Jesup & Lamont Announces Industry Veteran Michael Petrycki to Lead Equities Division
21 Août 2009 - 2:30PM
PR Newswire (US)
NEW YORK, Aug. 21 /PRNewswire-FirstCall/ -- Jesup & Lamont,
Inc. (NYSE Amex: JLI), the parent company of Jesup & Lamont
Securities Corp., is pleased to announce that Michael Petrycki,
Vice Chairman, Jesup & Lamont Securities Corp., has been chosen
to lead Jesup's Global Equities expansion. Michael Petrycki has
many years of experience in senior management to include President
of Furman Selz and Chairman & CEO of ING Barings Americas.
"Mike's decision to come off the bench and help us build out our
equity platform not only will provide proven leadership and
experience, it should make it a certainty that Jesup will become
one of the premier equity boutiques on the street," said Jesup's
CEO, Alan Weichselbaum. "Mike's experience, skill sets and rolodex
should have an immediate impact on Jesup's equity division and
research product, and we are thankful for Mike's decision to help,"
added Weichselbaum. "Jesup's 130 year history and heritage, when
coupled with the talent at Jesup and the available expertise on the
street, made this an easy decision. I look forward to building an
institutional product that our customers and shareholders will be
proud of," said Michael Petrycki, Vice Chairman & Managing
Director of Equity Capital Markets, Jesup & Lamont Securities
Corp. About Jesup & Lamont, Inc. Established in 1877, Jesup
& Lamont, Inc. has an extensive history on Wall Street, with
its origins encompassing such successes as providing brokerage
services to Standard Oil and raising capital for the construction
of Rockefeller Center. Jesup & Lamont, through its two wholly
owned brokerage subsidiaries, offers full service broker-dealer and
registered investment advisory services through approximately 120
producing registered representatives in over 16 locations including
offices in New York, San Francisco, Boston, Boca Raton, Chicago,
Fort Lauderdale and Orlando. The Company's Jesup and Lamont
Securities Corporation subsidiary also publishes proprietary
research on several industries including Aerospace/Defense,
Alternative Energy and Life Sciences/Healthcare and offers
comprehensive investment banking services. Forward-Looking
Statement Disclaimer This press release contains "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve known
and unknown risk, uncertainties or other factors which may cause
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements. Factors that might cause such a difference include,
without limitation, fluctuations in the volume of transactional
services provided by the Company, competition with respect to
financial services commission rates, the effect of general economic
and market conditions, factors affecting the securities brokerage
industry as well as other risks and uncertainties detailed from
time to time in the Company's Securities and Exchange Commission
filings. The Company undertakes no obligation to revise or update
any forward-looking statement. DATASOURCE: Jesup & Lamont, Inc.
CONTACT: Donald A. Wojnowski Jr., President of Jesup & Lamont
Inc., Florida, +1-321-327-7933, NY, +1-212-307-2660, Cell,
+1-321-480-7519, Web Site: http://www.jesuplamont.com/
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