Daniel G. Cohen, executive chairman of Cohen’s board, has been appointed CEO, effective as of Nov. 10, 2026. D. Cohen succeeds Lester R. Brafman, who stepped down from his role as CEO effective as of the close of business on Nov. 10, 2026. Brafman will remain with the company as a senior advisor through Nov. 30, 2026, to support an orderly transition. Daniel Cohen will continue to serve as executive chairman of the board.
- Cohen previously served as CEO and chief investment officer of the company from December 2009 to September 2013. Having also served on the board since 1999 and as executive chairman since May 2022, D. Cohen has deep experience and unparalleled insight across the company’s businesses and strategic priorities. As CEO, D. Cohen will focus on the company’s business strategy, operations and corporate vision.
“I know firsthand the strength of our team and our platform, and I look forward to building on our strong foundation as we execute on our priorities and create long-term value for our stockholders,” D. Cohen said. “I am excited to return to the CEO role and continue working with our team to capitalize on the opportunities ahead and drive results through disciplined execution and a clear commitment to profitable growth. On behalf of the board, I want to thank Lester for his leadership and the significant contributions he has made to Cohen & Company over the past thirteen plus years. We wish him all the best.”
Brafman added, “It has been a privilege to lead Cohen & Company, and I am proud of all we have accomplished together. I look forward to seeing the company’s continued success.”
