Carter D. MackPresident, JMP Group
Carter D. Mack
President, JMP Group
Carter Mack is a co-founder of JMP Group and serves as its President. He is also a member of the executive committee of JMP Group and serves on its board of directors. From the company’s inception in 1999 through 2010, Carter served as Director of Investment Banking at JMP Securities; and, from 2007 through 2010, he additionally served as Co-President of JMP Securities.
Carter served as a member of the IPO Task Force that provided a series of recommendations on ways to improve the IPO market in a report to the U.S. Treasury Department in October 2011. These recommendations were incorporated into the JOBS Act, which was signed into law in April 2012.
Prior to founding JMP, Carter served as a Managing Director in the financial services investment banking group at Montgomery Securities, now Banc of America Securities, from 1996 to 1999. He previously spent five years in investment banking at Merrill Lynch, focused on financial institutions. During his career, Carter has been involved in corporate finance and merger and acquisition transactions totaling more than $100 billion in value.
Carter holds an MBA from the UCLA Anderson School of Management and a BA in Economics from the University of California, Berkeley.
Mark L. LehmannPresident, JMP Securities
Mark L. Lehmann
President, JMP Securities
Director of Equities
Mark Lehmann is President of JMP Securities. He is also a member of the executive committee of JMP Group and serves on its board of directors.
Prior to joining JMP in 2003, Mark was a Managing Director at U.S. Bancorp Piper Jaffray, where he initiated and managed the firm’s middle-market sales effort. Mark previously served as both the Global Director of Institutional Sales and the Global Director of Equity Research at Banc of America Securities after working as an institutional salesperson at the firm and its predecessor, Montgomery Securities, for 10 years.
Mark holds a JD from the New York University School of Law and an undergraduate degree from the University of Illinois. He is also a certified public accountant.
Kent LedbetterDirector of Investment Banking
Director of Investment Banking
Head of Real Estate & Lodging Investment Banking
Kent Ledbetter is Director of Investment Banking and head of real estate and lodging investment banking at JMP Securities. In addition, he is a member of the executive committee of JMP Group.
Kent joined JMP Group in 2004 as a Managing Director. From 2007 through 2010, he served as Director of Corporate Finance. Prior to joining JMP, Kent was in the real estate investment banking group at Lehman Brothers, based in London and San Francisco. He was previously a Senior Vice President in real estate investment banking at PaineWebber Incorporated. During his 21-year career, Kent has been involved in more than $20 billion of public debt and equity capital raising transactions and more than $10 billion of domestic and international mergers and acquisitions.
Kent holds a BBA in finance from the University of Oklahoma.
Thomas R. WrightDirector of Equities
Thomas R. Wright
Director of Equities
Tom Wright is a Managing Director and is JMP Securities’ Director of Equities. In addition, he is a member of the executive committee of JMP Group.
Before joining JMP, Tom served as global head of trading at Sanford C. Bernstein & Co. for eight years. During the ten prior years, he held a variety of leadership positions at Merrill Lynch & Co., most recently as head of European equity trading and salestrading and previously as head of U.S. equity trading and salestrading. Tom was also a vice president and Nasdaq salestrader at Goldman Sachs & Co. for eight years. He began his career at Merrill Lynch & Co. on the Nasdaq desk in 1983.
Tom received an MBA from New York University Stern School of Business and a BS in economics and finance from Boston College.
Research, Sales and Trading
Jeffrey H. SpurrDirector of Research
Jeffrey H. Spurr
Director of Research
Jeff Spurr is a Managing Director and is JMP Securities’ Director of Research.
Jeff previously served as JMP’s Director of Product Management, focused on the optimization of the firm’s equity research product, from 2007 through 2011 and as Director of Institutional Sales from 2005 through 2009. Prior to joining JMP, Jeff was a Vice President in equity sales at Morgan Stanley with coverage of major west coast institutional clients and was a Managing Director in institutional sales at NationsBanc Montgomery Securities. Beforehand, he was a portfolio manager at Reindeer Capital, L.P. and the general partner of The Steelhead Fund, L.P. Jeff’s earlier investment and financial advisory experience includes roles in the real estate investment banking group of Coldwell Banker Commercial, the acquisition and development arm of American Continental Properties, the mergers and acquisitions department of E.F. Hutton and the corporate sale/leaseback division of Integrated Resources.
Jeff holds an MBA from the Amos Tuck School of Business Administration at Dartmouth College and a BA from the University of Vermont.
Thomas M. HealyDirector of Institutional Sales
Thomas M. Healy
Director of Institutional Sales
Tom Healy is a Managing Director and is Director of Institutional Sales.
Prior to joining JMP, Tom worked in institutional equity sales at Susquehanna Financial Group and Pali Capital, covering major New York area accounts at both firms. He was previously a Managing Director at UBS, serving as Co-Head of New York Equity Sales for the majority of his four-year tenure, and at Friedman, Billings, Ramsey & Co., serving as head of the New York office for six years while overseeing the creation and expansion of the firm’s institutional brokerage platform there. He started his institutional sales career at BlueStone Capital Securities.
Tom holds a BA from University of Massachusetts Amherst.
Charles SweeneyDirector of Trading
Director of Trading
Charlie Sweeney is a Managing Director and is Director of Trading.
Prior to joining JMP, Charlie served as Co-Head of U.S. Equity Trading at Cantor Fitzgerald & Co., where he also had day-to-day trading responsibility for the financial sector. For the previous three years, Charlie was Head of Cash Equity Trading and Sales Trading at Susquehanna Financial Group, where he participated in the overhaul of the firm’s sales and trading infrastructure as part of a six-member management team. Beforehand, he spent two years at Deutsche Bank Securities, trading equities in the financial sector and overseeing all cash equity trading in his second year at the firm. From 1991 until 2007, Charlie worked in equity trading at Merrill Lynch & Co., holding a variety of managerial positions and completing his tenure there as a Managing Director and head of the healthcare and financial sectors, with day-to-day trading responsibility for the healthcare sector.
Charlie holds a BS in business from Penn State University.
Raymond JacksonChief Financial Officer
Chief Financial Officer
Ray Jackson is a Managing Director and is Chief Financial Officer of JMP Group.
Prior to joining JMP, Ray was corporate controller and an executive officer at Redwood Trust, a publicly traded mortgage REIT. He was previously a senior manager for three years with PricewaterhouseCoopers in the financial services and banking industry practice in San Francisco. He also spent five years with KPMG as a senior audit manager and audit manager in San Francisco and the UK and spent three years with Deloitte & Touche in the UK.
Ray holds a BS degree with honors from Loughborough University in England and is a member of the Institute of Chartered Accountants in England and Wales.
Scott SolomonChief Legal Officer
Chief Legal Officer
Scott Solomon is a Managing Director and the Chief Legal Officer of JMP Group.
Before joining JMP, Scott was the General Counsel of a Los Angeles-based financial and strategic advisory firm formed by several former officers of Houlihan Lokey. He previously served as the General Counsel of Youbet.com, a public company that was acquired by Churchill Downs. Scott was also the first General Counsel of Houlihan Lokey, an international investment banking firm. He began his legal career at Sidley & Austin.
Scott holds a JD from The University of California, Los Angeles and a BS in accountancy from The University of Illinois.
Mercedes BroeningChief Information Officer
Chief Information Officer
Mercedes Broening is a Managing Director and is Chief Information Officer of JMP Group.
Mercedes brings fifteen years of technology management experience to her role. Prior to joining JMP, she was responsible for technology infrastructure and development for Tularik, Inc. Additionally, she has held senior technology management and project management roles with Volt Technical Services and PG&E.
Mercedes holds a BA in chemistry from University of California, Berkeley.
Gil MogaveroChief Compliance Officer
Chief Compliance Officer
Gil Mogavero is a Managing Director and is Chief Compliance Officer of JMP Securities.
Prior to joining JMP, Gil was Chief Financial Officer and Chief Administrative Officer at Mitchum, Jones & Templeton, a San Francisco-based brokerage firm, with oversight of compliance and operations. Gil previously spent a year at Robertson Stephens as vice president of operations. From 1987 through 1996, Gil served as head of compliance and operations at Volpe, Welty & Company, where he established the firm’s brokerage operations, compliance procedures and communications infrastructure. Earlier in his career, Gil held compliance and operations positions at Donaldson, Lufkin & Jenrette and Oppenheimer & Co., among other financial institutions.