GWG Holdings Adds Two New Members to its Board of Directors
GWG Holdings, Inc. (Nasdaq: GWGH) has expanded its Board of Directors by adding two new members, bringing the total to ten. The new directors, Daniel Fine and David S. Gruber, possess extensive experience in financial services, real estate, and executive management. Fine has a background in telecom, real estate, and private equity, while Gruber specializes in commercial real estate development. CEO Murray Holland emphasized the importance of their expertise in supporting the company’s strategic goals and value delivery to stakeholders.
- Addition of two experienced board members enhances governance and strategic direction.
- Daniel Fine and David Gruber bring valuable expertise in financial services and real estate.
- None.
DALLAS, Sept. 11, 2020 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq: GWGH), an innovative financial services firm based in Dallas, announced that it has added two new members to its Board of Directors. The new members will bring the GWGH Board to ten total directors who bring areas of experience that include financial services, energy, real estate, Big Four accounting and the Federal Reserve.
The new board members are:
- Daniel Fine, Managing Director of Airetel Staffing, Inc. in Dallas. Mr. Fine has 30 years of experience in investing and executive management that began in the telecom sector. Over the past 10 years, he was a Director and Executive Vice President of family offices with a focus on real estate, oil and gas, and private equity investing.
- David S. Gruber, owner of MetroAmerican Developers, LLC, a private commercial real estate company specializing in the development and acquisition of office and industrial properties in Dallas and San Diego. Mr. Gruber was previously President and CEO of MEPC American Properties, the U.S. subsidiary of London-based MEPC plc, one of the world’s largest commercial property companies.
“Daniel and David bring experience in family offices and real estate, two important areas of expertise for GWG,” said GWGH Chief Executive Officer Murray Holland. “The knowledge and experience of our board members are important assets to our business as we seek to continue to provide value to all our constituents, from financial advisors and the clients they serve to GWGH employees and shareholders.”
Biographies of the current members of the GWGH Board can be found at https://investors.gwgh.com/corporate-governance/highlights.
About GWG Holdings, Inc.
GWG Holdings, Inc. (Nasdaq: GWGH) is an innovative financial services firm based in Dallas, Texas that is a leader in providing investments that are non-correlated to the traded markets, and unique liquidity solutions and services for the owners of illiquid investments. Through its subsidiaries, The Beneficient Company Group, L.P. and GWG Life, LLC, GWGH owns and manages a diverse portfolio of alternative assets that, as of June 30, 2020, included
For more information about GWG Holdings, email info@gwgh.com or visit www.gwgh.com. For more information about Beneficient, email askben@beneficient.com or visit www.trustben.com.
Media Contact:
Dan Callahan
Director of Communication
GWG Holdings, Inc.
(612) 787-5744
dcallahan@gwgh.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/856f4ea6-0e15-47be-84f2-4e7903fe6645
https://www.globenewswire.com/NewsRoom/AttachmentNg/0a02492e-225b-4a33-98d9-168eb5d25c33
FAQ
What is the significance of the new board members for GWGH?
Who are the new board members of GWG Holdings, Inc.?
How many members are currently on the GWGH Board of Directors?
What expertise do the new board members bring to GWGH?
What is GWG Holdings, Inc.'s business focus?
