SANTA MONICA, Calif. & AUSTIN, Texas--(EON: Enhanced Online News)--Cappello Group, Inc., the management company for investment bank Cappello Capital Corp. (FINRA member) and Cappello Group’s affiliated businesses and investments, today announced that Sean Kelly has been promoted to president. Alexander L. Cappello, who founded Cappello Group in 1973, remains as chairman and CEO.
“Sean’s track record of managing people and projects while successfully originating and personally executing major transactions, and taking an active role in company management, make him the obvious choice to assume the role of president.”
Mr. Kelly, 44, joined Cappello Group in 1998, and has served as both a managing director at Cappello Capital Corp. and managing partner of Cappello Group, Texas LLC since 2007. Over the course of his investment banking career, he has successfully advised dozens of public and private companies operating in a wide range of industries in the execution of M&A, equity and debt transactions. Prior to joining Cappello Group, Mr. Kelly worked as an investment banker at Deutsche Bank and Alex. Brown & Sons.
"We are proud of Sean’s accomplishments, and appreciate the many years of leadership that he has demonstrated at Cappello," Alexander L. Cappello said. "Sean’s track record of managing people and projects while successfully originating and personally executing major transactions, and taking an active role in company management, make him the obvious choice to assume the role of president."
While maintaining his primary focus on personally advising clients on strategic and financing transactions, Mr. Kelly will have an expanded role in managing the firm’s global operations and principal investment activities. He will remain in Austin, Texas, where he will continue to serve as managing partner of Cappello Group, Texas LLC.
Rob Deutschman, vice chairman of Cappello Group, Inc., said, “Sean has always taken an active role in managing the growth of the firm, and he has personally invested in our clients for many years. He understands the importance of delivering results for our clients and for our firm.”
“I am honored to assume a more formal role in the firm’s leadership and growth strategy,” noted Kelly. “Cappello has a unique platform focused on high quality, senior level execution for our clients, and I am excited to be in a position to contribute to the firm’s continued growth and success.”
About Cappello Group
Established in 1973, Cappello Group is the management company for Cappello Capital Corp., one of the oldest independent investment banks in the U.S. Cappello Capital Corp. specializes in providing financial and strategic advisory services to public and private companies across the U.S. and internationally. The firm’s principals have successfully executed M&A, equity, debt, strategic advisory and restructuring transactions with an aggregate value of over $155 billion, across many industries.