David B. McMahan, PhD
Chief Executive Officer & Executive Committee Member
Dr. McMahan began trading convertible securities for his own account in 1961. From 1966 through 1969, he managed private investment accounts in Southern California. From 1969 through 1974, Dr. McMahan was Managing Director of Genesis, SA, a European-based investment manager specializing in convertible securities management for a number of Swiss and American investors. In 1975, he created the National Institutional Options Department at Paine Webber, Inc., and from 1977 through 1980, Dr. McMahan headed the Institutional and Retail Options Sales Department at Bear Stearns & Co. where he became a Partner. In September, 1980, he started predecessor organizations to McMahan Securities Co. L.P. Dr. McMahan's philanthropy work includes the National Cristina Foundation, which he founded and chairs, and which serves at more than 500 locations applying computer and information transfer technology to the challenges facing people with differing abilities.
Dr. McMahan graduated from the University of Southern California in 1960 and in 1992 earned a PhD in Labor Economics from The Union Institute. He holds the Series 4, 7, 24, and 63 licenses.
Patricia Ransom
Executive Vice President & Executive Committee Chairperson
Ms. Ransom is the Executive Vice President & Executive Committee Chairperson for McMahan Securities. In addition to serving in these two roles, she is responsible for Human Resources, Administration & Facilities Management. In that leadership role she is responsible for all human resource functions, including organizational planning, compensation, benefits, learning, employee relations, staffing, employee communications, and leadership development.
Ms. Ransom is a member of the Society for Human Resource Management and the International Foundation of Employee Benefit Plans.
Ronald Fertig
Chief Operating Officer & Executive Committee Member
Mr. Fertig has been the Chief Operating Officer for McMahan Securities since January, 2009. He has been with McMahan Securities since 1991 when he joined the firm as a trader of convertible and hybrid securities. He became Managing Partner & Head of the Trading Department in 1999, holding these positions through 2007. From 1978 to 1991, Mr. Fertig worked for Pandick, Inc. In 1985, he was promoted to General Manager of the New York division and managed a three-shift manufacturing operation in the financial industry with 300 employees.
Mr. Fertig graduated from New York University with an MA degree. He earned his BA degree cum laude from Long Island University. He holds the Series 7, 24, 55 and 79 licenses.
Scott Dillinger
Senior Managing Partner & Executive Committee Member
Mr. Dillinger is Senior Managing Partner and Head of Sales and Trading at McMahan Securities. He joined the firm in 1990 and has been one of the leading producers for the firm for the past 19 years. Mr. Dillinger began his career at Merrill Lynch in 1983 as an institutional convertible bond salesman.
Mr. Dillinger graduated cum laude with a BA in Economics from Bethany College. He holds the Series 3, 5, 7, 24, 55, 63 and 79 licenses
Leo Cheung, CFA
Chief Financial Officer & Executive Committee Member
Mr. Cheung has been the Chief Financial Officer for McMahan Securities since January, 2009. From 1989 to 1995, he worked in various financial analyst roles in Merrill Lynch, Deutsche Bank, and Kidder Peabody. From 1995 to 1999, he provided financial oversight of the Mortgage Trading Group at Credit Suisse First Boston, and last held the position of Vice President & Product Controller. From 1999 to 2008, Mr. Cheung worked at Avaya Inc. and provided leadership in the company's Investor Relations, Channel Management & Marketing, and Finance functions. He was Avaya's acting Investor Relations Officer and main contact for the investment community from August, 2003, to February, 2004.
Mr. Cheung graduated from Rensselaer Polytechnic Institute with both an MBA in Finance & Accounting and a BS in Management. He is a Chartered Financial Analyst and holds the Series 27 license.
Grace Brescia
Chief Compliance Officer
Ms. Brescia has been the Chief Compliance Officer for McMahan Securities since 2008. In 1992, Ms. Brescia joined McMahan Securities on the International Trading Desk and oversaw international settlements, foreign currency trading and operations. She transferred to the Domestic Trading Desk and became responsible for Sales and Trade Support. Her promotion to Manager of Trade Support led to her current role as Chief Compliance Officer. Her career began at Shearson Lehman Brothers where she served six years as an assistant to the Portfolio Management Director and also acted as a Syndicate Municipal Bond Coordinator for the branch office.
Ms. Brescia graduated from Pace University with a BBA in International Management. She holds the Series 7, 24 , 55 and 79 licenses.
