OCC announced that Chairman and Chief Executive Officer Wayne P. Luthringshausen will retire effective December 31, 2013. Pending regulatory approval, OCC will separate the roles of Chairman and CEO upon Luthringshausen’s retirement. After an extensive national search OCC’s Board of Directors has named Michael E. Cahill as CEO effective January 1, 2014.
Embium announced that Janice Robson has joined Embium as CEO. Her appointment brings critical strategy and sales expertise to facilitate Embium’s rapid growth.
Lightyear Capital LLC recently appointed Richard Korhammer, co-founder and former Chairman and CEO of Lava Trading Inc., as Senior Advisor. Korhammer will draw upon his extensive background in financial technology to help identify and evaluate financial technology and capital markets investment opportunities for Lightyear
Orc announced that Troels Philip Jensen has been appointed Chief Operating Officer to support Orc’s global strategic objectives and growth. He succeeds Matteo Carcano who is leaving the company in August 2013.
Horizon Cash Management LLC announced that it has hired Matthew Boice as vice president and credit analyst. Boice works closely with the portfolio management team and chief investment officer and is responsible for portfolio credit research.
Truxton Trust has added Miles Kirkland to its Wealth Management Services division, naming him Vice President & Portfolio Manager. Prior to joining Truxton Trust, Kirkland served as Principal and Portfolio Manager for Mastrapasqua Asset Management in Nashville.
Drinker Biddle & Reath announced Kay Gordon has joined the lawfirm. Kay concentrates her work in the Investment Management practice, with a particular emphasis on hedge funds, private equity funds and compliance-related matters involving registered and unregistered investment advisers and their funds.