for TD Ameritrade. Both MacDonald and
Hirji will continue serving in an advisory and strategic capacity in the Office of the Chief
Executive (OCE) with Chief Executive Officer Joe Moglia.
They will be joined by Chris Armstrong, who will assume the new role of executive vice president,
sales and marketing and will lead the evolution of the combined company into a sales and marketing
organization, including a comprehensive branch network and registered investment advisor business.
Armstrong is currently acting president and chief executive officer at TD Waterhouse. Previously he
was vice chair, sales and marketing at TD Waterhouse and chairman, president and CEO at TD
Waterhouse Bank, N.A. Armstrong joined TD Bank Financial Group in 2000 after more than ten years
experience in financial services marketing. Armstrong received his B.A. degree from University of
Virginia and earned an MBA with honors from American University.
Laurine Garrity who is currently vice president, marketing program development at Ameritrade, Inc.
will become chief marketing officer for the combined company and will report to Chris Armstrong.
Anne Nelson, the current chief marketing officer at Ameritrade will continue to serve the firm in
an advisory and consulting capacity.
Garrity, who has been with the Company since January 2005, has 14 years of marketing experience in
the financial services industry. Previously she held various marketing leadership and management
roles in the mutual funds industry and most recently served as executive vice president for the
marketing division at the Dreyfus Corporation. Garrity received her B.A. degree from Barnard
College, Columbia University and holds Series 7 and 24 licenses.
Larry Szczech will be appointed president of the Client Group at the Company where he will continue
to lead the strategic direction of the client experience. This includes overseeing client
segmentation initiatives and the delivery of client-driven products and services aimed to provide a
superior, value-priced client experience. He will report directly to Joe Moglia.
As we move from a marketing to a marketing and sales-driven organization, I have every confidence
that the expertise of our new management team will guide us thru a successful integration and into
our next level of growth, said Joe Moglia, chief executive officer. I would also like to commend
Anne Nelson for the contributions she has made, and am delighted that she will continue to work
with us in an advisory role.
About Ameritrade Holding Corporation
For 30 years, Ameritrade Holding Corporation has provided investment services to self-directed
individuals through its brokerage subsidiaries. Ameritrade develops and provides innovative
products and services tailored to meet the varying investing and portfolio management needs of
individual investors and institutional distribution partners. A brokerage industry leader,
Ameritrade, Inc.,(1) a subsidiary of Ameritrade Holding Corporation, recently received a
four-star rating in the 2005 Barrons Review of Online Brokers for its Apex active trader
program. For more information, please visit www.amtd.com.
Safe Harbor
This document contains forward-looking statements within the meaning of the federal securities
laws. We intend these forward-looking statements to be covered by the safe harbor provisions of the
federal securities laws. In particular, any statements regarding the completion of the proposed TD
Waterhouse transaction and the plans for the combined company following the closing of the
transaction, as well as the assumptions on which such expectations are based, are forward-looking
statements. These statements reflect only our current expectations and are not guarantees of
future performance or results. These statements involve risks, uncertainties and assumptions that
could cause actual results or performance to differ materially from those contained in the
forward-looking statements. These risks, uncertainties and assumptions include general economic
and political conditions, interest rates, market fluctuations and changes in client trading
activity, increased competition, systems failures and capacity constraints, conditions to closing
of the debt financing and TD Waterhouse transaction, regulatory and legal matters and uncertainties
and other risk factors described in our latest Annual Report on Form 10-K and our latest Quarterly
Report on Form 10-Q. These forward-looking statements speak only as of the date on which the
statements were made. We undertake no obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events or otherwise.
Additional Information and Where to Find It
In connection with the proposed transaction, Ameritrade filed a revised preliminary proxy statement
concerning the transaction with the Securities and Exchange Commission (SEC) on October 28, 2005.
Ameritrade will also file a definitive proxy statement and relevant documents with the SEC in
connection with the proposed transaction. SECURITY HOLDERS OF AMERITRADE ARE URGED TO READ THE
DEFINITIVE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME
AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders can
obtain free copies of the definitive proxy statement and other documents when they become available
by contacting Investor Relations at www.amtd.com, or by mail at Ameritrade Investor Relations, 4211
S. 102 Street, Omaha, NE 68127, or by Telephone: 800-237-8692. In addition, documents filed with
the SEC by Ameritrade are available free of charge at the SECs web site at www.sec.gov.
Ameritrade Holding Corporation, The Toronto-Dominion Bank, and their respective directors and
executive officers may be deemed to be participants in the solicitation of proxies from the
stockholders of Ameritrade in connection with the proposed transaction. Information regarding the
special interests of these directors and executive officers in the proposed transaction is included
in the preliminary proxy statement of Ameritrade described above. This document is available free
of charge at the SECs web site at www.sec.gov and from Investor Relations at Ameritrade as
described above. Information regarding The Toronto-Dominion Banks directors and executive officers
is available in its Annual Report on Form 40-F for the year ended October 31, 2004, which was filed
with the SEC on December 13, 2004, and in its notice of annual meeting and proxy circular for its
2005 annual meeting, which was filed with the SEC on February 17, 2005. These documents are
available free of charge at the SECs web site at www.sec.gov.
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Ameritrade, Inc., member NASD/SIPC. |
# # #
Associates:
I want to share several key leadership decisions we have made for TD Ameritrade following the
close of the deal. A public announcement of this news is planned for tomorrow. Until then we ask
that you keep this information confidential.
I am happy to announce that Randy MacDonald will continue in his role as Chief Financial Officer
and Chief Administrative Officer and that Asiff Hirji will remain the Chief Operating Officer for
TD Ameritrade. Both Randy and Asiff will continue as members of the Office of the Chief Executive
(OCE), along with me, for TD Ameritrade. The OCE is a special advisory council that provides
insight on key corporate matters.
We will be joined in the OCE by Chris Armstrong who is currently acting President and CEO of TD
Waterhouse, and who has been selected to serve as Executive Vice President, Sales and Marketing in
TD Ameritrade. In this role, Chris will oversee our evolution into a sales and marketing
organization. Chris team will include the branches and the institutional teams, which will be led
by John Bunch and Tom Bradley respectively.
Laurine Garrity has been selected to serve as Chief Marketing Officer for TD Ameritrade reporting
directly to Chris. She is currently Vice President of Program Marketing at Ameritrade, Inc.
Anne Nelson, the current Chief Marketing Officer at Ameritrade will continue to serve the Company
in an advisory capacity.
Larry Szczech will be President of the Client Group. He will continue to lead the strategic
direction of that group. This includes overseeing our segmentation initiatives and the delivery of
client-driven products and services. Larry will report directly to me.
As we make this important transition to a more sales focused organization, we will look to these
leaders to guide and help implement critical strategic initiatives. I hope you will join me in
congratulating Randy, Asiff, Chris, Laurine, and Larry.
Thanks,
Ameritrade Confidential. Please remember that everything we disclose is proprietary to
Ameritrade and must not be communicated outside of the company.
Safe Harbor
This document contains forward-looking statements within the meaning of the federal securities
laws. We intend these forward-looking statements to be covered by the safe harbor provisions of the
federal securities
laws. In particular, any statements regarding the completion of the proposed TD
Waterhouse transaction and the plans for the combined company following the closing of the
transaction, as well as the assumptions on which such expectations are based, are forward-looking
statements. These statements reflect only our current expectations and are not guarantees of
future performance or results. These statements involve risks, uncertainties and assumptions that
could cause actual results or performance to differ materially from those contained in the
forward-looking statements. These risks, uncertainties and assumptions include general economic
and political conditions, interest rates, market fluctuations and changes in client trading
activity, increased competition, systems failures and capacity constraints, conditions to closing
of the debt financing and TD Waterhouse transaction, regulatory and legal matters and uncertainties
and other risk factors described in our latest Annual Report on Form 10-K and our latest Quarterly
Report on Form 10-Q. These forward-looking statements speak only as of the date on which the
statements were made. We undertake no obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events or otherwise.
Additional Information and Where to Find It
In connection with the proposed transaction, Ameritrade filed a revised preliminary proxy statement
concerning the transaction with the Securities and Exchange Commission (SEC) on October 28, 2005.
Ameritrade will also file a definitive proxy statement and relevant documents with the SEC in
connection with the proposed transaction. SECURITY HOLDERS OF AMERITRADE ARE URGED TO READ THE
DEFINITIVE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME
AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders can
obtain free copies of the definitive proxy statement and other documents when they become available
by contacting Investor Relations at www.amtd.com, or by mail at Ameritrade Investor
Relations, 4211 S. 102 Street, Omaha, NE 68127, or by Telephone: 800-237-8692. In addition,
documents filed with the SEC by Ameritrade are available free of charge at the SECs web site at
www.sec.gov.
Ameritrade Holding Corporation, The Toronto-Dominion Bank, and their respective directors and
executive officers may be deemed to be participants in the solicitation of proxies from the
stockholders of Ameritrade in connection with the proposed transaction. Information regarding the
special interests of these directors and executive officers in the proposed transaction is included
in the preliminary proxy statement of Ameritrade described above. This document is available free
of charge at the SECs web site at www.sec.gov and from Investor Relations at Ameritrade as
described above. Information regarding The Toronto-Dominion Banks directors and executive officers
is available in its Annual Report on Form 40-F for the year ended October 31, 2004, which was filed
with the SEC on December 13, 2004, and in its notice of annual meeting and proxy circular for its
2005 annual meeting, which was filed with the SEC on February 17, 2005. These documents are
available free of charge at the SECs web site at www.sec.gov.