NEW YORK, June 6, 2011 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (Nasdaq:INTL) today named Bill Goodbar and Camilo Salomon as managing directors in its corporate finance division, INTL Provident Group.
Goodbar brings more than 25 years of experience in corporate finance, having worked with agribusiness companies throughout the world, including AgriCapital Corporation, where in his role as managing director he led client projects in M&A, private placements, and valuations in North America, Europe, Brazil, Australia, India and Southeast Asia. Goodbar, based in New York, will lead the INTL Provident Group's agribusiness practice.
Salomon joins INTL Provident Group's Miami office as a managing director, strengthening the firm's structured finance practice for infrastructure projects in Latin America. He brings more than 23 years of experience that spans the energy, transportation, telecommunications and utility sectors in Latin America and the U.S. Hispanic markets.
INTL Provident Group CEO Steven J. Carlson said, "Bill and Camilo bring a wealth of experience in the corporate finance arena and possess the critical background, skills and relationships to serve INTL FCStone's global client base and support our growing corporate finance platform."
Sean O'Connor, CEO of INTL FCStone Inc., added, "as our customer base grows and becomes more diverse, we need to expand our capabilities to meet their needs. Bill and Camilo both extend our ability to provide corporate finance solutions to our customers around the globe."
About INTL FCStone Inc.
INTL FCStone Inc., through its subsidiaries, provides execution and advisory services in commodities, currencies and international securities. INTL FCStone's subsidiaries, which include the commodities advisory and transaction execution firm FCStone Group, serve more than 10,000 commercial customers in more than 100 countries through a network of offices in eleven countries around the world. Further information on INTL FCStone Inc. is available at .
Forward Looking Statements
This press release includes forward-looking statements including statements regarding the combined company. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to INTL FCStone Inc., are intended to identify forward-looking statements.
These forward-looking statements are based largely on current expectations and projections about future events and financial trends that may affect the financial condition, results of operations, business strategy and financial needs of the combined company. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the filings made by INTL FCStone Inc. with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release.
These forward-looking statements speak only as of the date of this press release. INTL FCStone Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.
CONTACT: INTL FCStone Inc. Bill Dunaway 866-522-7188 email@example.com