Dahlman Rose & Company Announces New Management Appointments
NEW YORK, June 30, 2011 /PRNewswire/ -- Dahlman Rose & Company, LLC, a leading investment bank specializing in natural resources, transportation, and other industries in the global commodities supply chain, announced today that its co-founder, President and Chief Executive Officer, Simon Rose, has elected to retire. The Dahlman Rose Board of Directors has appointed its Chairman, Kim Fennebresque, Chief Executive Officer. Donald Motschwiller has been named President.
Mr. Rose, stated, "I have been incredibly proud to lead this firm since inception and am excited about the bright future ahead. It was my hope when I asked Kim to join our firm as Chairman that he would assume a senior leadership role, and this appointment realizes that goal."
Mr. Fennebresque, who joined Dahlman Rose in 2010, most recently served as Chairman and Chief Executive Officer of Cowen Group, Inc. Previously, he was with UBS where he served as head of corporate finance and mergers & acquisitions. Prior to that Mr. Fennebresque served as General Partner and Co-Head of Investment Banking at Lazard Freres & Co. In June 2009, Mr. Fennebresque was designated by the US Department of the Treasury to serve on the Board of Ally Financial (formerly GMAC).
Mr. Motschwiller joined Dahlman Rose in early 2011. Most recently, Mr. Motschwiller served as Co-President and Managing Partner of First New York Securities LLC and was the CEO and President of EFX Capital / Prime Services. Previously, he was an owner and principal of Carlin Financial Group.
Mr. Rose stated, "Since joining us Donald has quickly earned a position of leadership within our firm. He brings a long career of successful business building that will benefit Dahlman Rose as we continue to grow for years to come."
Founded in 2004, Dahlman Rose has expanded rapidly to offer full-service investment banking advisory and underwriting services across thirty industry sub-sectors. Mr. Fennebresque commented, "I am very pleased to have the opportunity to lead this fine firm. Dahlman Rose has achieved extraordinary success in a relatively brief period, and I look forward to expanding on that record. I am also very grateful that Simon will remain a major shareholder and an active member of our Board."
Remarked Donald Motschwiller, "Looking toward the future, Dahlman Rose is poised to become the premier independent advisor to companies within the global natural resources supply chain. Our depth of talent and knowledge is unparalleled. This is an exciting time and we look forward to leading Dahlman Rose as it expands its platform."
About Dahlman Rose & Co., LLC
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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