Westwood Holdings Group announced that Randy A. Bowman has been elected as the new Chairman of its Board of Directors, succeeding Dick Frank. Dick Frank served as a Westwood board member for 19 years and was the Board Chair for the last 10 years of his service. Randy Bowman, a member of Westwood?s board since 2021, brings extensive experience as an entrepreneur, innovator, leader, and philanthropist.
His leadership roles include Chair of the City of Dallas Employee Retirement Fund and the Impact Dallas Capital Mezzanine Fund. Over the past four years, Randy has actively contributed to shaping Westwood?s strategic direction and is well-positioned to build on the leadership legacy established by founder Susan Byrne and Dick Frank.
Westwood Holdings Group, Inc. manages investment assets and provides services for its clients through its subsidiaries, Westwood Management Corp., Westwood Advisors, L.L.C., Broadmark Asset Management LLC, and Salient Capital L.P. The Company's segments include Advisory and Trust. The Advisory segment provides investment advisory services to corporate pension and profit-sharing plans, public employee retirement funds, Taft-Hartley plans, endowments, foundations and individuals; sub-advisory; pooled investment vehicles, including collective investment trusts. The Trust segment provides trust and custodial services and participation in common trust funds that it sponsors for institutions and high-net-worth individuals. Its advisory business encompasses six distinct investment capabilities, including United States (U.S.) Value Equity, Multi-Asset, Energy and Real Assets, Tactical Absolute Return, Income Alternatives and Managed Investment Solutions.
