Service-disabled, vet-owned Drexel Hamilton transitions leadership

Service-disabled, veteran-owned financial services firm Drexel Hamilton said Wednesday its president and CEO James Cahill has retired from the company.

Three service-disabled veterans have subsequently taken on day-to-day leadership responsibilities for the New York City-based firm. Army veteran Tony Felice has been appointed CEO, while fellow Army veteran John Martinko and Marine Corps veteran Dan Boyle will act as co-presidents.

Founded in 2007 by Lawrence Doll, Drexel Hamilton is an institutional investment firm that aims to offer meaningful employment opportunities to disabled veterans that make up for almost a fifth of its total workforce.

Military veterans are 40 percent of the firm’s total workforce and have hired and trained 82 veterans since its launch.

The firm’s services for public and private institutions include equity research and execution, fixed-income execution and strategy, municipal finance and capital markets. Its equity research covers many of the largest federal contractors in areas such as defense hardware, IT and professional services.