Clear Street Further Builds Institutional Division with Senior Hires in Prime Brokerage Business

Also expands Clear Street’s Corporate and Executive Teams

NEW YORK – May 2, 2024—Clear Street (“Clear Street,” “the Company”), a New York-based diversified financial services firm, today announced several recent senior-level hires within its Institutional division, comprised of prime brokerage and professional clearing businesses, further expanding its derivatives, algorithmic and cap intro teams. Clear Street is backed by $1 billion in available capital and added 160+ new institutional clients to its prime brokerage platform over the past year.

Additions to Clear Street’s Institutional division include:

• Cory Solomon - Managing Director, Derivatives A 20-year industry veteran, Solomon has served as Head of Portfolio Finance at Weiss Multi-Strategy Advisors, Meritage Group, and Bank of America.
• Charlie Dietz - Managing Director, Derivatives Dietz joins Clear Street after more than 30 years in equity and derivatives trading. Most recently, he was Managing Director, Head of Synthetic Equity Trading at Wells Fargo.
• Wim Shih - Managing Director, Head of Equity Finance Algos and Automation Shih brings 18 years of experience as a leader on global prime finance teams and joins Clear Street from TD Securities, where he provided primary global securities lending coverage for hedge funds and internal trading desks.
• George Jamgochian - Managing Director, Head of Capital Introduction Jamgochian has 20 years of experience in marketing and capital introduction on the buy-side and sell-side. Prior to joining Clear Street, he was Director, Investor Relations at TIG Advisors and Vice President, Capital Introduction at Goldman Sachs.

Chris Pento, CEO and Co-Founder, Clear Street, said, “We are on a mission to modernize the brokerage ecosystem by replacing the legacy infrastructure used across the capital markets. Today’s announcements illustrate our commitment to further building out our world-class team with senior operatives who have deep industry expertise to drive our next stage of growth.”

The Company also announced recent appointments to its corporate and executive teams, including:

• Ashley DeSimone - Chief Marketing Officer DeSimone joins Clear Street as Chief Marketing Officer and brings over 20 years of experience in capital markets communications, investor and public relations, marketing and business development and strategy. She was previously a Partner at ICR, Inc.
• Tom Klein - Global Treasurer Klein joins Clear Street from Credit Suisse, where he was Managing Director, Head of Capital and Liquidity Management for global markets. Prior to Credit Suisse, Klein spent 18 years at UBS, most recently as Managing Director, Global Head of Equities Treasury & Trading.