Current HilltopSecurities CEO Hill A. Feinberg to Remain as Chairman
DALLAS--(BUSINESS WIRE)--
Dallas-based Hilltop Holdings Inc. (NYSE: HTH) today announced M.
Bradley Winges is joining its broker-dealer subsidiary, Hilltop
Securities Inc., as President and Chief Executive Officer, effective
Feb. 20, 2019. Winges will succeed HilltopSecurities Chairman and CEO
Hill A. Feinberg, who will remain with the firm as chairman.
“Brad is an exceptional securities industry leader whose talents and
extensive experience directly align with the strategic goals, business
mix and culture of HilltopSecurities,” said Hilltop Holdings’ Co-CEO and
President Jeremy B. Ford. “Hill was instrumental in Brad’s selection as
his successor, and we are fortunate to have his continued support and
guidance as we move forward.”
“I have known Brad for several years and I am proud to welcome him as
President and CEO of HilltopSecurities,” Feinberg said. “Brad’s addition
marks a significant milestone in the growth of our firm and I look
forward to working with him as we continue to advance our business in
key markets across the country.”
“With its diverse mix of complementary business lines and deep roots in
the municipal market, HilltopSecurities represents a compelling
opportunity,” Winges said. “I have great respect for the history and
culture of the firm, and I look forward to relocating to Dallas to lead
such a strong organization.”
Winges brings three decades of experience to his role at
HilltopSecurities, primarily at Piper Jaffray where he was senior
executive managing director. During his time at the company, he served
as a member of the leadership team, head of fixed income services and
firm investments and trading, president of Piper Jaffray Investment
Management, and head of municipal sales and trading, among other roles.
He has also led the firm’s risk management efforts and balance sheet
investing and funding. Early in his career while at the Chicago
Mercantile Exchange, he was one of the youngest futures and licensed
seat exchange traders in the United States.
Winges is a past two-term chairman of the Bond Dealers of America (BDA)
board of directors and currently serves on the board’s executive
committee and as co-chair of the BDA’s fixed income market structure
committee. He is a founding member of the American Securities
Association and was appointed to the Securities and Exchange
Commission’s fixed income market structure committee earlier this year.
He earned a bachelor of science in economics and finance from the
University of Wisconsin – Madison.
“We are extremely proud to attract such an accomplished and talented
executive to our organization,” said Hilltop Holdings’ Co-CEO and Vice
Chairman Alan B. White. “Brad’s decision to join our firm speaks very
highly of HilltopSecurities’ strength and strategic position.”
About Hilltop Holdings Inc.
Hilltop Holdings is a Dallas-based financial holding company. Its
primary line of business is to provide business and consumer banking
services from offices located throughout Texas through PlainsCapital
Bank. PlainsCapital Bank’s wholly owned subsidiary, PrimeLending,
provides residential mortgage lending throughout the United States.
Hilltop Holdings’ broker-dealer subsidiaries, Hilltop Securities Inc.
and Hilltop Securities Independent Network Inc., provide a full
complement of securities brokerage, institutional and investment banking
services in addition to clearing services and retail financial advisory.
Through Hilltop Holdings’ other wholly owned subsidiary, National Lloyds
Corporation, it provides property and casualty insurance through two
insurance companies, National Lloyds Insurance Company and American
Summit Insurance Company. At September 30, 2018, Hilltop employed
approximately 5,300 people and operated approximately 450 locations in
44 states. Hilltop Holdings’ common stock is listed on the New York
Stock Exchange under the symbol "HTH." Find more information at
Hilltop-Holdings.com, PlainsCapital.com, PrimeLending.com,
Nationallloydsinsurance.com and Hilltopsecurities.com.
About Hilltop Securities Inc.
Hilltop Securities Inc., a member of NYSE, FINRA and SIPC, delivers
forthright advice and tailored solutions for municipal issuers,
institutions, broker-dealers and individuals. The financial services
firm and registered investment adviser is headquartered in Dallas,
Texas, with offices across the United States. Areas of focus include
public finance, municipal and taxable fixed income underwriting, sales
and trading; equity and portfolio trading; retail brokerage services;
securities clearing; structured finance; and securities lending.
HilltopSecurities is a wholly owned subsidiary of Hilltop Holdings Inc.
Learn more at www.HilltopSecurities.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
performance or achievements to be materially different from any future
results, performance or achievements anticipated in such statements.
Forward-looking statements speak only as of the date they are made and,
except as required by law, we do not assume any duty to update
forward-looking statements. Such forward-looking statements include, but
are not limited to, statements concerning such things as our plans,
objectives, strategies, expectations, intentions, growth, strategic
direction and other statements that are not statements of historical
fact, and may be identified by words such as “anticipates,” “believes,”
“could,” “estimates,” “expects,” “forecasts,” “goal,” “intends,” “may,”
“might,” “plan,” “probable,” “projects,” “seeks,” “should,” “target,”
“view” or “would” or the negative of these words and phrases or similar
words or phrases. For a discussion of certain factors that could cause
our actual results to differ materially from those described in the
forward-looking statements, please see the risk factors discussed in our
most recent Annual Report on Form 10-K and subsequent Quarterly Reports
on Form 10-Q and other reports that are filed with the Securities and
Exchange Commission. All forward-looking statements are qualified in
their entirety by this cautionary statement.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181212005819/en/
Media Contact:
Ben Brooks | 214.252.4047
ben.brooks@hilltop-holdings.com
Investor Relations Contact:
Isabell Novakov | 214.252.4029
inovakov@hilltop-holdings.com
Source: Hilltop Holdings Inc.