eToro Founder Shareholder Anthony Wollenberg Steps Down from UK Board After 14 Years

Anthony Wollenberg, a non-executive director and founder shareholder at eToro's UK branch, has stepped down from the board, ending a tenure of over 14 years that dated back to the company's earliest operations in Britain. His departure, recorded in Companies House filings, severs one of the last remaining links to the founding-era leadership of the FCA-regulated subsidiary.

Wollenberg, a 76-year-old London-based solicitor, was appointed to the eToro UK board on March 2, 2012. His role was non-operational, but his presence carried significant weight as a founder shareholder of eToro Group Limited, giving him a personal stake in the company's success long before it became a major retail trading platform.

His founder status was highlighted in April 2022 when he joined the board of London-listed financial data platform ADVFN Plc, with his appointment documentation citing the eToro role as a key credential. He left the ADVFN board in January 2025 and had previously served as a director at forex broker IFX Group.

Wollenberg built his career in law, founding the firm Rakisons and holding senior roles at Dentons and Salans. His expertise in securities, derivatives, and gaming law made him a natural fit for a growing FCA-regulated platform. He remains an independent freelance solicitor and holds a personal management license from the UK Gambling Commission.

His exit is part of broader board turnover at eToro UK. Other recent departures include Shalom Berkovitz, while hedge fund veteran Lord Stanley Fink joined in 2021. Daniel Moczulski now leads the UK commercial operations.

Wollenberg's resignation comes during a challenging period for eToro. The company completed its long-awaited Nasdaq IPO in May 2025, pricing shares at $67. While shares surged nearly 40% on debut, the stock has since lost close to half its value despite record 2025 revenues. In January 2026, the company confirmed it was cutting approximately 7% of its global workforce, citing artificial intelligence as a partial driver for the restructuring.