New York-based Maxim Group has promoted James Siegel, who has served as co-general counsel since 2008, to assume the role of sole general counsel.
Edward Rose, vice-chair of Maxim, has been co-general counsel of the investment-banking, securities and wealth-management firm, which he co-founded in 2002.
‘Having served alongside Jim as co-general counsel for the past 10 years, it became clear that Jim has earned, and will be extremely successful in, the role of general counsel,’ Rose says in a statement. ‘Jim has extensive experience working with all areas of the firm to maximize commercial and strategic opportunities. His legal expertise enhances our team and increases our depth as we enter a new period of growth for Maxim Group.’
He adds: ‘Jim has grown into the role of general counsel, and his promotion will allow me to focus on additional areas of the firm to strengthen the organization as a whole.’
According to the firm, Rose will lead the expansion of Maxim’s efforts in areas such as strategic planning and business development.
Michael Rabinowitz, chair and CEO of Maxim, says in a statement: ‘Ed’s decision to promote Jim is indicative of his confidence in Jim’s ability and a decision that I couldn’t endorse more.’
Ben Maiden
Ben Maiden is the editor-at-large of Governance Intelligence, an IR Media publication, having joined the company in December 2016. He is based in New York. Ben was previously managing editor of Compliance Reporter, covering regulatory and compliance...
