NEW YORK, Aug. 7 /PRNewswire-FirstCall/ -- Oppenheimer Holdings Inc.
(NYSE and TSX: OPY), today issued the following statement:
"It is with deep sadness that I report the passing last night of Michael
Metz, our Chief Investment Strategist," said Albert G. Lowenthal, Chairman and
CEO of Oppenheimer Holdings Inc. "He was a kind-hearted and generous man,
whose intuitions about the stock market, sense of investment strategy and
understanding of client needs were well-honed after years of experience. His
wisdom and warmth will be greatly missed."
Mr. Metz began his career as an analyst with Standard & Poor's in 1959. He
started at Oppenheimer in 1969 as an analyst, and soon moved to the
equity-trading desk where he supported the firm's block trading activities.
From 1990 until 2002, he served as Chief Investment Strategist for
Oppenheimer & Co. Inc. In that position, he advised retail and institutional
investors and brokers on investment strategy and portfolio selection. He also
actively managed investment partnerships for some of the firm's high net-worth
clients. He was a Managing Director and the investment decision maker on
several investment partnerships for affluent clients in the U.S. and abroad.
Mr. Metz received a B.A. from Dartmouth College, an L.L.B. from Harvard
Law School and an L.L.M. from New York University Law School, and served in
the United States Navy as a trial lawyer.
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