John Siciliano was named CEO of BKF Capital Group, replacing John Levin, who announced in August he would be stepping down. "This is an exciting opportunity," Mr. Siciliano said in an interview. Mr. Siciliano will receive the major portion of his compensation in the form of "equity rewards" under terms of his four-year agreement with the company, according to a news release. He will also join BKF's board of directors. Mr. Siciliano had been at Dimensional Fund Advisors, working on projects with CEO David Booth following the reorganization of the firm's institutional sales business earlier this year. Before that, he was DFA's director of global institutional services. Referring to Mr. Siciliano's departure and Rex Sinquefield's July announcement that he will retire as co-chairman of the firm, Michael Rosen, principal at Angeles Investment Advisors, said: "Neither (departure) is a surprise. … Both have been either planned or anticipated, and responsibilities have been transitioned to other experienced people at the firm."