Thomas Giardi, David Nixon and William Pope Join the Firm as Managing
NEW YORK--(BUSINESS WIRE)--May. 10, 2012--
Gleacher & Company Securities, Inc., a broker-dealer subsidiary of
Gleacher & Company, Inc. (Nasdaq: GLCH), today announced that Thomas T.
Giardi, David C. Nixon and William H. Pope have joined the Investment
Grade Credit Group of the firm’s Corporate Credit Division as Managing
Messrs. Giardi, Nixon and Pope deepen Gleacher & Company’s corporate
bond sales and trading capabilities. They will support the firm’s market
making activities as well as transactions in the corporate bond markets.
These additions are the latest in a series of recent hires that have
significantly expanded Gleacher & Company’s fixed income platform.
Thomas Hughes, Chief Executive Officer, said, “We are making great
strides in growing our Corporate Credit Division and in solidifying
Gleacher & Company’s position as a leader in fixed income. I am pleased
with our growth and progress in executing against our strategic plan,
both of which are underscored by these outstanding new hires in
Investment Grade Credit.”
Geoffrey Coley, Managing Director and Head of Gleacher & Company’s
Corporate Credit Division, said, “Tom, Dave and William bring
complementary talents in sales and trading to our Investment Grade
Credit Group. Tom’s proven experience developing and leading investment
grade credit teams, Dave’s reputation for building and supporting client
relationships, and William’s track record of superior trading and market
making capabilities will be invaluable as we build on our already strong
position in corporate credit. We welcome them to the team.”
Messrs. Giardi, Nixon and Pope said, “This is an exciting time to join
Gleacher & Company as the firm continues to grow its Corporate Credit
Division and expand its fixed income platform. Gleacher & Company has a
unique model and approach, and we look forward to leveraging our
experience to better-support clients, enhance the firm’s relationships
and drive growth.”
About Mr. Giardi
Mr. Giardi has more than a decade of corporate bond trading experience.
Prior to joining Gleacher & Company, he was a Managing Director for
Corporate Bond Trading at US Bancorp Investments, Inc., where he was a
founding member of US Bancorp’s Investment Grade Cash Trading team
specializing in banks, brokers and finance companies. Previously, he was
a Director of Corporate Bond Trading at Citigroup Global Markets, where
he was a high volume trader and helped develop Citigroup’s presence as
market maker. He began his career as a corporate bond trader at Wachovia
Capital Markets as a Vice President of Corporate Bond Trading. Mr.
Giardi received a B.A. in Economics from Harvard University.
About Mr. Nixon
Mr. Nixon has more than 25 years of fixed income sales experience. He
joins Gleacher & Company from Mitsubishi UFJ Securities (USA), Inc.
where he was an Executive Director of Credit Sales. Prior to that, he
served as a Director of Credit Sales at Knight Libertas LLC. Previously,
he was an Executive Director of Credit Sales at Barclays Capital Inc. He
spent most of his career at the Fixed Income Division of Morgan Stanley
& Co., Inc, where he was most recently an Executive Director of Credit
Sales. He also served in various roles for Morgan Stanley’s
International Sales, as well as Fixed Income Sales and Corporate Bond
Trading. Mr. Nixon received an M.B.A in Finance and International
Business from Columbia University Business School and a B.A. in English
from Princeton University.
About Mr. Pope
Mr. Pope joins Gleacher & Company from Citigroup, where he was a
Director in credit trading specializing in corporate bonds and credit
default swaps of high-grade telecom, media, technology and cable
companies. Prior to Citigroup, he was a Managing Director at Caprok
Capital and Merrill Lynch, where he spent ten years working in credit
sales, trading and serving as a portfolio manager in the credit
proprietary trading group. Prior to Merrill Lynch, Mr. Pope worked in
sales and trading at Salomon Smith Barney Inc., Fuji Bank, Ltd. and
Discount Corporation of New York. He graduated from Cornell University
with a B.A. in Government, and earned his M.B.A. from Duke University's
Fuqua School of Business.
About Gleacher & Company, Inc.
Gleacher & Company, Inc. (Nasdaq: GLCH) is an independent investment
bank that provides corporate and institutional clients with strategic
and financial advisory services, including merger and acquisition,
restructuring, recapitalization, and strategic alternative analysis, as
well as capital raising, research based investment analysis, and
securities brokerage services, and through a new subsidiary, engages in
residential mortgage lending. For more information, please visit www.gleacher.com.
This press release contains “forward-looking statements.” These
statements are not historical facts but instead represent the Company’s
belief regarding future events, many of which, by their nature, are
inherently uncertain and outside of the Company’s control. The Company’s
forward-looking statements are subject to various risks and
uncertainties, including the conditions of the securities markets,
generally, and demand for the Company’s services within those markets
and other risks and factors identified from time to time in the
Company’s filings with the Securities and Exchange Commission. It is
possible that the Company’s actual results and financial condition may
differ, possibly materially, from the anticipated results and financial
condition indicated in its forward-looking statements. You are cautioned
not to place undue reliance on any forward-looking statements. The
Company does not undertake to update any of its forward-looking
Source: Gleacher & Company, Inc.
Gleacher & Company, Inc.
Chief Executive Officer
Frank, Wilkinson Brimmer Katcher
Nick Lamplough / Brendan Riley,