Key Takeaways
- • SOLVE, a fixed income pre-trade data and predictive pricing provider serving more than 325 sophisticated financial firms worldwide, named Joe Plastina co-CEO alongside co-founder Gerard Nealon.
- • Co-founder Eugene Grinberg, who had served as co-CEO since co-founding the company with Nealon in 2011, transitions to chairman.
- • Plastina, previously chief financial officer and chief operating officer, brings more than 25 years of experience in finance, corporate development, strategy and operations, including involvement in more than $4 billion in acquisitions and divestitures.
- • Grinberg will devote more time to client relationships, industry engagement and strategic direction, while Nealon's role is unchanged.
Summary
SOLVE, a leading provider of pre-trade data and predictive pricing for fixed income securities markets, announced that Joe Plastina, its chief financial officer and chief operating officer, will join Gerard Nealon as co-CEO, according to a company release distributed by Business Wire. Eugene Grinberg, who has served as co-CEO since he co-founded the company with Nealon in 2011, will transition to the role of chairman.
The company said the leadership changes come as SOLVE continues to expand, now serving more than 325 sophisticated financial firms worldwide. The new structure is designed to allow Grinberg to focus more of his time on client relationships, industry engagement and the company's strategic direction. Nealon's role will not change.
Grinberg said the leadership structure "makes sense for the business and allows each of us to focus on where we can contribute the most," adding that Nealon and Plastina "bring complementary strengths to leading the company." Plastina has more than 25 years of experience in finance, corporate development, strategy and operations at enterprise technology companies, including involvement in more than $4 billion in acquisitions and divestitures. Before joining SOLVE, he held senior roles at several fintechs and served as a consultant and fractional CFO to private equity-backed firms. He said his focus will remain on strengthening operations, supporting teams and ensuring the foundation is in place for long-term growth.
Nealon said Plastina's experience in finance, operations and corporate development complements the leadership team, and that the company's priority is building on its existing capabilities, expanding them and delivering more value to the fixed income market.
SOLVE, founded in 2011 and headquartered in Connecticut, offers market data across Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS and Private Credit, according to the company's description.
The company said the leadership changes come as SOLVE continues to expand, now serving more than 325 sophisticated financial firms worldwide. The new structure is designed to allow Grinberg to focus more of his time on client relationships, industry engagement and the company's strategic direction. Nealon's role will not change.
Grinberg said the leadership structure "makes sense for the business and allows each of us to focus on where we can contribute the most," adding that Nealon and Plastina "bring complementary strengths to leading the company." Plastina has more than 25 years of experience in finance, corporate development, strategy and operations at enterprise technology companies, including involvement in more than $4 billion in acquisitions and divestitures. Before joining SOLVE, he held senior roles at several fintechs and served as a consultant and fractional CFO to private equity-backed firms. He said his focus will remain on strengthening operations, supporting teams and ensuring the foundation is in place for long-term growth.
Nealon said Plastina's experience in finance, operations and corporate development complements the leadership team, and that the company's priority is building on its existing capabilities, expanding them and delivering more value to the fixed income market.
SOLVE, founded in 2011 and headquartered in Connecticut, offers market data across Securitized Products, Municipal Bonds, Corporate Bonds, Syndicated Bank Loans, Convertible Bonds, CDS and Private Credit, according to the company's description.
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