Dallas-based Hilltop Holdings Inc. announced Jonathan S. Sobel has been elected to the company’s board of directors and named non-executive chairman of its broker-dealer subsidiary, Hilltop Securities Inc., succeeding Hill A. Feinberg who will continue to serve the firm as chairman emeritus. Sobel is the managing member of DTF Holdings, LLC. Prior to forming DTF Holdings, he was an employee of Goldman Sachs & Co. from 1987 to 2008, serving as a partner managing director from 1998 to 2008. While at Goldman Sachs, Sobel was global head of the mortgage department, global head of money markets, head of the firm’s Global Bank Group, and chief risk officer for Goldman Sachs Asset Management. He also was a member of Goldman Sachs’ capital, risk and finance committees. He is a trustee of the Hospital for Special Surgery and the Whitney Museum, and is a member of the Columbia College Alumni Association’s executive committee. Feinberg has more than four decades of financial industry experience and joined HilltopSecurities’ legacy firm, First Southwest Company, as Chairman and CEO in 1991. He was succeeded as President and CEO of HilltopSecurities by M. Bradley Winges in February 2019. As chairman emeritus, he will continue to collaborate with the firm’s leadership on client and business development, working to expand the company’s brand across the nation. Feinberg will continue to serve as a director of Hilltop Holdings and will be a non-voting member of HilltopSecurities’ board of directors.