GlassBridge Enterprises, Inc. announced that on September 25, 2023, Joseph De Perio and Robert Searing resigned as directors of the Company effective immediately. Neither of Mr. De Perio or Mr. Searing advised the Company of any disagreement with the Company on any matter relating to its operations, policies or practices. On September 25, 2023, the Board of the Company increased the Board to five members and appointed Daniel Strauss, Keri Findley and Claire Councill to serve as directors.

Daniel A. Strauss is the Company?s Chief Executive Officer. Mr. Strauss has served as the Company?s Chief Executive Officer since December 2019. Previously, Mr. Strauss served as the Company?s Chief Operating Officer from March 2017 through December 2019.

Mr. Strauss was a Portfolio Manager at Clinton from 2010 until 2019. Mr. Strauss has over fifteen years of experience in corporate finance as a portfolio manager and investment analyst in private and public equity. At Clinton, Mr. Strauss was responsible for evaluating and executing private equity transactions across a range of industries.

Post-investment, Mr. Strauss was responsible for the ongoing management and oversight of Clinton?s portfolio investments. From 2008 to 2010, he worked for Angelo, Gordon & Co., as a member of the firm?s private equity and special situations area. Mr. Strauss was previously with Houlihan Lokey, where he focused on mergers and acquisitions from 2006 to 2008.

Mr. Strauss has served on the boards of directors of Pacific Mercantile Bancorp from August 2011 until December 2015 and Community Financial Shares, Inc. from December 2012 until its sale to Wintrust Financial Corporation in July 2015. Mr. Strauss received a Bachelor of Science in Finance and International Business from the Stern School of Business at New York University. Keri Findley is the CEO of Tacora.

Ms. Findley was Partner at Third Point LLC from 2016 to 2017, a hedge fund founded and run by Daniel Loeb, from 2009 to 2017, having joined the firm to start and build its structured credit business. Prior to joining Third Point LLC, Ms. Findley was an analyst with EOS Partners, an alternative investment firm, and before that with D.B. Zwirn & Co., a special situations investment firm spun off from Highbridge Capital Management (now part of JPMorgan Chase). Ms. Findley serves as an advisor to Firework Ventures and 8VC, a venture capital firm founded by Joe Lonsdale and on the boards of directors of Shogun, Karus, and Architect.

She previously served on the board of Clearbanc and LIT. Ms. Findley earned a Bachelor of Science in Operations Research from Columbia University. Claire Councill is a Managing Director on Tacora?s investment team.

Previously, Ms. Councill was an investor at SuRo Capital from 2019 to 2022. Prior to that, Ms. Councill worked in strategic finance at 1stdibs, a VC-backed luxury ecommerce marketplace, where she helped the company execute M&A and raise Series D financing. She began her career in leveraged finance investment banking at Goldman Sachs in New York.

Ms. Councill graduated with a Master of Science in Finance and Bachelor of Arts in Art History from the University of Virginia, where she was a Jefferson Scholar.