STOCK TITAN

ASHFORD SECURITIES ANNOUNCES PROMOTION & NEW HIRES

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary

Ashford Securities has promoted Ben Hilgers to Senior Vice President, National Sales Manager, reflecting confidence in his extensive industry experience and leadership potential. Additionally, Seif Refaat becomes Sales Desk Manager, with plans to expand the Dallas team. New hires Jeff Stone and Sean Ryan join as Regional Vice Presidents, contributing a combined 50 years of industry experience. These management changes aim to strengthen the sales force as Ashford Securities approaches its first anniversary of capital raising efforts.

Positive
  • Ben Hilgers' promotion indicates strong leadership for growth.
  • Seif Refaat's appointment will enhance internal sales team development.
  • The experience of new hires Jeff Stone and Sean Ryan boosts sales capabilities.
Negative
  • None.

DALLAS, May 23, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), is pleased to announce that Ben Hilgers has been promoted to Senior Vice President, National Sales Manager. C. Jay Steigerwald III, President and Head of Distribution at Ashford Securities commented, "I have known Ben for almost twenty years and am excited to have him lead our sales efforts. Ben has a tremendous amount of experience with multiple types of products and, more importantly, has a great reputation in the industry. Ben's affable nature is complemented by his creativity and strategic thinking. We look forward to his leadership driving our continued growth in the years to come." 

Ashford Securities is also pleased to announce that Seif Refaat has been promoted to Sales Desk Manager. Ben Hilgers stated, "Seif has been an integral part of our early success at Ashford Securities.  As we continue to build out and expand our team in Dallas, Seif is the perfect individual to oversee, coach, and develop our internal sales associates."

Additionally, Ashford Securities is delighted to announce the appointment of Jeff Stone and Sean Ryan to the external sales team. Ben Hilgers stated, "As we near the completion of our inaugural year of raising capital at Ashford Securities, we are pleased to add Jeff and Sean to the Ashford Securities team. Both are high quality individuals with character and bring to us a combined 50 years of industry experience."

Sean will serve as Regional Vice President for the Northeast U.S. Ben Hilgers stated, "Sean is well respected by his clients as being a great wholesaler with a proven track record, great product knowledge, and excellent customer service skills. We're thrilled to have him on the team."

Jeff will serve as Regional Vice President for the Western U.S. "Jeff comes to us with a well-rounded pedigree having represented private placements, non-traded preferred stocks, and energy investments over a career that has spanned nearly 30 years. Jeff's tremendous experience and relationships in this industry are a welcome addition to the Ashford Securities team," Ben Hilgers stated.

About Ashford Securities LLC

Ashford Securities, member FINRA/SIPC, is an SEC-registered broker-dealer that is wholly-owned by Ashford and serves as the distributor for investment products within the Ashford group of companies.

About Ashford Inc.

Ashford is an alternative asset management company with a portfolio of strategic operating businesses that provides global asset management, investment management and related services to the real estate and hospitality sectors.

Cision View original content:https://www.prnewswire.com/news-releases/ashford-securities-announces-promotion--new-hires-301553288.html

SOURCE Ashford Securities; Ashford Inc.

FAQ

What management changes were announced by Ashford Securities on May 23, 2022?

On May 23, 2022, Ashford Securities announced the promotion of Ben Hilgers to Senior Vice President, National Sales Manager, and Seif Refaat to Sales Desk Manager. Additionally, Jeff Stone and Sean Ryan were appointed as Regional Vice Presidents.

How will Ben Hilgers' promotion affect Ashford Securities?

Ben Hilgers' promotion is expected to provide strong leadership and strategic direction for sales efforts at Ashford Securities as they seek to drive continued growth.

What experience do the new Regional Vice Presidents bring to Ashford Securities?

Jeff Stone and Sean Ryan bring a combined 50 years of industry experience to Ashford Securities, enhancing the company's sales capacity and expertise.

Ashford Inc.

NYSE:AINC

AINC Rankings

AINC Latest News

AINC Stock Data

17.11M
1.87M
45.75%
7.31%
0.63%
Asset Management
Services-management Consulting Services
Link
United States of America
DALLAS