AvaTrade Appointed Jeremy Schlachter as New CFO
The former NAGA Group executive joins AvaTrade following a leadership shift and plans for European expansion.
Updated on Oct. 5, 2026 in People
Live Poll
Do you trust that hiring executives focused on corporate consolidation will ultimately lead to company growth?
AvaTrade has appointed Jeremy Schlachter as its new Chief Financial Officer. Schlachter recently departed The NAGA Group to help guide the firm through potential acquisitions and structural changes.
Why it matters
AvaTrade is seeking executive leadership with expertise in retail brokerage and corporate transformation to support its growth strategy. The appointment follows the company's recent offer to acquire Stratos and broader operational shifts within Europe.
Sari Hemmendinger served at AvaTrade for approximately 11 years, while the company has maintained operations in Poland for 6 years. The firm is currently evaluating a potential acquisition of Stratos.
The players
Jeremy Schlachter
He is the newly appointed Chief Financial Officer of AvaTrade and a former executive at The NAGA Group and Finalto.
AvaTrade
It is an international online trading brokerage firm that provides services for various financial instruments.
The NAGA Group
This is a publicly traded fintech company that offers a social trading platform and investment services.
Sari Hemmendinger
She previously served as a long-term executive at AvaTrade for over a decade before this leadership transition.
The details
Jeremy Schlachter announced his transition to AvaTrade via LinkedIn following his exit from The NAGA Group in August 2026. The brokerage is currently reorganizing its regional presence, including the closure of its Polish branch to consolidate client services under international operations.
Timeline
Jeremy Schlachter joined The NAGA Group in 2025.
AvaTrade submitted an offer to acquire Stratos in June 2026.
Schlachter left The NAGA Group in August 2026.
Schlachter announced his new role on October 4, 2026.
Market Landscape
AvaTrade's strategic shift mirrors the broader industry trend of consolidating retail brokerage operations within European markets. By streamlining its regional footprint, the firm aims to position itself for future growth and potential acquisition activity.
Clients of the company's Polish branch will see their services transition to international operations as part of the broader restructuring. Users can expect continued management of their accounts through centralized global platforms.
The takeaway
This leadership change highlights the aggressive expansion and restructuring strategies currently being deployed by major retail brokerages. Investors should monitor how these executive appointments influence the success of planned corporate acquisitions.
Further reading
For more on industry moves, visit the /business/people/ section.
Source note: This article includes information reported by Finance Magnates.
Live Poll
Do you trust that hiring executives focused on corporate consolidation will ultimately lead to company growth?
