Management Changes
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Westwood Holdings Group, Inc. (NYSE: WHG) today announced the appointment of Mark Freeman, CFA as Chief Investment Officer, having shared the role with Westwood’s founder, Susan M. Byrne, since January 2011. Mark has led the firm’s Income Opportunity team since its inception in 2003 and, together with Jay Singhania, Todd Williams, Lisa Dong, Scott Lawson and David Spika, Mark has been a key member of Westwood’s flagship LargeCap Value team for more than a decade.
Ms. Byrne, Founder and Chairman of the Board, will remain at Westwood, working with Westwood’s President & CEO, Brian Casey, and the Board of Directors on Westwood’s strategic global initiatives, and supporting the leadership of the investment area.
Caterpillar Inc. (NYSE: CAT) announced today that Richard Case, vice president with responsibility for the Marine & Petroleum Power Division, has elected to resign from the company to pursue other opportunities. Case's departure from Caterpillar will be effective May 1, 2012.
Caterpillar's board of directors has appointed Tom Frake to replace Case as vice president, Marine & Petroleum Power Division. Frake's appointment is effective April 1, 2012. Frake began his career at Caterpillar in 1986, and has held a series of positions with increasing responsibility at Caterpillar locations in North America, Asia and South America. Frake is currently based in Singapore, where he is the worldwide product manager for hydraulic excavators. He will relocate to Hamburg, Germany, in his new role leading the Marine & Petroleum Power Division.
"I want to thank Richard for his valued contributions to Caterpillar, where the majority of his fourteen-year career was spent in our engine business," said Gerard Vittecoq, Caterpillar group president with responsibility for Energy & Power Systems. "We wish Richard well in his new endeavors."
Caterpillar Inc. (NYSE: CAT) announced today that Richard Case, vice president with responsibility for the Marine & Petroleum Power Division, has elected to resign from the company to pursue other opportunities. Case's departure from Caterpillar will be effective May 1, 2012.
Caterpillar's board of directors has appointed Tom Frake to replace Case as vice president, Marine & Petroleum Power Division. Frake's appointment is effective April 1, 2012. Frake began his career at Caterpillar in 1986, and has held a series of positions with increasing responsibility at Caterpillar locations in North America, Asia and South America.
First Financial Service Corporation (NASDAQ: FFKY) today announced the following changes in the leadership of the Company and its subsidiary, First Federal Savings Bank of Elizabethtown.
Senator Walter Dee Huddleston is stepping down as the Chairman of the Board after diligently serving in this capacity for the past 15 years. Senator Huddleston will continue as a director, offering the benefit of his banking experience and knowledge as an active member of the Board for 46 years.
J. Stephen Mouser has been appointed as the Board's new Chairman. He is the President of Mouser Custom Cabinetry, LLC, a family-owned cabinet manufacturer employing 195 employees in Elizabethtown, Kentucky. A director since 1997, Mr. Mouser has served on a variety of Board committees of the Company and the Bank, where his extensive experience in managing business ventures has provided an entrepreneurial perspective.
E*TRADE Financial Corporation (NASDAQ: ETFC) today announced Rodger A. Lawson and Rebecca Saeger have been appointed to the Company’s Board of Directors effective February 10, 2012. Additionally, the Company announced Lewis E. Randall is retiring after almost 30 years of service on the Board effective February 10, 2012.
Lawson is a distinguished executive who most recently served as President and CEO of Fidelity Investments – Financial Services, where he is widely credited with leading significant improvements in operational efficiency and performance, and successfully guiding Fidelity through very challenging market conditions.
Saeger was Executive Vice President and Chief Marketing Officer at Charles Schwab from 2004 through 2010. She partnered with the company’s CEO to help shape the corporate vision and purpose, and revitalized the Schwab brand. She had responsibility for Schwab’s marketing, driving growth through a period of unprecedented challenges for investors and financial markets.
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