$60 billion Two Sigma has named Jeffrey Wecker as its CTO - Business Insider

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$60 billion Two Sigma just hired Goldman Sachs' first-ever chief data officer to lead its massive tech team

$60 billion quant fund Two Sigma has hired Jeffrey Wecker from Goldman Sachs to be the firm's next chief technology officer.

The firm also recently lost a long-time tech leader, Andrew Janian, to rival Citadel; Janian had served in a variety of roles, including chief information officer, and head of data engineering for Two Sigma. "Jeff brings an ideal combination of commercial experience, business acumen, and technical understanding of data analytics and architecture to Two Sigma," said David Siegel, co-founder and co-chairman of Two Sigma in the release.

Compared to Spector, Wecker's financial services background is extensive. In addition to his time at Goldman, he was also the CEO of Caspian Asset Management, along with his time at Bridgewater and Lehman. Spector had worked at tech firms for his career prior to joining Two Sigma, specifically Google and IBM.

 

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