Eric has been investing in and advising private and public middle market companies for over twenty years. Currently, he directs WEDBUSH’s investment activities, oversees its strategic initiatives, and serves on the Board of Directors. His investment experience includes leveraged buyouts, recapitalizations, growth equity, negotiated investments into public companies, and venture capital. His specific industry experience and focus includes consumer products and services, basic manufacturing, financial services, environmental and specialty retailing.
Prior to joining WEDBUSH in 2000, Eric spent ten years as an executive with Wedbush Securities in the Equity Capital Markets Group, most recently as the Director of Equity Research. Prior to his role as Director of Research, Eric was a Managing Director of Investment Banking where he advised middle market companies and institutional investors on equity financings, mergers and acquisitions, and leveraged buyouts.
Eric began his private equity career with Wedbush Capital Partners, an institutional investment partnership where he completed several management buyouts and growth financings for lower middle market companies.
Eric currently serves on the Boards of WEDBUSH, Inc., Wedbush Securities, Lime Brokerage, and The UCLA Anderson School of Management Price Center Board of Advisors. Additionally, he serves as a Managing Director of both Wedbush Capital Partners and is the President of Wedbush Asset Management.
Eric holds an M.B.A. from The Anderson School at University of California, Los Angeles. He received his Bachelor of Science in Finance from San Diego State University.
Donald W. Hultgren is an Executive Vice President and Chief Administrative Officer (“CAO”) at Wedbush Securities. With over 35 years of experience in the financial industry, Don joins Wedbush after being President of Three Part Advisors, LLC, a Texas-based, capital markets advisory firm. Previously, he was President and Chief Executive Officer of SWS Group, the New York Stock Exchange listed holding company of Southwest Securities. Don began his career in 1981 as an equity research analyst and was Director of Equity Research at Raymond James and Associates before moving on to SWS. Prior to joining Wedbush Securities as CAO, Don has served on the Board of Directors of Wedbush Securities since 2013, and is a current director.
Mr. Hultgren earned his Bachelor of Arts in Accounting and Business/Management from Augustana College in Rock Island, IL, and then went on to complete his MBA with a concentration in Finance, from the University of Texas at Austin.
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John P. Schauerman, age 59, served as Executive Vice President of Corporate Development of Primoris Services Corporation (NASDAQ:PRIM), a specialty construction and infrastructure company (“Primoris”), from February 2009 to May 2013, where he was responsible for developing and integrating Primoris’ overall strategic plan, including the evaluation and structuring of new business opportunities and acquisitions. Prior to that, Mr. Schauerman served as Primoris’ Chief Financial Officer from February 2008 to February 2009, during which time Primoris went public through a merger with Rhapsody Acquisition Corp. He also served as a director of Primoris from July 2008 to May 2013 and as a director of its predecessor entity, ARB, Inc. (“ARB”) from 1993 to July 2008. Mr. Schauerman joined ARB in 1993 as Senior Vice President.
Previously, he served as Senior Vice President of Wedbush Morgan Securities, Inc., a regional investment bank focused on financing activities for middle market companies (n/k/a Wedbush Securities, Inc.). Mr. Schauerman has served on the Boards of Directors of MYR Group (NASDAQ: MYRG), a leading electrical infrastructure firm since March 2016; Harmony Merger Corp. (NASDAQ:HRMNU), a blank check investment company, since March 2015 and Wedbush Securities, Inc., a leading financial services and investment firm, since August 2014.
Mr. Schauerman holds an M.B.A. in Finance from Columbia University, New York, and a B.S. in Electrical Engineering from the University of California, Los Angeles.
Edward W. Wedbush is Founder and President of Wedbush Securities. From first year revenues of $659, Wedbush has grown to become the largest, full-service financial investment services and investment bank firm headquartered in the western USA serving clients through over 100 registered offices nationwide.
In addition to his tenure at Wedbush Securities, Ed currently serves as Chairman of the Board of WEDBUSH, Inc.; a Founding Board Member of the Fink Center for Finance and Investments at the University of California, Los Angeles; and a Board Member of the University of Cincinnati Foundation. He previously served as Chairman of the Board of The Pacific Stock Exchange (1976-1978); Director of the National Securities Clearing Corporation (1979-1982); Board Member of the Great American Bank (1987-1992); Chairman of the NYSE Regional Firms Advisory Committee (1987-1988); and Member of the Securities Industry and Financial Markets Association (formerly Securities Industry Association), Regional Firms Committee (1985-1995), as well as its Board of Directors (1988-1990).
Ed was the recipient of the Lifetime Achievement in Entrepreneurship Award from the University of Cincinnati (2010) as well as the Ernst & Young’s Entrepreneur of the Year Award, Greater Los Angeles (2006). He was honored as one of the University of California, Los Angeles’ “100 Inspirational Alumni” (2011) and one the “Most Admired CEOs” by the Los Angeles Business Journal (2010).
Ed holds a Bachelor of Science (B.S.) degree in Mechanical Engineering from the University of Cincinnati and a Masters of Business Administration(M.B.A.) from the University of California, Los Angeles. Originally from St. Louis, Missouri, Ed currently resides in Southern California with his wife Jean. In his spare time, he enjoys tennis, swimming and spending time with his three children and ten grandchildren.
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