– USA, CT – Star Equity Holdings, Inc. (Nasdaq: STRR / STRRP), a diversified holding company, announced the appointment of Todd Fruhbeis, Jennifer Palmer, and Louis Parks to its Board as independent directors replacing John Gildea and Mitch Quain, who resigned from the Board effective June 30, 2024.
About Todd Fruhbeis
Todd Fruhbeis has over 25 years of capital markets experience. Most recently, for over 15 years, he served as HSBC’s Head of Structured Product Sales and Equity Derivatives Sales in, the Americas. Before that, he was a Managing Director at Bear Stearns and Vice President at Deutsche Bank, specializing in equity derivative sales.
He holds a Bachelor of Business Administration degree from the University of Massachusetts and a Master of Business Administration degree from the Wharton School, University of Pennsylvania. In addition to his extensive capital markets experience,
About Jennifer Palmer
Jennifer Palmer has over 15 years of small-to-mid-size company banking experience. She is the Founder and CEO of JPalmer Collective, a firm specialized in funding high-growth companies including women-led companies and consumer brands with a special focus on sustainability and inclusivity. She was also recently President of the Secured Finance Network, the leading trade organization in the commercial finance industry. Ms. Palmer was previously CEO of Gerber Finance, where she grew the firm’s asset-based lending portfolio by more than 140% and achieved the firm’s second most profitable year in its 25-year history amid the COVID-19 pandemic.
Jennifer Palmer holds a Bachelor of Arts degree from Marist College and a Doctor of Law degree from Fordham University School of Law. Ms. Palmer brings to Star’s Board a deep knowledge of, and connections to, financing solutions for Star’s businesses and clients.
About Louis Parks
Louis Parks has over 35 years of investment management and board experience and is currently Managing Member, COO & CFO at Tyro Capital Management LLC, an equity hedge fund with over $200 million in assets under management and a value-based investment approach. He is also a partner at Metropolitan Business Funding LLC, a firm that provides merchant cash advances for small businesses throughout the United States. Previously, he was COO and CCO of Krensavage Asset Management LLC, Senior Managing Director & Head of Equities at CL King & Associates, and Senior Managing Director & Head of Equity Trading at Raymond James Financial. Mr. Parks currently serves on the boards of Sunroof Software Inc., an innovative SaaS solution for optimizing customer experience, and Reliability Inc., a provider of staffing solutions for a variety of industries.
Louis Parks holds Bachelor of Arts degrees from New York University and Columbia University, a Master of Arts degree from Columbia University, and a Master of Business Administration degree from Columbia Business School.
About Star Equity Holdings, Inc.
Star Equity Holdings, Inc. is a diversified holding company currently composed of two divisions: Building Solutions and Investments.
For more information: https://www.starequity.com/
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