Vinton to retire as SWS Group EVP
23 November 2011 Dallas
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Paul D. Vinton, executive vice president of SWS Group, is retiring from his role effective December 31, 2011.
Vinton, joined SWS Group in 1995 and has served as senior vice president and executive vice president of the Company's principal broker-dealer subsidiary, Southwest Securities, Inc., and executive vice president of SWS Group since 1998. In addition to risk management, Mr. Vinton's responsibilities with SWS include the oversight of Southwest Securities' clearing services, agency trading, portfolio trading and securities lending businesses.
Vinton's duties will be assumed by several current members of SWS Group's senior management team. In addition, the Company is currently recruiting for a chief risk officer, who will assume Vinton's risk management responsibilities and oversee enterprise risk management planning.
Prior to joining SWS Group, Vinton held management positions with several financial services firms, including chief financial officer of BancOne Securities and president of DFW Clearing. He has been active in numerous industry organizations and committees, including the Depository Trust & Clearing Corporation's settlement advisory board, the Texas Stock and Bond Association, and state regulation and legislation activities for the Securities Industry and Financial Markets Association.
Vinton, joined SWS Group in 1995 and has served as senior vice president and executive vice president of the Company's principal broker-dealer subsidiary, Southwest Securities, Inc., and executive vice president of SWS Group since 1998. In addition to risk management, Mr. Vinton's responsibilities with SWS include the oversight of Southwest Securities' clearing services, agency trading, portfolio trading and securities lending businesses.
Vinton's duties will be assumed by several current members of SWS Group's senior management team. In addition, the Company is currently recruiting for a chief risk officer, who will assume Vinton's risk management responsibilities and oversee enterprise risk management planning.
Prior to joining SWS Group, Vinton held management positions with several financial services firms, including chief financial officer of BancOne Securities and president of DFW Clearing. He has been active in numerous industry organizations and committees, including the Depository Trust & Clearing Corporation's settlement advisory board, the Texas Stock and Bond Association, and state regulation and legislation activities for the Securities Industry and Financial Markets Association.
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