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Nitrogen’s Klein to Step Down, New CEO Named

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Nitrogen CEO Aaron Klein is set to leave the firm by year-end, with Dan Zitting starting as chief executive officer of the wealth management platform on Dec. 4. 

Zitting served as head of the risk management and compliance software maker Galvanize (now part of Diligent), from March 2020 to February 2021, after joining the company in 2011. He was Diligent’s chief product and strategy from November 2021 to January 2023. 

Klein, who has been Nitrogen’s CEO for the past 12 years, will remain on its board of directors, act as a strategic advisor and appear on stage at its 2024 Fearless Investing Summit.

“After a lot of reflection, I came to the decision that it was time for a scaler — somebody who had seen the movie before, and grew a company to billion-dollar scale and beyond,” Klein said in a statement.

“Dan … built his company before being acquired by Galvanize,” added Klein. “He then worked with their CEO Laurie Schultz ([now] our board chair!) to build Galvanize into a billion-dollar company and succeed her as CEO. Throughout that …  journey, he was a massive champion of the voice of the customer and that is something else we have in common.”

Vancouver-based Galvanize was sold to Diligent, which is headquartered in New York, for roughly $1 billion in 2021. 

“It is an honor to join a team that has truly defined how the wealth management industry engages with clients on their risk tolerance and financial behavior,” Zitting said in a statement.

“I am excited to accelerate the expansion of our platform, adding new ways for advisors to differentiate their services, engage the next generation, drive up client satisfaction and to grow their own firms,” he added.

(Photo of Aaron Klein, left, and Dan Zitting)


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