Wedbush Securities, financial services and investment banking firm, has appointed Rich Jablonski and Gary Wedbush as co-presidents.
Jablonski and Wedbush will be jointly responsible for all aspects of Wedbush Securities鈥檚 management and the strategic direction, development, and growth of all client services.
Prior to his new role, Jablonski was executive vice president, COO, head of futures, securities finance and rates, and prime brokerage.
Meanwhile, Wedbush has held roles as executive vice president, head of capital markets, and head of correspondent services.
Both Jablonski and Wedbush serve on the firm鈥檚 management and executive committees.
Edward Wedbush, founder and chairman of Wedbush Securities, said: 鈥淚 am pleased to announce Rich Jablonski and Gary Wedbush鈥檚 appointment as co-presidents of our firm. I have given much serious thought about this very important and natural advancement for Wedbush Securities, for my own career, and for the many valued services for which our clients depend on our company.鈥�
He continued: 鈥淚 am confident that Gary Wedbush and Jablonski are ready and able to take on this tremendous challenge and responsibility. I will remain available to them as a mentor to ensure a successful and stable transition.鈥�
Eric Wedbush, chairman of Wedbush Securities commented: 鈥淢anagement succession planning is a high priority for the board of directors, and we know the firm鈥檚 senior leaders well through substantial interaction with them. Both Gary Wedbush and Jablonski possess the necessary leadership capability, intellect, and character for their new roles.鈥�
Jablonski said: 鈥淚t is a serious privilege and responsibility to be named co-president of an institution with such extraordinary opportunities and I look forward to partnering with Gary Wedbush to drive those firm-wide opportunities.鈥�
Gary Wedbush added: 鈥淚 am deeply honoured and humbled to be given this responsibility, and I am committed to our clients, colleagues, and shareholders, to building on the firm鈥檚 exceptional success.鈥�
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