PHILADELPHIA--(BUSINESS WIRE)--SolomonEdwards, a leading professional services firm providing exceptional people for complex situations, is pleased to announce the appointment of Lewis S. Ranieri to its Board of Directors.
About Lewis Ranieri
Mr. Ranieri serves as Chairman and Senior Managing Partner of Ranieri Partners LLC, an advisor and manager of private investments; Chairman of the Board of Managers of Shellpoint Partners, LLC, a residential mortgage originator; and Founder and Chairman of Ranieri Strategies LLC. Widely considered to be the father of the securitized mortgage market, he served as Vice Chairman of Salomon Brothers, Inc. In this role, he developed the capital markets as a source of funds for housing and commercial real estate, established Salomon’s leadership position in the mortgage-backed securities area, and also led the effort to obtain federal legislation to support and build the market. At Salomon, Mr. Ranieri had responsibility for the firm’s activities in the mortgage, real estate and government-guaranteed areas.
In addition, Mr. Ranieri is regarded as an expert and innovator in both the mortgage and capital markets and has served as Co-Chairman on the National Association of Home Builders Mortgage Roundtable continuously since 1989. In recognition of his dedication and lifelong achievements in the housing industry, Mr. Ranieri was inducted into the National Housing Hall of Fame. He is also a recipient of the lifetime achievement award given by the Fixed Income Analysts Society, Inc. and was subsequently inducted into the FIASI Hall of Fame for outstanding practitioners in the advancement of the analysis of fixed-income securities and portfolios. In November 2004, BusinessWeek magazine named him one of “the greatest innovators of the past 75 years,” and in 2005, he received the Distinguished Industry Service Award from the American Securitization Forum.
“Lewis is an incredible asset, and I’m honored that he is joining the SolomonEdwards Board of Directors,” said CEO Ed Baumstein. “His guidance will substantially enhance our leadership role as a professional services advisor to the banking/financial services industry. His insights will be an incredible resource to help fuel our continued market growth. Lewis also brings a wealth of experience in the practical applications of technology to the banking sector.”
According to Mr. Ranieri, “SolomonEdwards is ahead of the curve. Their consultants are smart, dedicated and committed to client service, as well as substantial subject matter experts. I’m excited to lend my support to this excellent firm. I’ve personally known Ed Baumstein, the firm’s CEO, for over 10 years. The leadership is innovative and forward thinking. I have never been disappointed when I have referred a client to them.”
SolomonEdwards is a leading professional services firm, operating from offices strategically located in thriving U.S. markets to serve domestic and multinational clients in a variety of industries. We help organizations execute their crucial business strategies by providing extensive experience, deep subject matter expertise and agility within ever-changing business dynamics. We focus in the areas of Accounting & Finance, Governance & Regulatory Compliance, Mergers & Acquisitions, Business Transformation, Organizational Effectiveness, Program & Project Management and Communications. Put simply, we provide exceptional people for complex situations. For more information, please visit www.SolomonEdwards.com.