Cowen Group names CEO Jeffrey Solomon as chairman of the board
Cowen is pleased to announce that, following the Company's 2019 annual meeting, Chief Executive Officer Jeffrey M. Solomon has been named Chairman of its Board of Directors. Outgoing Chairman Jerome S. Markowitz is now serving as Lead Independent Director. "Since becoming CEO in December 2017, Jeff has demonstrated the leadership to take Cowen to higher levels," said Mr. Markowitz. "As an organization dedicated to enabling clients to outperform, Jeff's drive, innovative thinking and vision make him the right person for the chairmanship. The Board looks forward to working with him in his newly expanded leadership role." Commenting on his appointment, Mr. Solomon said, "I am honored to take on this important role and am grateful for the Board's confidence in me. My fellow directors and I thank Jerry for his stewardship as Chairman over the past year, and I am especially grateful for his mentorship and guidance. I look forward to working with the Board and our talented colleagues to position Cowen for our next phase of growth."