Attached files
| file | filename |
|---|---|
| 8-K - Merriman Holdings, Inc | v208997_8-k.htm |
| EX-10.47 - Merriman Holdings, Inc | v208997_ex10-47.htm |
FOR
IMMEDIATE RELEASE
MERRIMAN
HOLDINGS HIRES JACK THRIFT AS CFO
SAN FRANCISCO – January
26, 2011 – Merriman Holdings, Inc. (NASDAQ: MERR), today announced that
Jack Thrift has been hired as chief financial officer of the holding company and
broker-dealer, Merriman Capital, Inc., effective yesterday, January 24,
2011. Thrift replaces Peter V. Coleman, who will continue to work for
Merriman on a consulting basis.
“As a
former partner and CFO of Pacific Growth Equities, Jack understands how to
increase operational efficiency and build market share while representing key
stakeholders,” said Jon Merriman, co-chairman of Merriman Holdings, Inc. “His
talent and relentless work ethic are well known to us. We are very
pleased to have him back on the team.”
Thrift has
more than 20 years of experience in finance, accounting and operations. He
recently served as managing director of operations and partner of SEC-registered
investment advisor, White Oak Global Advisors. Before that Thrift was COO of
Merriman Asset Management. He served as partner and CFO of Pacific Growth
Equities, where he was in charge of accounting, financial analysis and financial
operations; he also served as COO of Pacific Growth Equity Management, where he
oversaw fund administration and accounting activities for hedge funds and
venture funds. Prior to Pacific Growth, Thrift was CFO of Transnational
Financial Network, a public mortgage banking firm. where he directed
accounting and control functions for the company and managed the accounting,
human resources and information technology departments. Earlier in his career,
he was a senior manager of assurance services at Deloitte & Touche, where he
provided accounting and audit management to financial services clients. At
Merriman, Jack reports to the board of directors and Alex Seiler,
CEO.
Thrift
commented: “The opportunity to join Merriman fulltime as CFO at this early stage
in the firm’s renewed growth is an exciting one. I look forward to helping
generate consistent profitability while ramping revenue and building
shareholder value. We have a number of exciting strategic
opportunities in front of us.”
Merriman
added: “Peter was instrumental in helping us rebuild the firm after it
sustained grave financial blows at the height of the recession. I am personally
grateful for Peter’s hard work, advice and perseverance. On behalf of our entire
board and management team, I wish Peter well as he finds new challenges and
successes as a turnaround expert.”
About
Merriman Holdings, Inc.
Merriman
Holdings, Inc. (NASDAQ: MERR) is a financial services firm focused on
fast-growing companies and the institutions that invest in them. The company
offers high-quality investment banking, equity research, institutional services
and corporate & venture services. Merriman specializes in three
industry growth sectors: Clean Technology, Consumer, Media & Internet and
Technology. For more information, please go to http://www.merrimanco.com/
Note to Investors
This press release contains certain
forward-looking statements based on our current expectations, forecasts and
assumptions that involve risks and uncertainties. This release does not
constitute an offer to sell or a solicitation of offers to buy any securities of
the Company. Forward-looking statements in this release are based on information
available to us as of the date hereof. Our actual results may differ materially
from those stated or implied in such forward-looking statements, due to risks
and uncertainties associated with our business, which include the risk factors
disclosed in our Form 10-K/A filed on April 30, 2010. Forward-looking statements include
statements regarding our expectations, beliefs, intentions or strategies
regarding the future and can be identified by forward-looking words such as
"anticipate," believe," "could," "estimate," "expect," "intend," "may,"
"should," and "would" or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise. The Form 10-K/A filed on April 30, 2010 and the Form 10-Q filed on November 15, 2010, together with this press release and
the financial information contained herein, are available on our
website, www.merrimanco.com. Please click on "Investor
Relations."
#
# #
At the
Company:
Mike
Doran
General
Counsel
Merriman
Holdings, Inc.
(415)
568-3905