BTIG Executive and Leadership Team

August, 2026

Leadership Overview

BTIG has 6 executives leading key functions including strategy, institutional sales, operations, technology, securities, and equity derivatives.

Focused on delivering specialized financial solutions, BTIG maintains a commitment to providing institutional clients with expert brokerage, investment banking, and market intelligence to navigate complex global financial landscapes.

Leadership Roles at BTIG

  • Chief Executive Officer - Carlos Fragio
  • Founder & Chief Executive Officer & Chairman - Scott Kovalik
  • Chief Operating Officer - Jennifer Mermel
  • Chief Operating Officer Securities - Richard Jacklin
  • Chief Information Officer - Emmanuel B.
  • Managing Director & Head of Co of Equity Derivatives Trading - Evan Seidenstein
  • Carlos Fragio - Chief Executive Officer

    Carlos Fragio, the Chief Executive Officer at BTIG, directs the overarching strategic vision for the firm. Fragio manages the expansion of institutional brokerage services across North American and European markets. By aligning investment banking initiatives with client objectives, the Chief Executive Officer ensures the firm maintains a competitive edge in complex financial transactions. Fragio oversees the integration of specialized market knowledge into daily operations, fostering strong relationships with alternative asset managers and corporate treasuries. This leadership role involves constant evaluation of market conditions to optimize capital deployment strategies. Carlos Fragio drives the firm toward sustainable growth by prioritizing personalized client service and high-touch execution capabilities. Through rigorous oversight of institutional sales divisions, the Chief Executive Officer secures the firm's reputation as a versatile partner for sophisticated investors. Fragio consistently monitors performance metrics to ensure alignment with long-term corporate goals and financial stability.

    Scott Kovalik - Founder & Chief Executive Officer & Chairman

    Scott Kovalik, the Founder & Chief Executive Officer & Chairman at BTIG, architects the foundational principles and long-term governance of the organization. Kovalik drives the firm's commitment to specialized brokerage and investment banking excellence. As Chairman, the Founder & Chief Executive Officer & Chairman oversees board-level strategic decisions, ensuring the firm remains agile within volatile global markets. Kovalik manages the development of institutional relationships, leveraging deep industry expertise to facilitate complex financial advisory engagements. This leadership role involves setting the cultural tone for the firm, emphasizing personalized service over broad-based retail operations. Scott Kovalik monitors the firm's competitive positioning, ensuring that investment banking practices remain aligned with evolving corporate needs. By focusing on high-level strategic partnerships, the Founder & Chief Executive Officer & Chairman secures the firm's market influence. Kovalik directs the executive team to maintain operational focus, ensuring that every client interaction reflects the firm's core mission of delivering tailored financial solutions.

    Jennifer Mermel - Chief Operating Officer

    Jennifer Mermel, the Chief Operating Officer at BTIG, directs the internal infrastructure and administrative functions necessary for seamless financial service delivery. Mermel oversees the firm's operational efficiency, ensuring that brokerage and investment banking teams possess the resources required for high-performance execution. By streamlining internal processes, the Chief Operating Officer supports the firm's ability to handle complex financial transactions across diverse asset classes. Mermel manages cross-departmental collaboration, ensuring that institutional sales and research divisions operate in harmony with corporate objectives. This leadership role involves implementing scalable systems that facilitate growth while maintaining rigorous compliance standards. Jennifer Mermel drives initiatives to optimize resource allocation, directly impacting the firm's ability to provide personalized client service. Through constant monitoring of operational workflows, the Chief Operating Officer ensures that the firm remains a reliable partner for institutional investors. Mermel maintains a focus on operational excellence, supporting the firm's reputation for delivering precise, tailored solutions in competitive market environments.

    Richard Jacklin - Chief Operating Officer Securities

    Richard Jacklin, the Chief Operating Officer Securities at BTIG, directs the tactical execution of the firm's securities division. Jacklin oversees the daily operations of brokerage services, ensuring that institutional clients receive high-quality execution across multiple asset classes. By managing the logistics of market access, the Chief Operating Officer Securities facilitates efficient capital deployment for sophisticated investors. Jacklin coordinates with the research and sales teams to ensure that market intelligence translates into actionable trading strategies. This leadership role involves optimizing the firm's brokerage infrastructure to handle complex financial transactions with precision. Richard Jacklin drives the performance of the securities division by focusing on operational speed and reliability. Through rigorous oversight of trading workflows, the Chief Operating Officer Securities ensures that the firm maintains its competitive edge in global markets. Jacklin monitors market trends to adjust operational tactics, ensuring that the firm consistently meets the specific objectives of its diverse institutional client base.
    Richard Jacklin

    Emmanuel B. - Chief Information Officer

    Emmanuel B., the Chief Information Officer at BTIG, architects the advanced trading technology and data infrastructure that power the firm's brokerage operations. B. directs the development of proprietary platforms that provide clients with real-time market intelligence and efficient execution capabilities. By overseeing the firm's digital transformation, the Chief Information Officer ensures that institutional sales teams maintain a technological advantage in global markets. B. manages the security and reliability of complex financial systems, protecting sensitive client data while facilitating high-volume trading activities. This leadership role involves integrating cutting-edge analytical tools into the firm's investment banking and brokerage workflows. Emmanuel B. drives innovation by aligning technical capabilities with the specific needs of sophisticated investors and alternative asset managers. Through the implementation of robust software solutions, the Chief Information Officer supports the firm's ability to navigate complex financial landscapes. B. ensures that the firm's technological foundation remains resilient, scalable, and capable of supporting long-term growth objectives.

    Evan Seidenstein - Managing Director & Head of Co of Equity Derivatives Trading

    Evan Seidenstein, the Managing Director & Head of Co of Equity Derivatives Trading at BTIG, directs the firm's specialized equity derivatives desk. Seidenstein manages the development and execution of complex hedging and trading strategies for institutional clients. By leveraging deep market knowledge, the Managing Director & Head of Co of Equity Derivatives Trading provides sophisticated investors with tailored solutions for risk management and capital optimization. Seidenstein oversees the desk's daily trading activities, ensuring that all transactions align with the firm's broader investment banking and brokerage goals. This leadership role involves constant interaction with institutional investor bases to identify emerging market opportunities. Evan Seidenstein drives the growth of the equity derivatives practice by maintaining a focus on high-touch service and precise execution. Through the strategic management of derivative portfolios, the Managing Director & Head of Co of Equity Derivatives Trading supports the firm's reputation for navigating complex financial landscapes. Seidenstein ensures that the desk remains a vital component of the firm's comprehensive financial services offering.

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    Frequently Asked Questions Regarding BTIG Top Executives and Leadership Team

    Who leads BTIG?
    BTIG is led by Carlos Fragio (Chief Executive Officer), along with executives such as Scott Kovalik (Founder & Chief Executive Officer & Chairman) and Jennifer Mermel (Chief Operating Officer).
    Who is part of BTIG’s executive team?
    The executive team of BTIG includes leaders such as Carlos Fragio (Chief Executive Officer), Scott Kovalik (Founder & Chief Executive Officer & Chairman), Jennifer Mermel (Chief Operating Officer) and other senior executives.
    How many executives does BTIG have?
    BTIG has 6 executives leading key business areas.
    What roles are included in BTIG’s leadership team?
    The leadership team of BTIG includes roles such as Chief Executive Officer, Founder & Chief Executive Officer & Chairman, Chief Operating Officer, Chief Operating Officer Securities, Chief Information Officer.