Dahlman Rose & Co. Announces Departure of Co-Founder Ernie Dahlman

NEW YORK, Aug. 3, 2011 /PRNewswire/ -- Dahlman Rose & Company, LLC, a leading investment bank specializing in natural resources, transportation, and other industries in the global supply chain, announced today that its co-founder, Ernie Dahlman, has decided to resign from the firm to pursue other interests. He will remain a member of the firm's Board of Directors.

Mr. Dahlman, stated, "It has been an honor and a privilege to serve this great firm since its inception in 2004. Dahlman Rose has experienced significant growth during my time here.  As the firm's largest shareholder, I am confident that the firm will continue to thrive under the strong leadership of our Chairman and Chief Executive Officer, Kim Fennebresque and the team.  I look forward to staying involved with the firm by continuing to serve on its Board of Directors."

Kim Fennebresque stated, "Ernie has worked tirelessly to help build Dahlman Rose since its founding, and we thank him for all of his efforts. We wish him the best as he enters a new phase in his life. Looking ahead, Dahlman Rose remains well positioned for future success. I am pleased Ernie will remain an active member of our Board and continue to provide advice and counsel as we continue the firm's tradition of providing superior service and domain expertise on behalf of our clients."

ABOUT DAHLMAN ROSE & CO.

Dahlman Rose & Co., LLC (MEMBER: FINRA/SIPC) is a research-driven investment bank focused on energy, transportation, infrastructure, and other industries that compose the global supply chain. The firm's industry-leading analysts, bankers, and traders offer unique insight into the companies and markets that provide the building blocks of the global economy. Dahlman Rose is headquartered in New York and has offices in Boston and Houston. Dahlman Rose provides institutional sales and trading, equity and fixed income research, mergers and acquisitions advisory, and underwriting services. For more information regarding Dahlman Rose, please visit www.drco.com.

SOURCE Dahlman Rose & Company, LLC

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