Oppenheimer & Co. Inc. Names Doron Barness Senior Managing Director, Reflecting Growth Of Cash Equities Trading And Distribution Team

Rhea-AI Summary

Oppenheimer & Co. Inc. has promoted Doron Barness to Senior Managing Director, effective immediately. This promotion recognizes his leadership as Global Head of Cash Equities Trading and Distribution, a role he will continue while reporting to John Hellier, Senior Managing Director and Head of Equities. Barness oversees a team of approximately 75 staff globally, enhancing service delivery to institutional clients. Oppenheimer provides a broad range of wealth management, brokerage, and investment banking services, positioning itself as a key player in the financial services industry.

Positive

• Promotion of Doron Barness to Senior Managing Director reflects strong leadership in Cash Equities Trading and Distribution.
• Barness leads a team of approximately 75, indicating a robust operational structure.
• Continued focus on enhancing service delivery to institutional clients, potentially improving client retention and satisfaction.

Negative

• None.

NEW YORK, Aug. 26, 2020 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer"), a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY), today announced the promotion of Doron Barness to Senior Managing Director, effective immediately. Mr. Barness, whose title elevation reflects his success as Global Head of Cash Equities Trading and Distribution, will continue to lead this function while reporting directly to John Hellier, Senior Managing Director and Head of Equities.

Mr. Hellier, who also serves as a member of Oppenheimer's Management Committee, said, "We congratulate Doron on his promotion to Senior Managing Director, reflecting his energy, focus, and vision. Doron's leadership has elevated and strengthened the delivery of a truly best-in-class combination of services and products to the institutional clients we serve around the world."

Mr. Barness leads a team of approximately 75 staff across multiple locations around the world, directing distribution for Oppenheimer's premier research product and the channels through which the firm's institutional equity clients transact on a day-to-day basis.

Mr. Barness said, "I'm grateful to Oppenheimer for this recognition. It's been a privilege to work with such a talented team in Equities and throughout the firm to develop and deliver a premiere research, corporate access, and execution platform to our clients. I look forward to the Firm's further growth and success."

Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions. For more information, please visit www.oppenheimer.com.

Media Contact:
Joseph Kuo / Michael Dugan
Haven Tower Group LLC
424 317 4851 or 424 317 4852
jkuo@haventower.com or mdugan@haventower.com

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SOURCE Oppenheimer & Co. Inc.

FAQ

Who has been promoted at Oppenheimer & Co. Inc.?

Doron Barness has been promoted to Senior Managing Director.

What is Doron Barness's role at Oppenheimer?

He serves as the Global Head of Cash Equities Trading and Distribution.

What does the promotion of Doron Barness signify for Oppenheimer?

It signifies strong leadership and a commitment to enhancing services for institutional clients.

How many staff does Doron Barness lead at Oppenheimer?

He leads a team of approximately 75 staff across multiple global locations.

What services does Oppenheimer & Co. Inc. provide?

Oppenheimer provides wealth management, securities brokerage, and investment banking services.