Boston, MA 10/15/2014 (wallstreetpr) – Oppenheimer Holdings Inc. (USA) (NYSE:OPY) announced yesterday that its fully owned Investment Banking unit Oppenheimer & Co. Inc. is continuing to post solid growth in the near term. It went on to announce the hiring of six new executives who will help the business unit attract new customers in “the healthcare, rental services and logistics, energy, technology” sectors and support them better. The unit has over the past two quarters generated nearly $150 million in profits, which translated to a 13 percent increase in comparison to the same six month period last year. In a press release dated 14th October, Oppenheimer Holdings Inc. (USA) (NYSE:OPY) announced the coming on board of Alexander Lim as Managing Director of Healthcare division, Neha Motwani as the Executive Director of Healthcare division. It also announced the hiring of Fred Larsen as Managing Director of its Rental Services and Logistics while Ramzi Nassar has been brought in as the Managing Director of the Oil Field Services.
Revenue management solutions and technology platform provider Model N, Inc. (NYSE:MODN) announced on 14th October that it has released the next-generation technology platform called Revvy CPQ to meet the specific and unique needs of the “medical technology manufacturers”. The new platform is expected to allow enterprises to manage their pricing and quoting practices seamlessly, without any geographical constraints.
Operational Intelligence software solutions and platform provider Splunk Inc (NASDAQ:SPLK) announced today that it has appointed Mr. Marc Olesen as a senior vice president and general manager. He has been tasked to grow the firm’s cloud solutions offerings. He will frame the company’s cloud strategy and also lead the cross functional “product development, product management, marketing” teams worldwide. Mr. Olesen is a 20 year veteran of the IT industry and had functioned as the CEO of cloud based solutions provider Averail before his move into Splunk.
