Dominari Holdings names board member Ledwick as interim CFO

NEW YORK - Dominari Holdings Inc. (NASDAQ:DOMH), a $107.6 million market cap financial services company, announced Tuesday that board member Tim Ledwick will step down from his director position to serve as Interim Chief Financial Officer, effective October 1, 2025. According to InvestingPro analysis, the company’s stock is currently trading near its Fair Value, after delivering an impressive 662% return year-to-date.

Ledwick brings over three decades of financial leadership experience to the role. He recently provided CFO consulting services to a Nasdaq-listed public safety technology company and previously served as Chief Financial Officer at Syft, a hospital software solutions provider that was successfully sold to Global Health Exchange. His appointment comes as Dominari shows strong liquidity metrics, with InvestingPro data revealing a healthy current ratio of 2.51, indicating robust short-term financial stability.

"Tim has extensive experience leading financial operations across multiple industries," said Anthony Hayes, Chief Executive Officer of Dominari Holdings, in a press release statement. "He will focus on strengthening our financial organization, supporting the execution of our strategic priorities, and positioning the Company for long-term value creation."

Ledwick’s prior experience includes serving as Executive Vice President and CFO of Dictaphone Corporation and CFO roles at Lernout & Hauspie Speech Products, Cross Media Marketing Corp, and Cityscape Financial Corp. He currently serves as a board member and Audit Committee Chair at Telkonet, Inc.

A certified public accountant, Ledwick holds a BBA in Accounting from George Washington University and an MS in Finance from Fairfield University.

Dominari Holdings is the parent company of Dominari Securities LLC, a FINRA, MSRB and SIPC member firm that provides securities brokerage and registered investment adviser services. While the company posted remarkable revenue growth of 455% in the last twelve months, InvestingPro analysis indicates ongoing profitability challenges, with additional insights available to subscribers.

In other recent news, Dominari Holdings Inc. announced several significant developments. The company declared a special cash dividend of approximately $5 million, translating to $0.22 per share, which will be payable to shareholders and certain warrant holders as of September 3, 2025. In a strategic move, Dominari Holdings formed a new Crypto Advisory Board to support its expansion into the cryptocurrency sector, aiming to guide acquisitions and partnerships in the digital asset space. Additionally, Tim Ledwick has been appointed as the new chief financial officer, effective October 1, following his resignation from the board of directors. Brian Parsley, an entrepreneur and behavioral analyst, has joined the board of directors, focusing on enhancing marketing and investor outreach strategies. Furthermore, Dominari Holdings has ended its association with Resolution Minerals and Oakley Capital, with its subsidiary and advisors terminating their connections with these entities. These recent developments reflect the company’s ongoing strategic adjustments and expansion efforts.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.