Great Elm Group Names Jason Reese To Succeed Peter Reed As CEO

RTTNews | 1276 hari yang lalu
Great Elm Group Names Jason Reese To Succeed Peter Reed As CEO

(RTTNews) - Alternative asset manager Great Elm Group, Inc. (GEG) announced Friday that Peter Reed has resigned as Chief Executive Officer effective immediately. The Board of Directors has unanimously appointed Jason Reese to the additional role of CEO effective upon Reed's resignation.

Reese assumes the CEO position as a financial services executive with over 30 years of experience founding and growing multiple financial services and real estate companies.

Reese served as the Executive Chairman of Great Elm's Board of Directors since February 2020 and will now serve as Chairman of the Board and CEO. Reese is the Co-Founder, Chairman and Chief Executive Officer of Imperial Capital Asset Management, LLC and the Co-Founder of Imperial Capital, LLC, both founded in 1997.

During his time at Imperial Capital, Reese formed Monomoy Properties REIT, LLC in 2014, focusing on the Industrial Outdoor Storage sector, and continues to serve on the Board of Directors. He is also a founding member of City Ventures, LLC, a California-based private home builder, and has served on the Board of Directors since its inception in 2009. Reese is the largest beneficial owner of Great Elm stock.

baca selengkapnya
Indian Shares Seen Higher As AI Selloff Deepens, Oil Prices Ease

Indian Shares Seen Higher As AI Selloff Deepens, Oil Prices Ease

Indian shares look set to open higher on Monday, with information technology stocks in the spotlight after the tech-heavy Nasdaq plunged to its lowest closing level in three months on Friday amid renewed concerns about the artificial intelligence trade. Additionally, ongoing discussions involving Iranian officials and Qatari mediators have raised hopes of possible breakthrough that could ease supply concerns and improve the outlook for global energy markets.
RTTNews | 1 jam 39 menit yang lalu
Thai Stock Market May Test Support At 1,500 Points

Thai Stock Market May Test Support At 1,500 Points

The Thai stock market has finished lower in four straight sessions, sliding more than 60 points or 3.7 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,520-point plateau and it's looking at another soft start again on Monday.
RTTNews | 2 jam 9 menit yang lalu
China Manufacturing PMI Eases In September - S&P Global

China Manufacturing PMI Eases In September - S&P Global

The manufacturing sector in China continued to expand in October, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a Performance of Manufacturing Index score of 52.0.
RTTNews | 2 jam 20 menit yang lalu
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is slightly lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday. The Nikkei 225 is falling below the 63,250 level, with weakness in automakers and financial stocks partially offset by gains in exporter stocks.
RTTNews | 2 jam 35 menit yang lalu
Losses May Accelerate For Indonesia Stock Market

Losses May Accelerate For Indonesia Stock Market

The Indonesia stock market has finished lower in two straight sessions, slumping more than 225 points or 4 percent along the way. The Jakarta Composite Index now sits just above the 5,050-point plateau and it may see continued consolidation on Monday.
RTTNews | 2 jam 39 menit yang lalu
Hong Kong Stock Market May Head South Again On Monday

Hong Kong Stock Market May Head South Again On Monday

The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had picked up more than 275 points or 1.2 percent. The Hang Seng now sits just beneath the 23,300-point plateau although it's likely to hand those gains back on Monday.
RTTNews | 2 jam 54 menit yang lalu
Australian Markets Modestly Lower

Australian Markets Modestly Lower

The Australian stock market is modestly lower on Monday, reversing some of the gains in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,900.00 level, with weakness in mining and technology stocks partially offset by gains in financial stocks.
RTTNews | 3 jam 2 menit yang lalu
China Stock Market May See Continued Consolidation

China Stock Market May See Continued Consolidation

The China stock market has finished lower in two consecutive trading days, falling more than 80 points or 2.2 percent along the way. The Shanghai Composite Index now sits just beneath the 3,600-point plateau and it may extend those losses on Monday.
RTTNews | 3 jam 9 menit yang lalu