Doron Barness Named Head of Oppenheimer’s New York Institutional Equity Sales Trading; David Laufer, Anthony Mazzella to Co

  Doron Barness Named Head of Oppenheimer’s New York Institutional Equity
  Sales Trading; David Laufer, Anthony Mazzella to Co-Head Cash Equity Trading

Business Wire

NEW YORK -- August 13, 2013

Oppenheimer & Co. Inc., a unit of Oppenheimer Holdings (NYSE:OPY), is pleased
to announce that Doron Barness has been appointed Head of New York
Institutional Equity Sales Trading, working out of the firm’s New York
headquarters. Doron joined Oppenheimer in May 2013 from Goldman Sachs as
Managing Director and senior sales trader for a number of significant
institutional client accounts.

“We expect Doron’s insight, energy and experience to have a transformative
influence on Oppenheimer’s trading desk in this senior capacity as we seek to
expand our institutional market share,” said John Hellier, head of Equity
Capital Markets. “He is ideally positioned to continue the evolution of our
business in the face of the ever changing nature of equity trading on Wall

Oppenheimer is also pleased to announce the promotion of David Laufer and
Anthony Mazzella, who will assume positions as Co-Heads of Cash Equity
Trading. David and Anthony, as well as Doron Barness, will continue to report
to Head of Equity Trading Peter Feinberg.

David joined the Firm’s Cash Equity desk in 2012 as Senior Technology, Media
and Telecommunications (TMT) trader after 12 years at BMO and Canaccord
Genuity. His thoughtful and timely updates on the technology sector have
rapidly made him a thought leader on the trading desk. Co-Head Anthony
Mazzella, an Oppenheimer veteran of 19 years, has spent much of that time as
senior trader in our life sciences and biotechnology vertical. The firm has
come to rely on his deep experience and knowledge in the sector as well as his
leadership ability.

“I'm pleased with the improving business volumes on the trading desk and look
forward to the added experience on our leadership team,” Mr. Feinberg added.

Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer
Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide
a full range of wealth management, securities brokerage and investment banking
services to high-net-worth individuals, families, corporate executives, local
governments, businesses and institutions.

Certain statements in this release may constitute “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements involve a number of risks, uncertainties and other factors
that could cause actual results to differ materially, as discussed in the
Company’s filings with the Securities and Exchange Commission.


Peter Feinberg, 212-667-7222
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