Daily News: July 27, 2012

Oppenheimer Promotes McCarthy, Thompson to Managing Director


Oppenheimer & Co., a unit of Oppenheimer Holdings, announced that Bruce McCarthy and Marc Thompson have been named managing director and co-heads of Investment Banking.

McCarthy, who has over 20 years of investment banking experience and has worked at Oppenheimer and its predecessor companies since 1998, has consistently been an integral part of the firm. As head of Global Mergers & Acquisitions, he has completed over 250 mergers, acquisitions, joint ventures and hostile defenses in a variety of sectors, including industrial, telecom, chemical, consumer products and technology.

Thompson, who has over 25 years of investment banking, private equity and operational experience and has worked at Oppenheimer and its predecessor companies since 1987, has completed a wide range of public and private equity and debt financings and M&A assignments for clients, primarily in the technology and industrial sectors. In 2000, he formed the Software and Services practice, a team that has executed over 140 transactions worth more than $20 billion.

“We are very pleased that Bruce and Marc, who have been with our firm for many years have accepted this expanded role at Oppenheimer. Investment Banking, which is a core competency at our firm, will greatly benefit from the experience and expertise that they bring,” said Albert G. Lowenthal, chairman of Oppenheimer & Co.