Siebert Financial Corporation announced the appointment of Suzanne Shank as Acting CEO of the Company and its wholly owned subsidiary, the discount broker/dealer and institutional investment bank, Muriel Siebert & Co., Inc., effective September 16, 2013.
The Company was founded by Muriel F. "Mickie" Siebert, who died on August 24, 2013. The board of directors named current board members Jane H. Macon as chairwoman, and Robert Mazzarella as vice chairman.
A 25 year veteran of the industry, Shank will also continue in her role as President and CEO of the municipal finance firm Siebert Brandford Shank & Co., L.L.C., which she co-founded with Siebert and Napoleon Brandford in 1996.
“I am deeply honored to be named Acting CEO of the Company founded by Wall Street Legend Muriel F. Siebert, said Shank in a statement. Mickie was not only a trailblazer on Wall Street but a wonderful partner, mentor and friend. Our partnership was extremely successful as we shared a penchant for sound business practices and integrity in the industry."
“We are extremely pleased to have Suzanne as our CEO, and with her considerable expertise and experience, we are confident she will provide strong leadership and strategic vision to grow our business while furthering the important values and devotion to client services established by Mickie," said Jane H. Macon, Chairwoman in a statement.
Macon has been a Partner in the law firm of Fulbright & Jaworski L.L.P., San Antonio, TX, since 1984. Macon became a director of Siebert Financial Corp. in 1996.
Mazzarella, vice chairman, retired from Fidelity Investments Brokerage Services LLC in January 2002, at which time he served as its president. He became a director of Siebert Financial Corp. in 2004.