Mr. Coleman joined the Chicago-based firm in 2010. He previously was global head of equities at UBS.
“Daniel is perfectly aligned with our long-term vision of utilizing technology to transform how investors transfer risk,” Getco Co-founder Dan Tierney said in a statement Monday.
Mr. Tierney and co-founder Stephen Schuler will remain on Getco's board; Mr. Schuler takes the newly created position of executive director.
“Stephen and Dan built an amazing firm that has been a catalyst for positive change in the financial markets for the last 12 years," Mr. Coleman said in the statement
Getco was founded in 1999 and has 400 employees.
The Wall Street Journal reported Mr. Coleman's appointment Sunday.
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