Westwood Holdings Group, Inc. and Westwood Trust Name Randy Bowman to the Board of Directors
May 03, 2021 at 04:00 am EDT
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Westwood Holdings Group, Inc. announced on May 3, 2021 that its Board of Directors has appointed Randy Bowman as a new director for both Westwood Holdings Group, Inc. and Westwood Trust. Raymond E. Wooldridge, who has served as a director since Westwood went public in 2001, does not intend to run for re-election at next year’s 2022 annual meeting. Mr. Wooldridge is looking forward to sharing his experience during this time of transition. Randy is an accomplished businessperson who founded, presided over and co-owned a successful logistics company, MWL, from 2001 until selling his interest in early 2017. His logistics company served the North American continent for Fortune 500 customers and achieved 49 consecutive quarters of operating profit.
Westwood Holdings Group, Inc. manages investment assets and provides services for clients through its subsidiaries, Westwood Management Corp., Westwood Advisors, L.L.C. and Salient Advisors, L.P. The Companyâs segments include Advisory and Trust. The Advisory segment provides investment advisory services to corporate pension and profit-sharing plans, public employee retirement funds, Taft-Hartley plans, endowments, foundations and individuals, sub-advisory. It also provides investment management services to the Westwood Funds. The Companyâs advisory business investment capabilities: United States Value Equity, Multi-Asset, Energy and Real Assets, Tactical Absolute Return, and Income Alternatives. The Trust segment provides trust and custodial services and participation in common trust funds that it sponsors to institutions and high-net worth individuals. It provides investment advisory services to institutional investors; a family of mutual funds called the Westwood Funds.
WESTWOOD HOLDINGS GROUP, INC. 