Oppenheimer CEO succession: Albert Lowenthal to become Executive Chairman; Robert Lowenthal named CEO

OPPENHEIMER HOLDINGS INC

Albert Lowenthal steps down as CEO effective May 5, 2025; remains Chairman and becomes Executive Chairman of Opco.
Robert Lowenthal, currently President and Head of Investment Banking, appointed CEO and President of company and Opco.
Robert Lowenthal has been with Oppenheimer over 25 years; roles include CIO, Global Head of Fixed Income, and Head of IB.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Albert G. Lowenthal

Chairman of the Company and Executive Chairman of Opco

OPY · OPPENHEIMER HOLDINGS INC

Effective: 2025-05-05
Successor: Robert S. Lowenthal
Filed: February 27, 2025, 6:59 PM ET

Albert G. Lowenthal, Chairman of the Board of Directors (“Board”) and Chief Executive Officer (“CEO”), would step down as CEO of the Company and its primary operating subsidiary, Oppenheimer & Co. Inc. (“Opco”), effective at the close of the Annual Shareholders Meeting of the Company to be held on May 5, 2025. Mr. Lowenthal will continue in his role as Chairman of the Company and also will serve as Executive Chairman of Opco.

Appointed

Robert S. Lowenthal

Chief Executive Officer and President

OPY · OPPENHEIMER HOLDINGS INC

Effective: 2025-05-05
Filed: February 27, 2025, 6:59 PM ET

the Board unanimously appointed President and Director Mr. Robert S. Lowenthal (48) to serve as CEO of the Company and Opco, effective simultaneously with Mr. Albert Lowenthal’s transition.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Albert G. Lowenthal changed role as Chairman of the Company and Executive Chairman of Opco at OPPENHEIMER HOLDINGS INC.

Action: stepped down as CEO
Role: Chairman of the Company and Executive Chairman of Opco

Exact text from the filing

Albert G. Lowenthal, Chairman of the Board of Directors (“Board”) and Chief Executive Officer (“CEO”), would step down as CEO of the Company and its primary operating subsidiary, Oppenheimer & Co. Inc. (“Opco”), effective at the close of the Annual Shareholders Meeting of the Company to be held on May 5, 2025. Mr. Lowenthal will continue in his role as Chairman of the Company and also will serve as Executive Chairman of Opco.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert S. Lowenthal was appointed as Chief Executive Officer and President at OPPENHEIMER HOLDINGS INC.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

the Board unanimously appointed President and Director Mr. Robert S. Lowenthal (48) to serve as CEO of the Company and Opco, effective simultaneously with Mr. Albert Lowenthal’s transition.

View on SEC.gov

OPPENHEIMER HOLDINGS INC filing history →

Source: SEC EDGAR

accession 0000791963-25-000008

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