This excerpt taken from the GFIG 8-K filed Jul 17, 2008.
GFI Group Inc. Announces Board Member Departure
New York, July 17, 2008 GFI Group Inc. (Nasdaq: GFIG) announced today that J. Randy MacDonald has resigned as a member of GFIs Board of Directors, effective as of July 15, 2008. Mr. MacDonalds resignation follows his appointment in April 2008 as Chief Financial Officer of MF Global Ltd. Randy MacDonald is stepping down from the GFI Board as a result of the time commitments required by his new executive responsibilities at MF Global. Mr. MacDonald has served as a Director of GFI Group since May 2006. GFI has begun a search to identify a replacement to fill the vacancy created by MacDonalds resignation.
Michael Gooch, GFIs Chairman and Chief Executive Officer said, While I fully understand Randy MacDonalds determination to devote himself fully to his new responsibilities at MF Global, our Board will miss his keen insight and perspective. We thank Randy for his many contributions to GFI Group and wish him the best in his new role.