Leadership

Wells Fargo: Erik Karanik Named As Head Of WIM Independent Solutions

By Amit Chowdhry ● Feb 26, 2024

Wells Fargo & Company announced Erik Karanik as the head of Independent Solutions for its Wealth & Investment Management (WIM) business. And he will report to WIM Chief Executive Officer Barry Sommers and will remain on the WIM Operating Committee.

Stratos Wealth Partners Brings In Pettinelli Financial Partners Of California

By Amit Chowdhry ● Feb 26, 2024

Stratos Wealth Partners (a part of Stratos Wealth Holdings) announced it has successfully recruited Pettinelli Financial Partners of Redwood City, California, with $700 million in total client assets. And founder and Firm Ambassador Dennis Pettinelli, President Jon Pettinelli and their team of 20, which includes advisors and support members, will join Stratos. The firm was formerly affiliated with Osaic's Royal Alliance.

Snowden Lane Partners Brings In $208 Million Advisor Team

By Amit Chowdhry ● Feb 26, 2024

Snowden Lane Partners (an independent, advisor-owned, wealth advisory firm dedicated to providing client-focused advice in a values-driven culture) announced that Ornella and Brian Solomon have joined the firm as Managing Directors, based in Snowden Lane’s New York City headquarters. Together, the mother-son wealth management team will form The Lewis-Solomon Group with $208 million in client assets and have selected Charles Schwab as their custodian.

Global X ETFs Names Ryan O’Connor As CEO

By Amit Chowdhry ● Feb 23, 2024

Global X ETFs - a New York-based provider of exchange-traded funds (ETFs) - announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. And O’Connor will oversee the firm's strategy, reinvigorating its product suite and leading Global X's talented, performance-driven team into a new, growth-focused era for the company.

Willkie Names Briony Pollard As Data Privacy Partner In London

By Amit Chowdhry ● Feb 23, 2024

Willkie Farr & Gallagher LLP announced that data privacy attorney Briony Pollard has joined the firm as a partner. She is based in the firm’s London office and is part of Willkie’s Privacy, Cybersecurity & Data Strategy practice group.

Nova Clean Energy Names Dylan Reeves As SVP of Commercial Operations

By Amit Chowdhry ● Feb 23, 2024

Nova Clean Energy announced the appointment of Dylan Reeves as Senior Vice President of Commercial Operations. Reeves joins Nova from its controlling shareholder Bluestar Energy Capital where he has played a central role in BEC’s rapid growth as a member of the founding team, including its entry into the Australian market and the formation and growth of Nova Clean Energy. In his new role, Reeves will lead Nova’s M&A as well as procurement, construction, and asset management functions.

Rice University President Reginald DesRoches Joining TI Board

By Amit Chowdhry ● Feb 22, 2024

Texas Instruments has announced that Reginald DesRoches, president of Rice University, has been elected to TI's board of directors, effective March 1.

MPOWER Financing Names Jatin Rajput As Chief Financial Officer

By Amit Chowdhry ● Feb 22, 2024

MPOWER Financing (a mission-driven fintech firm and the leading provider of non-cosigned loans to promising students from around the world) announced the appointment of Jatin Rajput as Chief Financial Officer (CFO). Rajput will step down from MPOWER's board and will be replaced by MPOWER's previous CFO Rob Partlow, who is retiring from full-time work and will join MPOWER's Board of Directors.

First Reserve Names Todd Tomlin As Managing Director And Co-Head of Capital Formation

By Amit Chowdhry ● Feb 22, 2024

First Reserve (a leading global private equity investment firm exclusively focused on investing across diversified energy, utility, and general industrial end-markets) announced that Todd Tomlin has joined the firm as Managing Director. And he will serve as Co-Head of Capital Formation alongside Ed Bialas, Managing Director and Co-Head of Capital Formation.

Coalesce Capital Names Jonathan Gurss As Partner

By Amit Chowdhry ● Feb 22, 2024

Coalesce Capital (a private equity firm investing in human capital-driven and technology-enabled services companies) announced the appointment of Jonathan Gurss as a Partner to strengthen its senior investment leadership.

Dynasty Financial Partners: Tim Oden Named As Executive-In-Residence

By Amit Chowdhry ● Feb 22, 2024

Dynasty Financial Partners (a leading wealth management platform for independent firms) announced that industry veteran Tim Oden has joined as an Executive-in-Residence for 2024. Dynasty is one of the top liberators in the industry, helping advisors gain their independence while supporting them in building better businesses and caring for their clients. Currently, 52 firms representing 330 advisors comprise the Dynasty network, and the firm maintains over $88 billion on its core technology platform (As of December 2023).

Code Ninjas Reveals New Executive Leadership Team And Moves HQ To Atlanta

By Amit Chowdhry ● Feb 22, 2024

Code Ninjas (a renowned name in children's coding education) has officially revealed its new executive leadership team at the brand's helm as it moves to Atlanta from Houston for its new headquarters.

Hill Dickinson Hires James Harmer For London-Based Team

By Amit Chowdhry ● Feb 22, 2024

Law firm Hill Dickinson announced the hire of James Harmer, who joins the London team as a corporate partner specializing in debt capital market transactions. Harmer joins Hill Dickinson’s Business Services Group, and his practice bolsters Hill Dickinson’s existing corporate finance, banking, and financial law services in the City, where he will cover both private placements of debt and issuances in the public markets.

TerraPay Names Ruben Salazar Genovez As President

By Amit Chowdhry ● Feb 21, 2024

TerraPay (a global money movement company) has announced the appointment of Ruben Salazar Genovez, recently the Global Head of Visa Direct, as President. And as a seasoned veteran of the payments industry with experience at Visa, Citibank, Barclays and Mastercard, Salazar Genovez has established himself as a respected leader in the payments industry. Before joining TerraPay, he served as the Head of Visa Direct globally where he successfully spearheaded various initiatives contributing to the growth and transformation of Visa's money movement offering.

Insight Global Names Cillian Maher As President Of Professional Services Division

By Amit Chowdhry ● Feb 21, 2024

Insight Global recently announced the appointment of Cillian Maher as President of Evergreen, Insight Global's Professional Services Division. Maher's appointment aligns with the company's continued investment in Evergreen - which delivers world class technical and talent services to clients around the globe.

Vistra Names Abdel Hmitti As Managing Director And Global Head of Funds

By Amit Chowdhry ● Feb 21, 2024

Vistra (one of the world’s leading funds service providers) announced the appointment of Abdel Hmitti as Managing Director and Global Head of Funds. Reporting to William Douglas (Vistra's Chief Commercial Officer), Hmitti’s addition to the team marks a significant milestone in Vistra's growth journey.

Norwest Venture Partners Promotes Leadership Team Members

By Amit Chowdhry ● Feb 18, 2024

Norwest Venture Partners (a global venture capital and growth equity investment firm) announced six promotions across its Leadership and Investment teams. The promotions will further bolster the firm's ability to partner with early-to late-stage companies across the US, India, and Israel enterprise, consumer, and healthcare sectors.

Cetera Brings In $312 Million Team Regal Wealth Advisors

By Amit Chowdhry ● Feb 16, 2024

Cetera Financial Group (the premier financial advisor Wealth Hub) announced that Regal Wealth Advisors has joined Summit Financial Networks, a region of Cetera Advisor Networks LLC. And Regal Wealth provides comprehensive planning and investment advice to clients and had more than $312 million in assets under administration as of February 2, 2024. The group – which was co-founded by Michael McCarthy, CFP, CLU, ChFC, and Andrew S. Pincus, JD, CPA, CFP and accompanied by long-time investment professional Fred DaVeiga, CPA, CFP, is based out of Myrtle Beach, S.C. and joined Cetera Advisor Networks from LPL Financial.

Vista Equity Partners Names Dan Parant As Global Head of Private Wealth Solutions

By Amit Chowdhry ● Feb 16, 2024

Vista Equity Partners (a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses) announced the appointment of Dan Parant as Managing Director and Global Head of Private Wealth Solutions. In this new position, Parant will report to Vista’s Global Head of Capital and Partner Solutions, Greg Myers, and will accelerate Vista’s efforts to expand access to investing in private technology companies for financial advisors and their clients globally.

Dechert Expanding Private Credit And Leveraged Finance Capabilities With Eliot L. Relles As Partner

By Amit Chowdhry ● Feb 15, 2024

Dechert LLP announced the addition of Eliot L. Relles as a partner in its corporate and securities practice group, enhancing the firm’s capabilities in leveraged finance and private credit. Relles will be based in the firm’s New York office.

Mercer Advisors Hires Five RIA Industry Veterans

By Amit Chowdhry ● Feb 14, 2024

Mercer Global Advisors - a national Registered Investment Adviser (RIA) firm - announced the recent hiring of multiple experienced executives to bolster the firm's inorganic growth strategies, including key hires on the firm's M&A teams.

American Electric Power Names Two New Directors

By Amit Chowdhry ● Feb 13, 2024

American Electric Power announced that it has agreed with Icahn Capital L.P. and certain of its affiliates, under which Hunter C. Gary, senior managing director at Icahn Enterprises L.P., and Henry (Hank) P. Linginfelter, retired executive vice president of Southern Company Gas, will join AEP's Board of Directors, effective now.

Stifel Hires Stofan Agazzi Investments Team

By Amit Chowdhry ● Feb 13, 2024

Stifel Financial announced that Stofan Agazzi Investments has joined the firm’s independent contractor broker-dealer subsidiary Stifel Independent Advisors, LLC. Based in Joliet, Illinois, Stofan Agazzi Investments is headed by 36-year investment industry veteran Mark Stofan, CFP, President.

UBS Private Wealth Management Brings In $2 Billion Advisor Team

By Amit Chowdhry ● Feb 10, 2024

UBS Private Wealth Management announced that Financial Advisors Matthew Foley, Lawrence DeLuise and Christopher Butler have joined the firm. And together with their team, Foley, DeLuise & Associates, they manage over $2 billion in client assets for ultra-high net worth individuals and families. Matt, Larry, and Chris are also joined by team members Jason Lipp, Deanna Wilson, Lori Macaluso, Greg Romano, Linsey Serafino, and Emily Buske.

Verily Names Myoung Cha As Chief Product Officer

By Annie Baker ● Feb 6, 2024

Verily (an Alphabet precision health technology company) announced the appointment of Myoung Cha as Chief Product Officer. And Cha will join Verily’s leadership team to lead strategy and development across the company’s care (Verily Onduo), research (Verily Viewpoint), and products (Verily Numetric) portfolio as the company furthers its precision health strategy.

KKR: Digital Global Education Platform Launched For Advisors And Investors

By Amit Chowdhry ● Jan 22, 2024

KKR - a leading global investment firm - recently unveiled "KKR Alternatives Unlocked," a digital platform designed to empower financial advisors and their clients to understand the alternative investing landscape better.

MyFitnessPal: Mike Fisher Named As CEO

By Dan Anderson ● Jan 22, 2024

MyFitnessPal - a leading global nutrition and food tracking app - recently announced the appointment of Mike Fisher as Chief Executive Officer (CEO). Fisher succeeds Dinesh Lathi, who will remain involved with the company as a member of the Board of Directors. Under Fisher's leadership, MyFitnessPal will further its mission of helping people worldwide improve their health through better food choices.

LivePerson: John Sabino Named As CEO

By Annie Baker ● Jan 9, 2024

LivePerson - a global leader in enterprise conversations - announced today that its Board of Directors has appointed John Sabino as CEO, effective January 10, 2024. Sabino will become a member of the LivePerson Board on that date.

Twilio: Khozema Shipchandler Named As CEO

By Amit Chowdhry ● Jan 9, 2024

Twilio - the customer engagement platform that drives real-time and personalized experiences for today’s leading brands - announced that Khozema Shipchandler, formerly President of Twilio Communications, has been appointed Chief Executive Officer and will join the company’s Board of Directors, effective immediately. Shipchandler is succeeding Jeff Lawson, Twilio’s co-founder, who is stepping down as CEO and as a member of the Twilio Board. Jeff Epstein (a member of the Twilio Board and Lead Independent Director since 2017) has been appointed as Chair of the Twilio Board.

Stanford Byers Center for Biodesign Co-Founder Dr. Josh Makower Joins Sofinnova Partners

By Amit Chowdhry ● Jan 5, 2024

Sofinnova Partners - a leading European life sciences venture capital firm based in Paris, London, and Milan - recently announced that Dr. Joshua Makower, co-founder and director of the Stanford Byers Center for Biodesign, has joined Sofinnova as an advisory Venture Partner.