Thursday, July 2, 2009
Grubb & Ellis Company announced that it has named David Susoreny executive vice president, corporate services group. The promotion is effective immediately. In this role, he will oversee the company’s corporate services directors as well as the company’s international, project management and strategic consulting businesses. Most recently, Susoreny was responsible for major corporate relationships totaling in excess of 170 million square feet throughout the globe. -PR Newswire
Merriman Curhan Ford & Co. announced appointments of Peter Coleman, chief financial officer and chief operating officer of Merriman Curhan Ford Group, has been named chief executive officer of the firm’s investment bank and broker/dealer. Henry Tang, senior vice president, finance & accounting of Merriman Curhan Ford Group, has assumed the role of chief financial officer of the firm’s investment bank and broker/dealer. Jon Merriman will remain chief executive officer of Merriman Curhan Ford Group and focus fulltime on helping fast-growing companies and institutional investors with their capital markets needs. -Business Wire
General Atlantic announced that Cory A. Eaves has joined the firm as a senior vice president. In this role, Mr. Eaves will provide technology and operations expertise and strategic counsel to GA’s investment teams and its portfolio companies as part of the firm’s resources group. Mr. Eaves joins General Atlantic from Misys, where he was executive vice president, chief technology officer and chief information officer. Additionally, he is a member of the board of directors for AllscriptsMisys. -PR Newswire
Saban Capital Group announced that Elie Dekel will join the firm as a managing director, effective July 01, 2009. Dekel, previously head of licensing and merchandising for 20th Century Fox, will be based in Los Angeles and report to SCG president and chief operating officer Adam Chesnoff. He will focus on expanding the firm’s licensing, merchandising and intellectual property opportunities in the U.S. and internationally. -Business Wire
Western Asset Managed High Income Fund in its AGM held on June 25, 2009, elected Daniel P. Cronin, R. Jay Gerken, and Jeswald W. Salacuse as Class II directors of the fund by owners of its common stock to hold office until the annual meeting of shareholders in the year 2012 or thereafter when respective successors are duly elected and qualified. -Business Wire
On June 25, 2009, the board of directors of Manhattan Bancorp appointed Rick L. Sowers as an executive vice president of the company. Mr. Sowers, 36, has been with the company’s subsidiary, Bank of Manhattan since June 30, 2008, and is currently serving, and will continue to serve, as the bank’s executive vice president and chief operating officer pursuant to the terms of a first amended and restated employment agreement dated March 26, 2009. Also on June 25, 2009, the Board of the company appointed Ann A. Smiley as an executive vice president of the company. Ms. Smiley, 51, is currently serving as an executive vice president in the bank’s credit administration department. -SEC Form 8k
Home Bank has amended and restated its existing employment agreement with Lester James Dailey as of June 30, 2009. The employment agreement with Mr. Dailey was amended to reflect a change in his title and duties from first vice president and Crowley City president to business development officer, Crowley City and change the term of employment from the period ending on December 22, 2011 to the period ending on the earlier of the date of the Company’s Annual Meeting of Shareholders held in 2011 or December 22, 2011. -SEC Form 8k
Orrstown Financial Services announced that Peter C. Zimmerman retired as executive vice president of the company. -SEC Form 8k
Mainsource Financial Group announced the promotion of Daryl R. Tressler to Chief Banking Officer. Mr. Tressler currently serves as Chairman, President and CEO of the lead affiliate, MainSource Bank. In his new position, he will oversee all MainSource Bank affiliates and locations throughout Indiana, Illinois, Ohio, and Kentucky, in addition to retaining his position within MainSource Bank. His responsibilities include overseeing the administration of all affiliate activities to achieve sales and other strategic objectives. -Market Wire
Citizens First Corp. appointed M. Todd Kanipe as president and chief executive officer. Kanipe, 41, served as the company’s and the bank’s interim president and CEO since April 22. Kanipe has over 17 years of banking experience. He joined Citizens First in 1999 as vice president and trust relationship manager. In 2004, he was named executive vice president, credit administration of the company and the bank. Kanipe also served as executive vice president, finance from January 2008 to September 2008. Prior to joining Citizens First, Kanipe was a senior relationship manager with Trans Financial Bank. -PR Newswire
Sterling Bank, a subsidiary of Sterling Bancshares announced that Michelle Mahfouz has been named as executive vice president and manager of personal relationship & business banking. In this position, she has responsibility for the operation of Sterling Bank’s banking centers, its call center, its home equity and home mortgage programs, and small business banking. Prior to joining Sterling Bank, Mahfouz served as senior vice president of BBVA Compass’ business banking division in Houston. Her previous experience also includes executive positions with Bank of America. -PR Newswire
Guy Carpenter & Company announced that it has named Henry Keeling as president & chief executive officer of international operations, effective August 1, 2009. Mr. Keeling will chair Guy Carpenter’s international board and will be responsible for its operations in the United Kingdom, Continental Europe Asia Pacific, Australia and Bermuda. In addition, he will be responsible for all marine and energy, aviation and retrocession businesses globally. He will report to Peter Zaffino, president and CEO of Guy Carpenter & Company and will join the company’s executive committee. -Business Wire
SeaBright Insurance Holdings announced that Robert P. Cuthbert has resigned as senior vice president, chief financial officer and assistant secretary, effective immediately, to return to New York and pursue other business interests. The company also announced the appointment of Mr. Philip Romney, the company’s principal acounting officer, to serve as acting principal financial officer effective immediately until a replacement for Mr. Cuthbert can be found. -Business Wire
Wednesday, July 1, 2009
Piper Jaffray & Co. expanded its technology media and telecommunications (TMT) group with the additions of David Silverman and Matt Kane as managing directors. Silverman and Kane join the TMT team in San Francisco and will be primarily responsible for expanding the group’s software franchise. Silverman brings more than 12 years of experience in technology finance, both as an investment banker and as a venture capital partner. He joins Piper Jaffray after serving as a partner at international private equity firm 3i, where he was responsible for sourcing, execution and board roles in both late-stage and emerging private company transactions across the technology industry. Silverman began his finance career at Robertson Stephens as an investment banker in their technology group. Kane brings 15 years of investment banking experience to Piper Jaffray. Most recently he was with Cowen and Company in their technology group responsible for mergers and acquisitions across various sectors of technology. Prior to Cowen he was at Thomas Weisel Partners and Merrill Lynch. -Business Wire
The Blackstone Group announced that Philip Levinson will join the firm, effective July 6, as a managing director. Mr. Levinson will be responsible for raising capital for Blackstone’s suite of funds, maintaining client relationships and participating in the development of new products for institutional investors across the entire Asia Pacific region. He joins from RREEF, the global real estate, infrastructure and private equity platform of Deutsche Asset Management. -Business Wire
Exigen Capital announced that Vita Cassese has joined the firm as an operating partner. Cassese, who is based in New York, is focused on vetting and securing investment opportunities in the healthcare and technology sectors. Cassese comes to Exigen Capital from Pfizer, where she served as the vice president, business development, strategy and innovation. Prior to Pfizer, she served as CIO for Worldwide Pharmaceuticals, leading an organization of nearly 1,000 people in 44 countries. While there, she was a member of the Worldwide Pharmaceuticals leadership team that was responsible for long-term business strategy. She established industry-leading partnerships with Microsoft, Oracle, Cisco, Intel, and IBM. She also played a key role on the ‘due diligence’ and integration teams during the Warner Lambert and Pharmacia acquisitions. Additionally, she formerly served as vice president of business technology and market research for the US Pharmaceuticals Group. -Market Wire
Pinnacle Bank announced that Richard Place has been named chairman of the advisory board. Mr. Place is the owner of Richard Place Insurance. He has been in business since 1988. Richard was previously a supervisor for the city of Hollister district 2 and was appointed to the Governor’s transportation committee and the executive board of the regional council of rural counties. -Business Wire
MainSource Bank (Greensburg, IN) announced that Keith Lindauer has been named senior vice president and senior commercial banker for MainSource Bank. His immediate responsibilities include overseeing the overall administration of the commercial lending portfolio and directing the sales effort within policies and guidelines. Mr. Lindauer has been employed with MainSource Bank since 1993, most recently serving as a director of commercial banking. He has more than 22 years of banking experience. -Market Wire
Regence Rx, has named Jared Short as president of Regence Blue Cross Blue Shield Of Oregon. Short’s appointment is effective July 20, 2009. He returns to Regence from Blue Cross Blue Shield of Montana, where he was the chief marketing and underwriting officer. -PR Newswire
Guy Carpenter & Company announced that it has appointed Richard Booth as vice chairman, effective July 7, 2009. In this role Mr. Booth will contribute to set the overall strategic direction of Guy Carpenter and will provide advice on improving operational performance. In addition, Mr. Booth will focus on developing key client relationships. He will report to Peter Zaffino, president and CEO of the company, and will join the company’s executive committee. Previously, Mr. Booth served as vice chairman of transition planning and chief administrative officer at American International Group, and chairman of Hartford Steamboiler. -Business Wire
AMB Property Corp. announced that James W. Green has joined the company as managing director, global client services. In this newly-created position, Green oversees global fund raising for AMB Capital Partners and reports to John T. Roberts, Jr., AMB’s president, private capital. Green was most recently at JER Partners. He served as managing director and co-global head of capital markets & client relations. -PR Newswire
HRPT Properties Trust appointed Jan S. Yokota as vice president, Pacific region effective July 15, 2009. Ms. Yokota, will join HRPT from General Growth Properties where she serves as vice president-development for GGP’s Hawaii region. Previously, she was director of capital improvements for the University of Hawaii and executive director of the Hawaii Community Development Authority. Currently, Ms. Yokota is assistant chair of the Hawaii District Council for the Urban Land Institute and is slated to be chair next year. -Business Wire
J.E. Robert Companies announced that Barden Gale joined the firm as chief executive officer. Mr. Gale joins JER from Starwood Capital Group, where he served as vice chairman of real estate. Joseph E. Robert, Jr., founder of JER and its chairman and chief executive officer since 1981, will become executive chairman. As executive chairman, Mr. Robert will work with Mr. Gale to add value in setting corporate strategy and structure and in building relationships with investors and business partners. Mr. Gale will be assuming day-to-day operations. As chief executive officer, Mr. Gale is responsible for leading the company’s strategic growth and managing its daily business operations globally. He will begin in mid-July and be based in McLean, Virginia. -PR Newswire
Tuesday, June 30, 2009
FBR Capital Markets Corporation announced hires within investment banking. Robert Hallett joins the firm’s energy & natural resources group to oversee the Houston office, Joseph Giacobbe joins the diversified industrials group in Arlington, and David Grove joins the technology, media & telecom group in San Francisco. Mr. Hallett has spent the past 21 years focusing on the energy and natural resources industry and joins FBR Capital Markets from RBC Capital Markets where he was a managing director within the firm’s energy investment banking practice and mergers & acquisitions group for the past nine years. With 12 years of investment banking experience, Mr. Giacobbe joins FBR Capital Markets from Banc of America Securities where he was a managing director within its aerospace, defense & transportation group. He began his investment banking career with Merrill Lynch’s global industries group focusing on aerospace and defense companies. Mr. Grove joins FBR Capital Markets from Banc of America Securities where he was a managing director within its technology investment banking group. Prior to Banc of America, he spent most of his career in investment banking at Cowen and Company (formerly SG Cowen) where he was a vice president in its technology investment banking and mergers & acquisitions groups. -PR Newswire
Calyon is pleased to announce the July 1st appointment of Thierry Simon as CEO of Calyon in the Americas. Based in New York, he replaces Duncan Goldie-Morrison who was recently named chairman of the board of Newedge, as well as senior advisor to Calyon’s CEO, Patrick Valroff. In his new position Mr. Simon also becomes CEO of Calyon Securities (USA). Deputy CEO for Calyon Americas since May 2008, Thierry Simon held various positions in the international network beginning in 1985, notably in the United Kingdom and as Denmark country manager from 1995 to 1998. In 1998 Mr. Simon was appointed director of the corporate central branch in Paris, and at the end of 2001 became head of financial institutions group. In 2004, Mr. Simon was promoted to global head of real estate and hotels in the structured finance division. -Business Wire
Merriman Curhan Ford announced today that it has named Spencer Grimes as managing director of its MCF services group. Grimes recently oversaw the corporate services practice at Merriman where he specialized in advising corporate management teams on a variety of matters, including executing complex trades and coordinating with investment banking to assist in financing transactions. Grimes is now charged with bringing that expertise to the firm’s OTCQX advisory and institutional marketing services (IMS) practices within the MCF services group. -Business Wire
Munder Capital Management, a money management firm serving institutional and individual investors, announced today that James V. FitzGerald, managing director of distribution and chief marketing officer, has been promoted to president, a newly created position reporting to CEO John Adams. The appointment is effective immediately. In addition to retaining his current responsibilities, Mr. FitzGerald will be responsible for overseeing the firm’s growth plans. Mr. FitzGerald, 49, joined Munder Capital in 2004 as head of retail distribution. In 2007, he also assumed responsibility for institutional distribution and corporate marketing. Mr. FitzGerald was part of the management-led buyout team that in 2006 acquired Comerica Inc.’s interest in the firm in partnership with Crestview Partners, a New York-based private equity firm. Mr. FitzGerald, a member of Munder Capital’s operating and product policy committees, was nominated for “Fund Leader of the Year” in 2007 by Fund Action, a publication of Institutional Investor. Prior to joining Munder Capital in October 2004, Mr. FitzGerald was a senior vice president at MFS Investment Management, where he was responsible for all retail sales and marketing operations. Prior to his affiliation with MFS, Mr. FitzGerald worked for Great West Life Assurance Company from 1982-1986. In addition to these positions, he has also served on the ICI’s sales force marketing committee, and has been asked to speak on distribution at numerous industry conferences. -BusinessWire
Capital Z Asset Management, a sponsor of emerging hedge fund managers, announced today the appointment of James M. Marrone, Jr. as CZAM’s chief executive officer, effective August 1, 2009. Mr. Marrone, who is currently head of business development and chief marketing officer at CZAM, will retain those responsibilities. Mr. Marrone replaces Christianna Wood, who resigned to pursue other opportunities effective July 31, 2009. Mr. Marrone has over 29 years of experience in marketing, sales and finance. Prior to joining CZAM, he was a senior managing director at Bear Stearns Asset Management for 10 years. Previously, Mr. Marrone held marketing and product development positions at Capital Management Associates, Westpac Banking Corporation, and Chase Manhattan Bank. -PR Newswire
Eaton Vance Investment Counsel, a division of Eaton Vance Management, today announced the appointment of Antoinette Russell to the position of vice president, family office services. Ms. Russell reports to G. West “Westy” Saltonstall, president of Eaton Vance Investment Counsel. This division of Eaton Vance offers investment management and counseling services to high net worth individuals and families, trusts and foundations. Ms. Russell has over 30 years of experience in financial services, including eleven years providing family office services to high net worth families and individuals. Most recently, she was senior client advisor and director of SCS Financial since 2006. -PR Newswire
Francois Cooke has joined ACA Compliance Group (ACA) as a managing director in ACA’s broker-dealer services division and is responsible for broker-dealer consulting services, including mock regulatory examinations, compliance risk assessments and testing, preparation and reviews of policies and procedures, and development of enterprise compliance programs. Francois Cooke has over 20 years of experience with broker-dealers, investment advisers, and transfer agents. Francois recently led the securities segment of the Financial Services Regulatory Practice as a partner of a Big 4 accounting firm where he was employed for 8 years. Francois was previously a vice president of a nationally recognized consulting firm where, over a 3-year period, he conducted and managed a variety of engagements with broker-dealers and investment advisers. He served with the SEC for 5 years where he performed numerous examinations of broker-dealers, investment advisers and transfer agents becoming one of the senior staff accountants in the Southeast Regional Office in Miami, FL. Previously, he was with the NASD for 3 years as an examiner in the NASD’s Philadelphia district office conducting examinations of broker-dealers, preparing manual monthly financial analysis of FOCUS Reports, and participating in pre-membership interviews. He began his tenure with the NASD as an advertising analyst for a period of one year.
Comdata Network has promoted Greg Koren to senior vice president of sales for enterprise solutions. Greg will be directly responsible for overseeing the sales efforts for Comdata’s prepaid solutions, merchant solutions, and its new healthcare initiative. He will assist with building and implementing the sales strategy for each suite of payment solutions. Greg has been with Comdata for 21 years and most recently served as the vice president of sales for corporate payments, eastern region. -Business Wire
Zurich’s Surety, Credit and Political Risk group today announced the appointment of David H. Anderson as regional manager for Asia-Pacific. In this role, he will direct business operations for the group throughout the region, continuing to expand the group’s presence throughout Asia-Pacific. Anderson joined Zurich in August 2002. He most recently served as vice president and deputy regional manager - Asia-Pacific, where he established and developed Zurich Surety, Credit & Political Risk’s Australian and Singapore offices and provided underwriting guidance to regional underwriters. Prior to joining Zurich, Anderson was an underwriter at FCIA Management Corp., managing multi-buyer trade credit insurance programs for customers on the east coast of the United States. Previously, Anderson was with Citicorp International Trade Indemnity, underwriting political risk insurance for Citibank and other clients worldwide. Anderson succeeds Frederic Louat as regional manager for Asia-Pacific. Louat recently accepted the position as Zurich’s chief underwriting officer for Greater China and South East Asia, based in Hong Kong. -Business Wire
Rising Medical Solutions announced the appointment of Hany Abdelsayed as the director of business development for its Medicare Set Aside (MSA) administration services. Most recently he was director of sales for PMSI (formerly Health Advocates). -PR Newswire
Monday, June 29, 2009
Credit Suisse Group announced that Karl Landert, chief information officer of Credit Suisse, has been appointed to the executive board. As CIO, Mr. Landert is responsible for Credit Suisse’s information technology division. In this role he will continue to report to Brady W. Dougan, chief executive officer of Credit Suisse, based in Zurich. Karl Landert was appointed CIO of Credit Suisse with effect from March 1, 2008. Prior to this, he was Head of IT for Credit Suisse’s private banking division and a member of the private banking management committee. -SEC Filing
CB Richard Ellis Group announced that Ed Schreyer will assume the role of executive managing director of the industrial group starting in November. He will succeed Jim Dieter who is retiring after a 30-year career in commercial real estate. He is currently a senior vice president at CBRE and leads the Cincinnati global corporate services team. In his new role, Schreyer will oversee CB’s industrial services operations in the Americas. -The Cincinnati Enquirer
Inland Securities Corporation announced that Brian M. Conlon, executive vice president and national sales director, has been promoted to president effective July 1, 2009. Mr. Conlon’s role will include directing national sales, business development, strategic planning, and oversight of wholesaling operations and activities. Brenda G. Gujral is handing over her role as president of Inland Securities Corporation to focus her attention more exclusively on her position as president and chief executive officer of Inland Real Estate Investment Corporation. Martel Day, executive vice president of business development, is leaving Inland Securities Corporation to pursue a new opportunity within the industry. Mark Lavery, vice president of business development, and Vickie Stone, vice president of broker dealer relations will assume Mr. Day’s functions under the leadership of Mr. Conlon. -Business Wire
MidOcean Partners announced that Steve Shenfeld has joined the firm as president of its newly-formed MidOcean credit partners unit, where he will be responsible for building out a credit investment platform focused on middle market opportunities. Prior to joining MidOcean, Mr. Shenfeld managed a private equity fund for MD Sass, a $6 billion investment management organization, and previously was a general partner with Avenue Capital Group where he invested in a range of high yield and distressed debt strategies. Mr. Shenfeld has also worked at BancBoston Robertson Stephens as a managing director and group head for high yield capital markets and trading and was a partner at Bankers Trust where he worked with Ted Virtue, MidOcean’s CEO, and several other members of the MidOcean team. Joining Mr. Shenfeld at MidOcean are Mike Apfel, managing director and Jim Wiant, principal, who previously worked together at Deerfield Capital where they were responsible for building and managing Deerfield’s middle market debt business. Mr. Apfel has over 18 years of credit market experience and previously worked with Mr. Virtue at Bankers Trust. Mr. Apfel also worked at Bank of America and Chemical Bank. Also joining the MidOcean team is Scott O’Callaghan, managing director, who previously worked with Messrs. Virtue and Shenfeld at Bankers Trust and most recently was global head of Leveraged Sales at Bank of America. -PR Newswire
The Adams Express Company and Petroleum & Resources Corp. elected Brian S. Hook as treasurer. Prior to joining the companies in September 2008, Hook was a vice president at T. Rowe Price Associates and a senior manager in its investment treasury group, where he focused on accounting, reporting and valuation policies for global investment products. He is a chartered financial analyst and a certified public accountant. -The Daily Record (Baltimore, MD)
Bancorp Of New Jersey, the holding for Bank of New Jersey announced the promotion of Michael Lesler to president and chief operating officer of the company and the bank. Mr. Lesler was also appointed to the board of directors of the company and the bank effective June 24, 2009. Mr. Lesler has served as executive vice president and chief financial officer of the company and the bank and previously served as senior vice president and chief financial officer of Bridge View Bank, Englewood Cliffs, New Jersey. Prior to Bank of New Jersey, Mr. Lesler served as senior vice president of Interchange Capital Company, the wholly owned leasing subsidiary of Interchange Bank. -PrimeNewswire
Heartland Bank hired Melissa R. Wilson as senior vice president, wealth management/retail services. -St. Louis Post-Dispatch
