Scottrade Announces New Directors to Operations Team

Scottrade, a leading online investment firm, announces the addition of five new directors to its Operations department: Darren Cox as Director of Margin, Sue Hutter as Director of Mutual Funds and Account Management, Debbie Martensen as Director of Strategy and Control, Phyllis O’Rourke as Director of Settlement, and Todd Stanton as Director of Asset Transfers.

Darren Cox was recently hired as the new Director of Margin, overseeing Scottrade’s Margin, Cashiering, Electronic Funds Transfers, Check Writing and IRA departments. Formerly with A.G. Edwards, Cox is a graduate of Washington University in St. Louis.

The following Operations managers were recently promoted to director:

— Sue Hutter was promoted from Mutual Funds Operations Manager to Director of Mutual Funds and Account Management. Hutter is responsible for the Mutual Funds, New Accounts, Dividends and Tax Reporting departments. She has more than 20 years of experience in the brokerage industry and has been with Scottrade for two years.

— As Director of Strategy and Control, Debbie Martensen is now responsible for several areas within Operations, including the Security Master and Business Analyst departments. Martensen was previously the Operations Policy Manager and has been a Scottrade employee for more than 10 years. She has a Bachelor of Science in Finance and a Master in Business Administration from St. Louis University.

— Previously Scottrade’s Options Manager, Phyllis O’Rourke was promoted to Scottrade’s Director of Settlement where she will oversee security transactions, fixed income and options. O’Rourke has been with Scottrade for more than 11 years and previously served as manager of Stock Records, Purchase & Sales and Reconciliation.

— As Director of Asset Transfers, Todd Stanton oversees account transfers and stock options, receipts and transfers, as well as the Image Processing, Workflow, Supplies and Mailroom departments. Stanton has over 10 years of customer service experience in the brokerage business and has been with Scottrade for eight years.

“These directors are all firmly committed to Scottrade’s mission of customer service and value for our clients,” said Catherine Maher, Scottrade’s Executive Director of Operations. “I am thrilled to have these directors on my team.”

About Scottrade

Scottrade is a leader in online investing, serving individual investors who are comfortable making their own investment decisions. Scottrade is unique in the industry because it boasts low commission rates while offering the largest branch network among online brokerages, with 338 local branch offices nationwide. In October 2007, Scottrade was named Highest in Investor Satisfaction by J.D. Power and Associates for the seventh time. Scottrade.com is the online trading site of Scottrade, Inc. and offers customers the convenience of placing many orders online for just $7 per trade. In addition to its online capabilities, Scottrade staffs each easily accessible branch location with a branch manager plus additional brokers and assistants. In January 2008, FORTUNE magazine named Scottrade one of the “100 Best Companies to Work For” in America for the first time. For more, visit http://www.scottrade.com or http://www.scottrade.com/careers .