Attached files
file | filename |
---|---|
8-K - 8-K - GLEACHER & COMPANY, INC. | a13-5958_18k.htm |
EX-99.1 - EX-99.1 - GLEACHER & COMPANY, INC. | a13-5958_1ex99d1.htm |
Exhibit 99.2
Gleacher & Company Announces Planned Board of Directors Transition
as of 2013 Annual Stockholders Meeting in May
Company Expresses Gratitude to
Dr. Bienen, Messrs. Gerard, Rohde and Yingling for Years of Service
Played Key Role in Review of Strategic Options
NEW YORK, NY Feb. 25, 2013 Gleacher & Company, Inc. (Nasdaq: GLCH) today announced that four of its independent directors, Dr. Henry Bienen, Robert Gerard, Bruce Rohde and Robert Yingling, have informed the Company that they do not currently plan to stand for reelection at the Companys upcoming 2013 Annual Stockholders Meeting currently expected to be held in May.
Tom Hughes, the Companys Chief Executive Officer, said, We have been most fortunate to have had available to us the dedication, judgment and keen intellect of these independent directors. Their support of management and our efforts to build a first class financial services firm has been invaluable. In addition, they played a critical role as members of the Special Committee of the Board of Directors conducting the strategic review over the past several months. We will all miss them, professionally as well as personally, and certainly wish them the best.
About Gleacher & Company
Gleacher & Company, Inc. (Nasdaq: GLCH) is an independent investment bank that provides corporate and institutional clients with strategic and financial advisory services, including merger and acquisition, restructuring, recapitalization, and strategic alternative analysis, as well as capital raising, research based investment analysis, and securities brokerage services. For more information, please visit www.gleacher.com.
Forward Looking Statements
This press release contains forward-looking statements. These statements are not historical facts but instead represent the Companys belief regarding future events, many of which, by their nature, are inherently uncertain and outside of the Companys control. The Companys forward-looking statements are subject to various risks and uncertainties, including the conditions of the securities markets, generally, and demand for the Companys services within those markets and other risks and factors identified from time to time in the Companys filings with the Securities and Exchange Commission. It is possible that the Companys actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in its forward-looking statements. You are cautioned not to place undue reliance on any forward-looking statements. The Company does not undertake to update any of its forward-looking statements.
Important Additional Information
Gleacher & Company, Inc., its directors and certain of its executive officers may be deemed to be participants in the solicitation of proxies from Gleacher stockholders in connection with the matters to be considered at Gleachers 2013 Annual Meeting. Gleacher intends to file a proxy statement with the U.S. Securities and Exchange Commission (the SEC) in connection with any such solicitation of proxies from Gleacher stockholders. Gleacher STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ ANY SUCH PROXY STATEMENT AND ACCOMPANYING PROXY CARD WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Information regarding the ownership of Gleachers directors and executive officers in Gleacher stock, restricted stock and options is included in their SEC filings on Forms 3, 4 and 5, which can be found at the Companys website (www.gleacher.com) in the section Investor Relations-SEC Filings. More detailed information regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, will be set forth in the proxy statement and other materials to be filed with the SEC in connection with Gleachers 2013 Annual Meeting. Information can also be found in Gleachers Annual Report on Form 10-K for the year ended December 31, 2011, filed with the SEC on March 20, 2012. Stockholders will be able to obtain any proxy statement, any amendments or supplements to the proxy statement and other documents filed by Gleacher with the SEC for no charge at the SECs website at www.sec.gov. Copies will also be available at no charge at Gleachers website at www.gleacher.com or by writing to Gleacher & Company, Inc. at 1290 Avenue of the Americas, New York, New York 10104.
For Additional Information Please Contact:
Investor Contact |
Media Contact |
Gleacher & Company, Inc. |
Marcia Horowitz |
Thomas J. Hughes |
Rubenstein Associates |
Chief Executive Officer |
212.843.8014 |
212.273.7100 |
|