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Suzanne Shank named Acting CEO of Siebert Financial Corporation

Friday, September 13, 2013

Ms. Shank was also selected by the Wharton School of Business from among 100,000 graduates as one of its “125 Influential People and Ideas.” In June she received the National Association of Securities Professionals (NASP) prestigious Entrepreneur of the Year Award.

She is a graduate of The Wharton School, University of Pennsylvania with a Master of Business Administration degree in Finance, and the Georgia Institute of Technology with a Bachelor of Science degree in Civil Engineering.

“I am deeply honored to be named Acting CEO of the Company founded by Wall Street Legend Muriel F. Siebert,” said Suzanne Shank. “Mickie was not only a trailblazer on Wall Street but a wonderful partner, mentor and friend. Our partnership was extremely successful as we shared a penchant for sound business practices and integrity in the industry.”

Ms. Shank expects a seamless process for Siebert client services during the transition into her new role as Acting CEO as she continues to lead Siebert Brandford Shank in a period of strong growth. In the coming months she will outline her plans for the Company, and will meanwhile work with the current leadership team and the board of directors to continue to provide excellent customer service to the firm’s many clients.

“We are extremely pleased to have Suzanne Shank as our CEO, and with her considerable expertise and experience, we are confident she will provide strong leadership and strategic vision to grow our business while furthering the important values and devotion to client services established by Mickie,” said Jane H. Macon, Chairwoman.

Jane H. Macon became a director of Siebert Financial Corp. in 1996. She has been a Partner in the law firm of Fulbright & Jaworski L.L.P., San Antonio, TX since 1984. Ms. Macon centers her legal practice on public finance and administrative law, public and private partnerships, real estate, zoning, platting, condemnation and municipal bonds.

Robert Mazzarella, vice chairman, retired from Fidelity Investments Brokerage Services LLC in January 2002, at which time he served as its president. He became a director of Siebert Financial Corp. in 2004. Currently Mr. Mazzarella serves as a director and as a member of the audit and compensation committees of Placemark Investments, Inc., a registered investment adviser in Wellesley, MA and Investors Capital Holdings Ltd., in Lynfield, MA.

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