Joseph A. Jolson co-founded JMP Group and is our chief executive officer, the chairman of our board of directors and a member of our executive committee. Mr. Jolson is also the chief executive officer of Harvest Capital Strategies, JMP Group's asset management subsidiary, and is a portfolio manager of Harvest Opportunity Partners II, L.P. Previously, Mr. Jolson was a senior managing director and senior research analyst at Montgomery Securities, now Banc of America Securities, for 15 years. Prior to that, he was a consulting research analyst at Fidelity Management and Research in Boston in 1983 and 1984 and at Donaldson, Lufkin & Jenrette in New York from 1980 through 1982. Mr. Jolson was named to Institutional Investor magazine's All-America Research Team for 10 consecutive years, between 1986 and 1995, for his coverage of the savings and loan industry and was also selected as an All-Star Analyst by the Wall Street Journal in the financial services category in 1996 and 1997. In addition, he was ranked as a top-five thrift analyst every year from 1985 through 1994 by Greenwich Associates. Mr. Jolson received an MBA degree with distinction from The Wharton School at the University of Pennsylvania and a BA degree from Yale University.
Craig R. Johnson
Director & President
Craig R. Johnson is our president and a member of our executive committee. Mr. Johnson also serves as a member of our board of directors. He previously served as president of JMP Securities, from January 2002 until January 2007. Mr. Johnson was a founding member of Saw Island Asset Advisors, LLC, an alternative investment firm specializing in hedge fund investments which was acquired by JMP Asset Management in January 2003. Prior to founding Saw Island Asset Advisors, Mr. Johnson spent 20 years, from 1980 through 2000, at Montgomery Securities, now Banc of America Securities, most recently as director of global institutional sales and a member of the firm's executive committee. Mr. Johnson serves on the board of directors of Corticon Technology, a rules-based enterprise software platform for decision management. Mr. Johnson received a BA degree from Stanford University.
Mark L. Lehmann
Director & Co-President, JMP Securities
Mark L. Lehmann is director of equities and co-president of JMP Securities and is a member of our executive committee. Mr. Lehmann also serves as a member of our board of directors. Previously, Mr. Lehmann was a managing director at U.S. Bancorp Piper Jaffray, where he initiated and managed the firm's middle-market sales effort. He previously served as both the global director of institutional sales and the global director of equity research at Banc of America Securities after serving as an institutional salesperson at the firm and its predecessor, Montgomery Securities, for 10 years. Mr. Lehmann was also a founding partner of Baypoint Trading, a provider of trading execution services to investment managers. Mr. Lehmann received a JD degree from the New York University School of Law and a BA degree from the University of Illinois. He is a certified public accountant.
Carter D. Mack
Director & Co-President, JMP Securities
Carter D. Mack co-founded JMP Group, is director of investment banking and co-president of JMP Securities, and is a member of our executive committee. Mr. Mack also serves as a member of our board of directors. Prior to co-founding JMP Group, Mr. Mack was a managing director in the financial services group at Montgomery Securities, now Banc of America Securities, where he focused on corporate finance and mergers and acquisitions for finance companies, depository institutions and other financial intermediaries. Mr. Mack also worked with financial institutions in the investment banking group at Merrill Lynch for five years. He previously worked in corporate finance at Security Pacific Corp. and in strategic planning at Union Bank of California. Mr. Mack received an MBA degree from the UCLA Anderson School of Management and a BA degree from the University of California, Berkeley.
Thomas B. Kilian
Chief Financial Officer
Thomas B. Kilian is a managing director of JMP Group and our chief financial officer. Prior to joining JMP, Mr. Kilian was in the financial services group at NationsBanc Montgomery Securities, now Banc of America Securities, where he advised non-bank financial institutions in the commercial finance, consumer finance and mortgage sectors on capital raising transactions and strategic matters. From 1992 until 1996, Mr. Kilian served as an assistant vice president in Deutsche Bank's corporate development group in Frankfurt, Germany, engaged in strategic planning and business development. Mr. Kilian holds an MBA degree from Stanford University and a masters degree in industrial engineering from Karlsruhe University in Germany.
Harris S. Barton
Independent Director
Harris Barton serves as a member of the board of directors of JMP Group. He also serves on the company's corporate governance and nominating committee. Mr Barton is managing partner of HRJ Capital, a manager of private equity and hedge funds of funds. HRJ Capital develops and markets investment strategies centered on buyouts, venture capital, hedge investments, real estate and special situations. Mr. Barton co-founded HRJ Capital in 1999 after concluding a 10-year professional football career with the San Francisco 49ers of the National Football League.
Kenneth M. Karmin
Independent Director
Kenneth Karmin serves as a member of the board of directors of JMP Group. He also serves on the company's audit committee. Mr. Karmin is a principal of High Street Holdings, a diversified investment company, and is chief executive officer of Ortho Mattress Inc. From 1993 to 1998, Mr. Karmin served as a managing director at Credit Agricole Futures, SNC in London. He was also managing director of the financial futures and options department in the London offices of Rodman & Renshaw, Inc. prior to the acquisition of the firm's U.K. branch by Credit Agricole. Mr. Karmin previously worked at Drexel Burnham Lambert Inc. in its institutional financial futures division.
H. Mark Lunenburg
Independent Director
H. Mark Lunenburg serves as a member of the board of directors of JMP Group. He also serves on the company's compensation committee. Mr. Lunenburg is president and managing member of Talon Capital, an institutional money management firm founded in 2002 that focuses on absolute return strategies. Mr. Lunenburg previously managed funds for Ballentine Capital Management for more than a decade. In 1987, he joined the Bass Brothers' investment operations, concentrating on stock research and high-yield credit analysis, before which he held various investment research positions at Kemper Financial Services, where he was recognized in Institutional Investor magazine's annual "Best of the Buy Side" analyst survey. Mr. Lunenburg is a Chartered Financial Analyst. He is currently vice chairman of the board of Connecticut Children's Medical Center and is an honorary governor of the Hill-Stead Museum in Farmington, Connecticut.
Edward J. Sebastian
Independent Director - Presiding Director in Executive Sessions
Edward J. Sebastian serves as a member of the board of directors of JMP Group. He also serves as chairperson of the company's corporate governance and nominating committee, its audit committee and its compensation committee. He is the company's presiding director in executive sessions. Mr. Sebastian is the founder, chairman and chief executive officer of SMR Group LLC, a private equity investment firm located in Newport Beach, California. He is the former chairman and chief executive officer of Resource Bancshares Mortgage Group, a residential mortgage company headquartered in Columbia, South Carolina, founded by Mr. Sebastian as a division of Republic National Bank in May 1989. Resource Bancshares Mortgage Group went public in 1993 and merged with NetBank, Inc. in March 2002. Previously, Mr. Sebastian was vice chairman of Bankers Trust of South Carolina and corporate executive vice president of NCNB Corporation, which are both now part of Bank of America. Mr. Sebastian is currently a member of the board of directors of the South Financial Group, a financial institution headquartered in Greenville, South Carolina, and is active on the boards of advisors of various venture capital funds.
Glenn H. Tongue
Independent Director
Glenn H. Tongue serves as a member of the board of directors of JMP Group. He also serves on the company's corporate governance and nominating committee, its audit committee and its compensation committee. Mr. Tongue has been a general partner and co-manager of T2 Partners Management since April 2004 and is the co-manager of three private investment partnerships: the Tilson Growth Fund, the Tilson Offshore Fund and the T2 Qualified Fund. Prior to joining T2 Partners, Mr. Tongue spent seventeen years working on Wall Street, most recently as an investment banker at UBS, where he was a managing director and head of acquisition finance. Previously, Mr. Tongue served as president of DLJdirect, a publicly traded online brokerage firm that was spun out of investment bank Donaldson, Lufkin & Jenrette in 1999. Mr. Tongue oversaw both DLJdirect's IPO and its eventual sale. Additionally, Mr. Tongue was a managing director for ten years in the investment banking group at Donaldson, Lufkin & Jenrette. Mr. Tongue serves on the board of All Souls School, an early childhood educational facility in New York, New York.
show all
hide all