Paul D. Vinton, executive vice president of Southwest Securities parent company SWS Group, is retiring effective December 31.
Vinton, 62, joined SWS Group in 1995 and has served as senior vice president and executive vice president of the company’s principal broker-dealer subsidiary, Southwest Securities, and executive vice president of SWS Group since 1998. In addition to risk management, Vinton’s responsibilities with SWS include the oversight of Southwest Securities’ clearing services, agency trading, portfolio trading and securities lending businesses.
“Over the course of his 40-year career, Paul has compiled an impressive list of accomplishments and contributions to our industry,” says James H. Ross, president and CEO of SWS Group. “On behalf of the board and entire management team, I would like to thank Paul for his strong leadership, passion and dedication to SWS Group. Paul has been a valuable member of our team for over 16 years, and we wish him all the best in his retirement.”
Vinton’s duties will be assumed by several current members of SWS Group’s senior management team. The firm is currently searching for a chief risk officer to assume Vinton’s risk management responsibilities and oversee enterprise risk management planning.
Prior to joining SWS Group, Vinton held management positions with several financial services firms, including CFO of BancOne Securities and president of DFW Clearing. He has been active in numerous industry organizations and committees, including the Depository Trust & Clearing Corporation’s settlement advisory board, the Texas Stock and Bond Association, and state regulation and legislation activities for the Securities Industry and Financial Markets Association (SIFMA).
(CG)