ESP Holdings Corp., the parent company of Electronic Securities Processing (ESP) LLC., has elected Scott Lenowitz to the board of directors of the company.
Mr. Lenowitz recently retired from Morgan Stanley after 23 years, where he was a managing director in the Institutional Equity Division and was responsible for technology and customer electronic trading. After the market crash of 1987, Mr. Lenowitz was a member of the Presidential Task Force on Market Mechanisms (the Brady Commission).
“Scotts track record for delivering innovative solutions and quality service to clients is very impressive. With his deep understanding of client needs, coupled with his operations and technology background, he will be a tremendous addition to our board,” says Joshua S. Levine, CEO of ESP.
“ESP has the solution the buy-side clients have been asking for namely, a way to manage the complexity and cost of trading and market fragmentation. I look forward to working with the board to help shape the direction of the company as it continues to tackle industry challenges and opportunities,” adds Lenowitz.