Westwood Appoints Mark A. Wallace, CPA, as Chief Financial Officer

DALLAS--(BUSINESS WIRE)--Westwood Holdings Group, Inc. (NYSE: WHG) announced the appointment of Mark A. Wallace as Chief Financial Officer. Mark’s thirty years of experience in senior financial officer roles were gained at several companies, including high growth NYSE corporations. Mark is highly experienced in dealing with complex SEC reporting issues, capital markets, global tax and treasury matters, mergers and acquisitions, and technology solutions.

Westwood’s former CFO, Bill Hardcastle, will focus on the growth of Westwood’s domestic and international fund business and will provide leadership in other corporate development and strategic initiatives.

Brian Casey, Westwood’s President & CEO, said, “We are very pleased to add Mark to the Westwood team. His wealth of experience as a senior financial officer for growing organizations will bring tremendous value to Westwood as we continue to execute our growth strategy. We would also like to express our gratitude for Bill’s contributions as CFO over the last seven years; he will continue to be an integral part of the Westwood team in his new role.”

Prior to joining Westwood, Mark served as Chief Financial Officer and held other financial leadership positions for an S&P 500 real estate investment trust, NYSE-listed international manufacturing corporations, and diversified industrial holding companies. Mark began his career with eleven years at Arthur Andersen LLP. Mark was awarded an MBA from Colorado State University and a BBA from Texas Tech University. He is also a Certified Public Accountant.

About Westwood

Westwood Holdings Group, Inc. provides investment management services to institutional investors, private wealth clients and financial intermediaries. Westwood manages a variety of investment strategies including U.S., Global and Emerging Markets equities as well as income-oriented portfolios. Access to these strategies is available through separate accounts, commingled funds and the Westwood FundsTM family of mutual funds. Westwood has significant, broad-based employee ownership and trades on the New York Stock Exchange under the symbol “WHG.” Based in Dallas, Westwood also maintains offices in Omaha and Toronto.