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Gleacher & Company’s Corporate Credit Division Hires Experienced Fixed Income Professionals To Strengthen Investment Grade Credit Group

Gleacher & Company Securities, Inc., a broker-dealer subsidiary of Gleacher & Company, Inc. (Nasdaq: GLCH), today announced that Thomas T. Giardi, David C. Nixon and William H. Pope have joined the Investment Grade Credit Group of the firm’s Corporate Credit Division as Managing Directors.

Messrs. Giardi, Nixon and Pope deepen Gleacher & Company’s corporate bond sales and trading capabilities. They will support the firm’s market making activities as well as transactions in the corporate bond markets. These additions are the latest in a series of recent hires that have significantly expanded Gleacher & Company’s fixed income platform.

Thomas Hughes, Chief Executive Officer, said, “We are making great strides in growing our Corporate Credit Division and in solidifying Gleacher & Company’s position as a leader in fixed income. I am pleased with our growth and progress in executing against our strategic plan, both of which are underscored by these outstanding new hires in Investment Grade Credit.”

Geoffrey Coley, Managing Director and Head of Gleacher & Company’s Corporate Credit Division, said, “Tom, Dave and William bring complementary talents in sales and trading to our Investment Grade Credit Group. Tom’s proven experience developing and leading investment grade credit teams, Dave’s reputation for building and supporting client relationships, and William’s track record of superior trading and market making capabilities will be invaluable as we build on our already strong position in corporate credit. We welcome them to the team.”

Messrs. Giardi, Nixon and Pope said, “This is an exciting time to join Gleacher & Company as the firm continues to grow its Corporate Credit Division and expand its fixed income platform. Gleacher & Company has a unique model and approach, and we look forward to leveraging our experience to better-support clients, enhance the firm’s relationships and drive growth.”

About Mr. Giardi

Mr. Giardi has more than a decade of corporate bond trading experience. Prior to joining Gleacher & Company, he was a Managing Director for Corporate Bond Trading at US Bancorp Investments, Inc., where he was a founding member of US Bancorp’s Investment Grade Cash Trading team specializing in banks, brokers and finance companies. Previously, he was a Director of Corporate Bond Trading at Citigroup Global Markets, where he was a high volume trader and helped develop Citigroup’s presence as market maker. He began his career as a corporate bond trader at Wachovia Capital Markets as a Vice President of Corporate Bond Trading. Mr. Giardi received a B.A. in Economics from Harvard University.

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