People: Institutional Financial Markets Inc (IFMI.A)
IFMI.A on American Stock Exchange
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$0.02 (+0.96%)
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Volume
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Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Daniel Cohen |
43 | 2012 | Chairman of the Board, Chief Executive Officer, Chief Investment Officer; Chairman and Chief Executive Officer of PrinceRidge LLC |
Joseph Pooler |
46 | 2009 | Chief Financial Officer, Executive Vice President, Treasurer |
Walter Beach |
46 | 2009 | Independent Director |
Rodney Bennett |
71 | 2003 | Independent Director |
Thomas Costello |
66 | 2006 | Independent Director |
G. Steven Dawson |
55 | 2005 | Independent Director |
Joseph Donovan |
58 | 2009 | Independent Director |
Jack Haraburda |
73 | 2006 | Independent Director |
Neil Subin |
47 | 2011 | Independent Director |
Lance Ullom |
43 | 2006 | Independent Director |
Charles Wolcott |
59 | 2005 | Independent Director |
Biographies
| Name | Description |
|---|---|
Daniel Cohen |
Mr. Daniel G. Cohen is Chairman of the Board, Chief Executive Officer, Chief Investment Officer of Institutional Financial Markets Inc., and Chairman and Chief Executive Officer of PrinceRidge LLC of PrinceRidge Partners LLC, an indirect subsidiary of the company. In addition, Mr. Cohen has served as the Chairman of the board of managers of majority owned subsidiary, IFMI, LLC, since 2001, as the Chief Investment Officer of IFMI, LLC since October 2008 and as Chief Executive Officer of IFMI, LLC since December 16, 2009. Mr. Cohen was also the Chief Executive Officer of IFMI, LLC and its subsidiary, Cohen & Company Securities, LLC, a securities brokerage firm, from September 2001 until February 2006. He previously served as Chief Executive Officer of RAIT Financial Trust (NYSE: RAS), a real estate finance company focused on the commercial real estate industry, from December 2006 when it merged with Taberna Realty Finance Trust to February 2009, and served as a trustee from the date RAIT acquired Taberna until his resignation from that position on February 26, 2010. Mr. Cohen was Chairman of the board of trustees of Taberna Realty Finance Trust from its inception in March 2005 until December 2006 and its Chief Executive Officer from March 2005 to December 2006. From 1998 to 2000, Mr. Cohen served as the Chief Operating Officer of Resource America Inc., or Resource America, a publicly traded asset management company with interests in energy, real estate and financial services. Mr. Cohen has served as Chairman of Cohen Financial Group, Inc., or CFG, which is in the process of liquidation, since its inception in April 2007. Mr. Cohen is currently a director of Star Asia, a joint venture investing in Asian commercial real estate. Mr. Cohen served as a director of Muni Funding Company of America, LLC, or MFCA, a company investing in middle-market non-profit organizations until it merged with Tiptree Financial Partners, L.P. in June 2011. |
Joseph Pooler |
Mr. Joseph W. Pooler, Jr., is Chief Financial Officer, Executive Vice President, Treasurer of Institutional Financial Markets Inc. He serves as the IFMI, LLC’s Chief Financial Officer since November 2007 and as Chief Administrative Officer since May 2007. From July 2006 through November 2007, he also served as Senior Vice President of Finance of IFMI, LLC. From November 2007 through March 2009, Mr. Pooler also served as Chief Financial Officer of Muni Funding Company of America, LLC, a company investing in middle-market non-profit organizations. Prior to joining IFMI, LLC, from 1999 through 2005, Mr. Pooler held key management positions at Pegasus Communications Corporation (now known as Xanadoo Company (OTC: XAND)), which operated in the direct broadcast satellite television and broadcast television station segments. While at Pegasus, Mr. Pooler held various positions including Chief Financial Officer, Principal Accounting Officer, and Senior Vice President of Finance. From 1993 through 1999, Mr. Pooler held various management positions with MEDIQ, Incorporated, including Corporate Controller, Director of Operations, and Director of Sales Support. Mr. Pooler holds a B.A. from Ursinus College, an M.B.A. from Drexel University, and was a Certified Public Accountant in the Commonwealth of Pennsylvania (license lapsed). |
Walter Beach |
Mr. Walter T. Beach is Independent Director of Institutional Financial Markets Inc. Mr. Beach has served as a director of Resource Capital Corp. (NYSE Amex: RSO) since March 2005. Mr. Beach has been Managing Director of Beach Investment Counsel, Inc., an investment management firm, since 1997. From 1993 to 1997, Mr. Beach was a Senior Analyst and Director of Research at Widmann, Siff and Co., Inc., an investment management firm where, beginning in 1994, he was responsible for the firm’s investment decisions for its principal equity product. Before that he was an associate and financial analyst at Essex Financial Group, a consulting and merchant banking firm, and an analyst at Industry Analysis Group, an industry and economic consulting firm. Mr. Beach has served as a director of The Bancorp, Inc., a publicly traded (NASDAQ: TBBK) Delaware bank holding company, and its subsidiary bank, The Bancorp Bank, since 1999. |
Rodney Bennett |
Mr. Rodney E. Bennett is Independent Director of Institutional Financial Markets Inc. Mr. Bennett was previously Chairman of the board of directors and Chairman of the audit committee of Sunset Financial Resources, Inc., or Sunset, prior to Sunset’s merger with Alesco Financial Trust, or AFT, on October 6, 2006, and was also a member of Sunset’s special committee in connection with its merger with AFT. A career community banker, he has also served in various capacities and levels of management in banks in southeast Georgia, including chief executive positions. Since July 1991, Mr. Bennett has acted as a consultant to various Georgia banks and private companies. He is Finance Officer of FMR Burch Farms, a farming and timber operation in South Georgia. He is currently Chairman of the board of directors and Chairman of the audit committee and a member of the loan committee of FirstAtlantic Bank in Jacksonville, Florida. |
Thomas Costello |
Mr. Thomas P. Costello is Independent Director of Institutional Financial Markets Inc. Mr. Costello served as a trustee and Chairman of the audit committee of AFT’s board of trustees from January 2006 until Sunset’s merger with AFT. Mr. Costello served as a director for KPMG LLP from 2002 to 2004. Prior to that, he was employed at Arthur Andersen LLP for 35 years, including serving as National Practice Director from 1996 to 2002, where he was responsible for the accounting and audit practices of the Arthur Andersen offices in the southeast region of the United States. From 1985 to 1996, he served as partner in charge of the accounting and audit practice in Arthur Andersen’s Philadelphia office. Prior to that, he acted as engagement partner where he served clients in numerous industries and worked with both multinational and small and mid-sized public companies. From December 2006 to February 2011 Mr. Costello served on the board of directors, and was the Chairman of the audit committee, of Advanta Corp., a Pennsylvania-based financial services company that is in the process of liquidation. Mr. Costello also is a member of the Board of Trustees of Thomas Jefferson University Hospital. Mr. Costello is a Certified Public Accountant. |
G. Steven Dawson |
Mr. G. Steven Dawson is Independent Director of Institutional Financial Markets Inc. Mr. Dawson was previously a member of the compensation committee and nominating and corporate governance committee for Sunset Financial Resources, Inc. and was also the Chairman of Sunset’s special committee in connection with Sunset’s merger with AFT. Mr. Dawson is a private investor and in addition to his current board activities noted above, he has, from time to time, served on the boards of other public and private companies. He currently serves on the board of directors of Medical Properties Trust (NYSE: MPW), a Birmingham, Alabama-based REIT specializing in the ownership of acute care facilities and related medical properties (Chairman of the audit committee) and American Campus Communities (NYSE: ACC), an Austin-based equity REIT focused on student housing (Chairman of the audit committee; member of the compensation committee). From 1990 to 2003, Mr. Dawson served as Chief Financial Officer of Camden Property Trust and its predecessors, a multi REIT based in Houston with apartment operations, construction and development activities throughout the United States. |
Joseph Donovan |
Mr. Joseph M. Donovan is Independent Director of Institutional Financial Markets Inc. Mr. Donovan is currently retired. Prior to his retirement in January 2007, Mr. Donovan was Chairman of Credit Suisse’s ABS and debt financing group, which he led since March 2000. Prior to that, Mr. Donovan was a managing director and head of asset finance at Prudential Securities from 1998 to 2000 and at Smith Barney from 1995 to 1997. Mr. Donovan began his banking career at The First Boston Corporation in 1983, ultimately becoming a managing director at CS First Boston, where he served as Chief Operating Officer of the Investment Banking Department from 1992 to 1995. Mr. Donovan received his MBA from The Wharton School and has a degree in Accountancy from the University of Notre Dame. Mr. Donovan is the Non-Executive Chairman of the Board and Chairman of the audit committee of FLY Leasing Limited (formerly known as Babcock & Brown Air Limited) (NYSE: FLY), an aircraft leasing company headquartered in Dublin, Ireland. Mr. Donovan was a director of RAM Holdings, Ltd. (NASDAQ: RAMR), a Bermuda-based provider of financial guaranty reinsurance, until his resignation from that position on March 1, 2010. Mr. Donovan joined the board of directors of the Homeownership Preservation Foundation, a non-profit organization, in January 2010. |
Jack Haraburda |
Mr. Jack Haraburda is Independent Director of Institutional Financial Markets Inc. Mr. Haraburda served as a trustee and Chairman of the compensation committee of AFT’s board of trustees from January 2006 until Sunset’s merger with AFT. Mr. Haraburda is the managing partner of CJH Securities Information Group, a professional coaching business. Mr. Haraburda served as managing director for the Philadelphia Complex of Merrill Lynch, Pierce, Fenner & Smith Incorporated from 2003 to 2005. He has also served in various positions at Merrill Lynch from 1984 until 2003, including as managing director of Merrill Lynch’s Princeton Complex, resident Vice President of Merrill Lynch’s Philadelphia Main Line Complex, marketing director and national sales manager of Merrill Lynch Life Agency and Chairman of Merrill Lynch Metals Company. From 1980 to 1984, he was managing director of Comark Securities, a government securities dealer. From 1968 until 1980, he served as a financial advisor, national sales manager for the Commodity Division, manager of the Atlanta Commodity Office and the Bala Cynwyd office of Merrill Lynch. |
Neil Subin |
Mr. Neil S. Subin is Independent Director of Institutional Financial Markets Inc. He is Chairman of the Board of Broadbill Investment Partners, LP, a private investment fund, since 2011. Mr. Subin founded and has been the managing director and president of Trendex Capital Management, a private investment fund focusing primarily on financially distressed companies, since its formation in 1991. Prior to forming Trendex Capital, Mr. Subin was a private investor from 1988 to 1991 and was an associate with Oppenheimer & Co. from 1986 to 1988. Mr. Subin has served as a director of Phosphate Holdings, Inc. (OTC: PHOS.PK) since November 2010, as a director of Hancock Fabrics, Inc. (OTC: HKFI.PK), since August 2009, as a director of Primus Telecommunications Group, Incorporated (OTCBB: PMUG.OB) since July 2009, and as a director of Federal-Mogul Corporation (NASDAQ: FDML) since December 2007. Mr. Subin served as a director of Movie Gallery, Inc. (OTC: MOVIQ.PK), from May 2008 to December 2010 and a director of FiberTower Corporation (NASDAQ: FTWR) from December 2001 to December 2009. |
Lance Ullom |
Mr. Lance Ullom is Independent Director of Institutional Financial Markets Inc. He serves as a trustee and Chairman of the nominating and corporate governance committee of AFT’s board of trustees as well as a member of the compensation committee. Mr. Ullom is currently a financial professional affiliated with Carillon Capital Partners, a boutique investment bank. From January 2000 to November 2007, he was employed at E*TRADE Global Asset Management, or ETGAM. Mr. Ullom held various senior positions at ETGAM, including Executive Vice President. In the capacity of Executive Vice President, he supervised all of ETGAM’s investment activities in mortgage-backed securities and other asset-backed securities, mortgage loans, commercial lending, municipal securities, trust preferred securities, derivative products and structured securities. From 1996 to 2000, Mr. Ullom worked at Arbor Capital, a licensed broker-dealer/mortgage hedge fund based in New York City, where he was responsible for trading structured bonds and whole loans. From 1991 to 1996, Mr. Ullom worked at Barclay Investments in various capacities including sales and trading. |
Charles Wolcott |
Mr. Charles W. Wolcott is Independent Director of Institutional Financial Markets Inc. He previously served as a member of Sunset’s special committee in connection with its merger with AFT. Since April 2008, Mr. Wolcott has served as President and Chief Executive Officer of Highland Resources, Inc., a commercial real estate company. Since 2006 he has also served as an advisor to Allied-Wolcott Company LLC, a company that specializes in the area of conservation real estate transactions. From August 2007 to February 2011, he served as a director to Desert Capital REIT, Inc. (public but non-listed), a Las Vegas-based commercial mortgage REIT. From 2002 to 2006, he was the President and Chief Executive Officer of Tecon Corporation, a diversified real estate business operator. From 1993 to 2001, he was the President and Chief Executive Officer of American Industrial Properties REIT, a REIT previously listed on the NYSE that specialized in light industrial and office/flex space. From 1984 to 1992, Mr. Wolcott served in various capacities at Trammell Crow Company, a real estate company, including Partner of Trammell Crow Ventures and President and Chief Executive Officer of Trammell Crow Asset Services. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Daniel Cohen |
604,083 |
Joseph Pooler |
676,450 |
Walter Beach |
-- |
Rodney Bennett |
-- |
Thomas Costello |
-- |
G. Steven Dawson |
-- |
Joseph Donovan |
-- |
Jack Haraburda |
-- |
Neil Subin |
-- |
Lance Ullom |
-- |
Charles Wolcott |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Daniel Cohen |
0 | 0 |
Joseph Pooler |
0 | 0 |
Walter Beach |
0 | 0 |
Rodney Bennett |
0 | 0 |
Thomas Costello |
0 | 0 |
G. Steven Dawson |
0 | 0 |
Joseph Donovan |
0 | 0 |
Jack Haraburda |
0 | 0 |
Neil Subin |
0 | 0 |
Lance Ullom |
0 | 0 |
Charles Wolcott |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
ULLOM LANCE |
19,231 | $0.00 |
DAWSON G STEVEN |
19,231 | $0.00 |
COSTELLO THOMAS P |
19,231 | $0.00 |
BENNETT RODNEY E |
19,231 | $0.00 |
BEACH WALTER T |
19,231 | $0.00 |
DONOVAN JOSEPH M |
19,231 | $0.00 |
SUBIN NEIL S |
19,231 | $0.00 |
WOLCOTT CHARLES W |
19,231 | $0.00 |
HARABURDA JACK |
19,231 | $0.00 |
POOLER JOSEPH W JR |
35,000 | $0.00 |
COHEN DANIEL GIDEON |
200,000 | $0.00 |
POOLER JOSEPH W JR |
30,511 | $1.20 |
COHEN DANIEL GIDEON |
99,074 | $1.20 |
COHEN DANIEL GIDEON |
116,595 | $0.00 |
COSTAS JOHN P |
424,371 | $0.00 |
LISTMAN DOUGLAS |
690 | $1.27 |
COSTELLO THOMAS P |
37,414 | $0.00 |
SUBIN NEIL S |
37,414 | $0.00 |
DONOVAN JOSEPH M |
37,414 | $0.00 |
WOLCOTT CHARLES W |
37,414 | $0.00 |
ULLOM LANCE |
37,414 | $0.00 |
HARABURDA JACK |
37,414 | $0.00 |
BEACH WALTER T |
37,414 | $0.00 |
POOLER JOSEPH W JR |
30,000 | $0.00 |
BENNETT RODNEY E |
37,414 | $0.00 |
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