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Cowen Group Board Member Resigns
[May 05, 2011]

Cowen Group Board Member Resigns


May 05, 2011 (Close-Up Media via COMTEX) -- Cowen Group, Inc. has announced that Edoardo Spezzotti has resigned from Cowen's Board effective April 27.

Cowen noted that Spezzotti is Executive VP of UniCredit Group and Vice Chairman of Corporate and Investment Banking of UniCredit S.p.A.

Peter Cohen, Cowen Group's Chairman and CEO, said, "On behalf of the Board, I thank Edoardo for his service to the Company over the past 16 months that he has served as a Board member. He was instrumental in the transition of Ramius to a public company and his international investment banking and corporate finance experience was greatly appreciated." Cowen Group is a diversified financial services firm and, together with its consolidated subsidiaries, provides alternative investment management, investment banking, research, and sales and trading services through its two business segments: Ramius and its affiliates make up the Company's alternative investment management segment, while Cowen and Company is its broker-dealer segment.




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