Oppenheimer Holdings Inc. Announces CEO Succession; Albert G. Lowenthal Transitions To Executive Chairman; Robert S. Lowenthal Appointed CEO & President

ALBERT G. LOWENTHAL TRANSITIONS TO EXECUTIVE CHAIRMAN

ROBERT S. LOWENTHAL APPOINTED CEO & PRESIDENT

NEW YORK, Feb. 27, 2025 /PRNewswire/ -- Oppenheimer Holdings Inc. today announced that Albert G. Lowenthal, Chairman of the Board of Directors and Chief Executive Officer (CEO), would step down as CEO of the Company and its primary operating subsidiary, Oppenheimer & Co. Inc. (Opco), effective at the close of the Annual Shareholders Meeting of the Company to be held on May 5, 2025. Mr. Lowenthal will continue in his role as Chairman of the Company and also will serve as Executive Chairman of Opco. He will be succeeded by Robert S. Lowenthal, currently serving as President and Head of Investment Banking, who will become CEO and President.