Dominari Holdings Announces Board Member Tim Ledwick to Assume Role of Interim Chief Financial Officer

Rhea-AI Summary

Dominari Holdings (Nasdaq: DOMH) has appointed Board Member Tim Ledwick as Interim Chief Financial Officer, effective October 1, 2025. Ledwick, who will step down from the Board to assume this role, brings over 30 years of senior financial leadership experience across public and private companies.

Ledwick's extensive background includes CFO positions at several companies, notably Syft, Dictaphone Corporation, and Lernout & Hauspie Speech Products. His expertise spans restructuring, capital markets, M&A, and operational turnarounds. Most recently, he provided CFO consulting services to a Nasdaq-listed public safety technology company.

Positive

• Appointment of highly experienced financial executive with over 30 years of leadership experience
• Strong track record in successful company restructuring and M&A transactions
• Proven history of delivering shareholder value through strategic sales and turnarounds

Negative

• Temporary nature of CFO position creates uncertainty about long-term financial leadership
• Loss of independent board member as Ledwick transitions to executive role

News Market Reaction

+4.75% 1.6x vol

31 alerts

+4.75% News Effect

+16.2% Peak Tracked

-7.1% Trough Tracked

+$6M Valuation Impact

$129M Market Cap

1.6x Rel. Volume

On the day this news was published, DOMH gained 4.75%, reflecting a moderate positive market reaction. Argus tracked a peak move of +16.2% during that session. Argus tracked a trough of -7.1% from its starting point during tracking. Our momentum scanner triggered 31 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $6M to the company's valuation, bringing the market cap to $129M at that time. Trading volume was above average at 1.6x the daily average, suggesting increased trading activity.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Sept. 23, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH), today announced that Tim Ledwick, a current member of the Company's Board of Directors, has stepped down from the Board to serve as Interim Chief Financial Officer, beginning October 1, 2025.

"Tim has extensive experience leading financial operations across multiple industries," said Anthony Hayes, Chief Executive Officer of Dominari Holdings. "His background spans public and private companies, with expertise in restructuring, capital markets, M&A, and operational turnarounds. As Interim Chief Financial Officer, he will focus on strengthening our financial organization, supporting the execution of our strategic priorities, and positioning the Company for long-term value creation."

Mr. Ledwick brings more than three decades of senior financial leadership with a proven record of managing complex transactions and delivering shareholder value. Most recently, he provided CFO consulting services to a Nasdaq listed public safety technology and services company. Prior to that, he served as Chief Financial Officer of Syft, a private equity-backed provider of hospital software solutions and services focused on cost reduction through superior inventory management practices. During his tenure, Syft was successfully sold to Global Health Exchange (GHX).

He has also served as a board member and Chair of the Audit Committee of Telkonet, Inc., a smart energy management technology company since 2012. Earlier in his career, he provided CFO consulting services to a $150 million services firm and was Executive Vice President and Chief Financial Officer of Dictaphone Corporation, where he developed and executed a business plan that revitalized the company and led to its successful sale, delivering a significant return to shareholders. He also served as Chief Financial Officer of Lernout & Hauspie Speech Products, a Belgium-based Nasdaq-listed speech technology company, where he directed restructuring efforts during its multinational bankruptcy process. Prior to L&H, he held CFO positions at Cross Media Marketing Corp and Cityscape Financial Corp. He began his career at Peat, Marwick, Mitchell & Co.

Mr. Ledwick is a member of the Connecticut Society of Certified Public Accountants. He holds a BBA in Accounting from George Washington University and an MS in Finance from Fairfield University.

For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/

Dominari Securities LLC's Mission Statement:

Dominari Securities LLC, a principal subsidiary of Dominari Holdings Inc., is a dynamic, forward-thinking financial services company that seeks to create wealth for all stakeholders by capitalizing on emerging trends in the financial services sector and identifying early-stage future opportunities that are expected to generate a high rate of return for investors.

Securities Brokerage and Registered Investment Adviser Services are offered through Dominari Securities LLC, a Member of FINRA, MSRB and SIPC. Securities brokerage, investment adviser and other non-bank deposit investments are not FDIC insured and may lose some or all of the principal invested. You can check the background of Dominari Securities and its registered investment professionals and review its SEC Form CRS on FINRA's BrokerCheck site at https://brokercheck.finra.org. Information for Dominari Securities LLC and its registered investment professionals as well as its SEC Form CRS may also be found on FINRA's BrokerCheck site.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, which include but are not limited to the Risk Factors set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 relating to its business. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contacts:

Dominari Holdings Inc.
https://www.dominariholdings.com/

Investor Relations
Hayden IR
Brett Maas, Managing Partner
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com 

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SOURCE Dominari Holdings Inc.

FAQ

Who is the new interim CFO of Dominari Holdings (NASDAQ:DOMH)?

Tim Ledwick, a former board member of Dominari Holdings, will serve as Interim Chief Financial Officer starting October 1, 2025.

What is Tim Ledwick's experience before joining Dominari Holdings as CFO?

Ledwick has over 30 years of senior financial leadership experience, including CFO roles at Syft, Dictaphone Corporation, and Lernout & Hauspie Speech Products, with expertise in restructuring, M&A, and operational turnarounds.

When will Tim Ledwick start as Dominari Holdings' interim CFO?

Tim Ledwick will begin his role as Interim Chief Financial Officer on October 1, 2025.

What are Tim Ledwick's qualifications and education?

Ledwick holds a BBA in Accounting from George Washington University and an MS in Finance from Fairfield University. He is a member of the Connecticut Society of Certified Public Accountants.

What is Dominari Holdings' main business focus?

Dominari Holdings, through its subsidiary Dominari Securities LLC, is a financial services company focused on creating wealth by capitalizing on emerging trends in the financial sector and identifying early-stage opportunities.