Oppenheimer Announces Expansion of Investment Grade Fixed Income Sales Team

NEW YORK, Feb. 7, 2023

NEW YORK, Feb. 7, 2023 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") — a leading investment bank, wealth manager and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced today the continued expansion of its Investment Grade desk with the additions of Perren Thomas, Dennis Megley and Mike Henneberry. Each will serve as Managing Directors on the Investment Grade Sales team in New York and report to Katie Lucas, Managing Director, and Head of Investment Grade Sales.

Peter Albano, Global Head of Fixed Income at Oppenheimer, said, "We are delighted to welcome Perren, Dennis and Mike to the team. The depth of product expertise and extensive industry relationships that each bring to the table will not only add significant value to our Investment Grade desk but also complement our other Fixed Income capabilities. It's notable that even as the industry becomes increasingly digitized, Oppenheimer continues to steadily hire top talent with long-standing client relationships, who in turn attract other accomplished professionals to our firm. This positive reinforcement loop has been a significant contributor to building a strong corporate culture and has enabled a deliberate and targeted expansion of our Global Fixed Income franchise."

These Investment Grade sales hires follow the recruitments of Managing Directors Si Lund (High Yield Sales), John Covello (Investment Grade Trading), Chris O'Connor (Debt Syndicate), Peter Overton (Short-term Trading), Ed Murphy (Municipal Bond Trading), Jose Puell (Emerging Markets Sales) and Russ Mueller (Structured Product Trading). Each of these professionals have joined the team within the last 24 months.  

As part of the firm's effort to cultivate the industry's next generation of talent, Oppenheimer also has hired numerous junior-level members to the Fixed Income Group during the same period to work side-by-side with their more experienced colleagues.

Mr. Thomas joins Oppenheimer with nearly two decades of experience in fixed income sales. Most recently, he served as a Senior Vice President at D.A. Davidson, where he was instrumental in building out the investment grade sales and trading businesses. Previously, he served as a Senior Vice President at First Horizon Capital Markets, selling fixed income products to institutional accounts. He began his career at Goldman Sachs after graduating from Boston College. 

"I look forward to working with Dennis, Mike and the rest of the team, while benefiting from the leadership of Katie Lucas," said Mr. Thomas. "Oppenheimer has long stood out to me, based on the quality of its people and the success of its sales desk."