Gabelli Securities, Inc. announced today that Salvatore F. Sodano has
joined its board of directors as Vice Chairman, increasing the board to
seven members. Mr. Sodano, Chairman & CEO of Worldwide Capital Advisory
Partners, was formerly Chairman & CEO of the American Stock Exchange and
Vice Chairman of the NASD, where he previously had served as Chief
Operating Officer and Chief Financial Officer. Mr. Sodano was also
Chairman of Hofstra University’s Board of Trustees and subsequently
became Dean of its Frank G. Zarb School of Business from 2006 to 2010.
Mr. Sodano received his graduate and undergraduate degrees at Hofstra
University.
C.V. McGinity, President of G.research, the institutional research
services subsidiary of Gabelli Securities Inc. which provides research
and trade execution services to hedge funds, mutual funds and other
institutional money managers, said, “We are fortunate to have Sal
Sodano’s wealth of knowledge of global financial markets. We look
forward to his contributions as we execute on our growth plans for
G.research.”
Mr. Sodano noted, “Gabelli Securities has a terrific, nearly 30 year
record in the hedge fund business, specifically in Merger Arbitrage and
is extending it to other core competencies. Importantly, the company has
built a first-rate institutional research firm at G.research. It is a
privilege for me to join the board of Gabelli Securities to help guide
it to the next level in both businesses.”
Gabelli Securities, Inc., through its subsidiaries, acts as general
partner and investment manager to investment partnerships and offshore
funds. G.research, Inc., the institutional research services business
was founded in 1976 as Gabelli & Company, Inc. and was re-branded in
March 2013.
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