NEW YORK--(BUSINESS WIRE)--Saber Partners, LLC announced today that Joseph S. Fichera, its Chief Executive Officer and Senior Managing Director, has been hospitalized in New York and has undergone complex surgery to repair a fractured pelvis. The surgery is expected to be successful however the recovery period will be long. Mr. Fichera is being treated at the Hospital for Special Surgery in New York City.
Mr. Fichera been hospitalized since August 31, 2014 and the firm delayed release of the information pending contacting Saber's private clients. Mr. Fichera will be on sick leave from the firm from August 31 through December 31, 2014 but will retain the authority of the CEO.
"Joe and I have known each other since 1984 and have been Saber Partners since 2003. I was always impressed with his energy and inability to be exhausted while promoting the multiple assignments across many sectors for Saber Partners LLC. We are confident this will be just a pause in our ability to continue to grow at the pace we have over the last 14 years," said Michael Noël, Senior Advisor and one of the firm’s three Senior Managing Directors.
Mr. Fichera was injured while assisting a friend with a household improvement at the home that he was spending the Labor Day weekend as a guest. Commenting on his injury for this release, Mr. Fichera said wryly, “Even though Saber is a leading user of technology, I regret that I do not have a YouTube video to share with you and relive, over and over and over again, such an auspicious life moment.”
Saber Partners, LLC is a privately held Wall Street firm providing financial advisory and management consulting services to corporations, governments and regulators. Founded in 2000, its New York Headquarters are located at 44 Wall Street. It has served as an advisor to ExxonMobil, the US Securities and Exchange Commission, Texas Instruments, Dow Corning, the Governor of California, Metropolitan Water District of Southern California, the States of Florida, Texas and West Virginia among others. It services include complex securities litigation as well as capital raising such as $8 billion in utility fee securitizations in 5 state, 12 transactions and 8 utilities. See Clients and Saber Partners LLC Web Site.