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DALLAS - Westwood Holdings Group, Inc. (NYSE: WHG), a Dallas-based boutique asset management firm with a market capitalization of $126.47 million, has appointed J. Hale Hoak and Katherine Murray to its Board of Directors. The announcement, made today, underscores the firm’s commitment to broadening its leadership with seasoned professionals possessing deep expertise in finance and investment management. According to InvestingPro data, the company maintains a strong financial health score of GOOD, supported by robust liquidity metrics and consistent dividend payments spanning 24 years.
Hoak, a Dallas resident with over 25 years of investment experience, currently presides over Hoak & Co., an investment holding company. His background includes co-founding Inwood Capital Partners, L.P., and serving as vice president of Hoak Capital Corporation. Hoak also holds board positions with Nova Compression, LLC; Ruan, Inc.; and BTC Financial Corporation, among other past board roles and philanthropic involvements.
Joining from Houston, Katherine Murray brings over 33 years of senior finance executive experience in the energy sector and public accounting. As an independent financial consultant and interim CFO since 2018, Murray has advised on finance strategies, cost optimization, and capital raises. Her career includes tenures at McDermott International, Inc. and El Paso Corporation, as well as a start at Arthur Andersen. Murray also serves on the board of Core Laboratories, Inc., contributing her financial acumen to the audit and compensation committees.
Brian O. Casey, CEO of Westwood Holdings Group and Westwood Wealth Management, expressed confidence in the appointments, highlighting the value of their diverse perspectives and industry knowledge to the company’s growth strategies. Both Hoak and Murray expressed their enthusiasm for joining the board, each emphasizing alignment with Westwood’s client-first approach and dedication to investment excellence.
The new board members are expected to contribute to Westwood’s ongoing mission to deliver exceptional value to clients and stockholders, leveraging their regional insights and financial expertise. This move aligns with Westwood’s values of inclusivity, community engagement, and fostering connections.
Westwood Holdings Group, known for its actively managed and outcome-oriented investment strategies, has cultivated a reputation for its client-centric approach and bespoke investment solutions over its 40-year history. The firm prides itself on a culture of integrity, reliability, and collaboration, rooted in its origins as a woman-founded company. Recent InvestingPro data shows the company’s solid performance with 5.5% revenue growth and an attractive dividend yield of 3.84%. For deeper insights into WHG’s financial health and growth prospects, investors can access comprehensive analysis through InvestingPro’s detailed research reports, available for over 1,400 US stocks.
The information for this report is based on a press release statement.
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