Affirming Commitment to Remain Independent, Kidder Mathews Appoints New President

Defying expectations that he has been grooming his firm for a possible sale, Kidder Mathews Chairman and CEO Jeff Lyon appointed one of the firm’s top brokers to become the firm’s new president and said the leadership team is committed to ensuring the Seattle-based firm remains independent for the long term. Kidder Mathews has no plans “to get folded into a publicly held company,” as many of his regional competitors have done in recent years…

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