Broker eToro has terminated the contract of Deputy CEO Shalom Berkovitz. The digital notice of termination dated April 11, 2024, states that it was effective as of March 31, 2024.

Shalom Berkovitz served as eToro's CFO and Deputy CEO for seven years.

Over the past year, he has continued to serve the company as the non-executive director of eToro UK and eToro USA LLC.

Prior to joining the eToro team, he held senior positions at DSNR Media Group (5 years), d-Group (3 years), Golden Pages Israel (2 years), and Eurocom Communications (9 years).

It is worth noting that eToro UK Limited has not officially released any statement regarding Berkowitz's dismissal, which is puzzling to many. The company is expected to release an open statement soon.

Broker eToro was founded in 2007. The company works with clients from more than 140 countries, has multiple divisions operating in a wide range of jurisdictions, and is licensed by trusted regulators.