Associated Capital to Replace Interim CFO
January 14 2019 - 4:00PM
Business Wire
Associated Capital Group, Inc. (NYSE:AC) announced today that
Francis J. Conroy, CPA, our Interim Chief Financial Officer, has
indicated that he will be returning to GGCP, the privately-held
parent of AC, as special assistant to the CEO effective April 1
following the filing of the Company’s Form 10-K.
Mario J. Gabelli indicated that, “Fran has served us well as our
interim Chief Financial Officer. We are delighted that he will
continue to be a resource in his role at GGCP and that he will
assist us in finding his replacement.”
About Associated Capital Group, Inc.
AC operates as a diversified financial services business
providing asset management emphasizing event-driven value and
merger arbitrage-oriented alternative investment portfolios for
institutions and high net worth investors; institutional research
services; and broker-dealer and underwriting services. AC also
derives investment income/(loss) from proprietary trading of assets
awaiting deployment in its operating businesses.
Forward-looking statements
Forward-looking statements involve a number of known and unknown
risks, uncertainties and other important factors, some of which are
listed below, that are difficult to predict and could cause actual
results and outcomes to differ materially from any future results
or outcomes expressed or implied by such forward-looking
statements. Some of the factors that could cause our actual results
to differ from our expectations or beliefs include a decline in the
securities markets that adversely affect our assets under
management, negative performance of our products, the failure to
perform as required under our investment management agreements, and
a general downturn in the economy that negatively impacts our
operations. We also direct your attention to the more specific
discussions of these and other risks, uncertainties and other
important factors contained in the prospectus/offer to exchange and
other public filings. Other factors that could cause our actual
results to differ may emerge from time to time, and it is not
possible for us to predict all of them. We do not undertake to
update publicly any forward-looking statements if we subsequently
learn that we are unlikely to achieve our expectations whether as a
result of new information, future developments or otherwise, except
as may be required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20190114005752/en/
Douglas R. JamiesonPresident & CEO(203)
629-2726Associated-Capital-Group.com
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